2020 was without a doubt the worst year for the American economy since the financial crisis of 2008. As the covid-19 pandemic began cities across the country shut down and a veritable Economic havoc ensued. While some businesses were easily able to transition to remote work, it was simply infeasible for others to operate during a lockdown. Thousands of businesses were forced to close, closures which for many have become permanent. Predictably, a surge in unemployment followed,  rising to 14.8% last spring, and although it has steadily fallen, unemployment today remains above 6%, compared to the 3.5% it was at pre-pandemic. Today, with vaccines being distributed and lockdown restrictions easing, people have begun to try and return to normalcy.

However, recovering from covid’s economic fallout will not be an easy task, and it will require billions, if not trillions in federal aid and funding. Now more than ever, American leadership must acknowledge the benefits of the EB-5 Program, and endeavor to utilize the program to its fullest potential. . .

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