Even with a vaccine, 2021 will be full of hardship, argue Anne Case and Angus Deaton of Project Syndicate. COVID-19 has ravaged the US economy, transferring huge amounts of wealth from struggling small businesses to flourishing big tech companies. In parallel, educated Americans are faring much better than those without degrees, as the ability to work from home offers much-needed flexibility. Jobs won't necessarily come back after the pandemic, with many employers closing shop and moving away. The financial toll on US families has been extremely heavy and will be very hard to undo. The advent of 2021 won't cancel out these profound issues.
While America has been seriously rattled by the pandemic, 2021 like likely herald much positive change, believes David Faris of The Week. The arrival of a vaccine is a major success. It was developed in record time and will reach Americans far faster than anyone expected. The US government has already ordered huge quantities that will allow much of the populace to be vaccinated. Once that happens, herd immunity will become increasingly likely. Children will be able to go back to school and elderly people will be able to visit their families again. While the pandemic created huge problems, 2021 signals their gradual end and promises a brighter future.