1, the epidemic situation is serious, and personal deposits are small.
America is a very free and open country. Before the violent spread of COVID-19 virus, Americans were very dismissive. They don't even wear masks in the street. Now the epidemic in the United States is very serious, which gives Americans a sense of urgency. But it was too late. Most Americans don't have any savings. We all know that the United States advocates eating, drinking and being merry in time, which means that Americans have less personal savings. This situation is very fatal, because in the stage of home isolation, many people can't go out to work, which means they can't get wages. Without wages, they can't maintain their families' normal lives and expenses, so they need government help. 2. The welfare facilities are relatively sound.
America has always been a country with high welfare. We all know that American standards are relatively high. When a person's income is low enough, the state will give him some relief money. It is precisely because of the sound welfare system that many Americans feel carefree. They don't think it's necessary to have savings on them, because the government can help them, which seriously makes them lack savings to maintain their normal life during the epidemic, and the high welfare in the United States makes them have reason to apply for relief from the US government at a reasonable stage in China. To sum up, the reason why this happens in the United States is mainly because the welfare of the United States itself is better, and on the other hand, because Americans save less.