Americans have become, by some measures, richer during the pandemic than ever before.
It’s a difficult thing to fathom, what with the economic collapse and the surge in the ranks of the jobless, the homeless and the hungry. But there’s a whole class of people — at least the top 20 per cent or so of earners — who’ve had to worry little about such matters.
For them, not only has it been relatively easy to carry out their white-collar jobs from home. But the Federal Reserve’s unprecedented emergency measures —including slashing benchmark rates to zero — have
It’s a difficult thing to fathom, what with the economic collapse and the surge in the ranks of the jobless, the homeless and the hungry. But there’s a whole class of people — at least the top 20 per cent or so of earners — who’ve had to worry little about such matters.
For them, not only has it been relatively easy to carry out their white-collar jobs from home. But the Federal Reserve’s unprecedented emergency measures —including slashing benchmark rates to zero — have