The U.S. approach has problems that go deeper a lack of funding.
By Anke Hassel and Kathleen Thelen
April 24, 2020 at 6:00 p.m. GMT+7
For the first time, the U.S. government is subsidizing companies to hold on to their workers. However, the Paycheck Protection Program (PPP) that Congress passed to fight unemployment in the coronavirus economic crisis is having trouble delivering benefits. Its first round of funds was quickly exhausted.