Reuters (May 27)
Covid-related restrictions “have battered the world’s second-biggest economy even as most countries have been seeking to return to something like normal.” Although “China’s economy is now staggering back to its feet,” the recovery remains “grinding and partial… with businesses from retailers to chipmakers warning of slow sales as consumers in the country slam the brakes on spending.”
Tags: Battered, Businesses, China, Chipmakers, Consumers, Covid, Economy, Grinding, Normal, Partial, Recovery, Restrictions, Retailers, Sales, Staggering, Warning
New York Times (March 17)
The U.S. economy is shutting down “as pandemic measures take hold. The fast-spreading virus has put an end to movies, date nights and other economic activity, prompting some economists to call a U.S. recession.” By Monday, “it was clear everywhere that most of the American economy was grinding to an unparalleled halt and would remain that way for months.”
New York Times (January 9)
President Trump “has been painfully out of his element. Two years in, he remains ill suited to the complicated, thankless, often grinding work of leading the nation.” Clearly there is a crisis, but “the crisis is in the Oval Office. The president has exaggerated threats but ignored the hazards his border policies created.”
Tags: Complicated, Crisis, Exaggerated, Grinding, Ill-suited, Oval Office, Threats, Trump