This week’s debate focuses on the relative power of China and the United States--we’re leaving the measurements and details up to you. In the meantime, here’s a brief refresher on the trajectory of China’s economy, as well as some of the geopolitical initiatives the country has taken. Since China’s position within the global COVID-19 crisis is relevant to this discussion, we’ll also briefly summarize their response to the pandemic and the international reactions that it has elicited.
In light of the recent ASG election, Political Union has decided to debate whether or not ASG matters for the student body. So for debate prep this week, I am providing a quick overview of some things that ASG does.
In late March, Congress passed the CARES Act, a comprehensive $2 trillion stimulus package to aid an American economy reeling from coronavirus protection measures. As businesses have shuttered and Covid-19 case numbers have skyrocketed, the United States has seen nearly 30 million new unemployment claims over the last month and daily falls in the Dow Jones Industrial Average of up to -13%. These are unprecedented figures. Consequently, Individual industries, like air travel and meat processing, have asked the government for bailout money as they struggle to stay liquid.
The question before us on Monday evening at 7pm CST (we hope you’ll join us—check our Facebook for a Zoom link!) is whether the government should engage in bailouts to big businesses like these, in principle.
Hello everyone! For the debate tomorrow, I have written some summaries of a few different countries’ approaches to coronavirus lockdowns, so you can see how they have fared.
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