Economics
Trump’s School-Reopening Gambit Stokes Fresh Concern on Recovery
- School shutdowns hurt economy but so does a spreading virus
- Smooth recovery hinges on safe return to class: Fed’s Bostic
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The U.S. economy is caught in the middle of President Donald Trump’s tug-of-war to reopen schools -- and could end up damned no matter what happens.
The full-fledged restart the president is pushing for would boost economic growth by allowing parents to go back to work instead of staying at home to care for their children. But it also would risk a more-rapid spread of viral infections that are already surging in some states, sapping the momentum of the nascent recovery.