| Maintaining the health of the U.S. economy has been the top priority for many Americans (and their elected leaders) who remain opposed to measures to prevent the spread of Covid-19. But opening states' economies too hastily can backfire, as we've seen this past month, with huge surges in cases forcing some leaders to reimpose restrictions. Meanwhile, the job market remains precarious for millions, and it's not being helped by questions about the future of expanded unemployment assistance and other government aid. Though there are bright spots — even outright success stories — the pandemic has exposed the weaknesses of the U.S. economy, and shown just how far from recovery we really are. Third-Quarter Economic Outlook Turns Cloudier — Mohamed El-Erian The Covid Surge Will Slam Southern States' Economies — Noah Smith NBA's Reopening Is a Warning Sign for the Economy — Tyler Cowen The Pandemic Could Become a Debt Crisis — Bloomberg's editorial board If 2020 Weren't Strange Enough, Printers Stage a Comeback — Tara Lachapelle There's Still a Gaping Hole in the Economy — Justin Fox U.S. Covid Failure Is Getting Harder for Markets to Ignore — John Authers Stocks Set Adrift After Losing Propellers, Anchors — Mohamed El-Erian Coronavirus Brings American Decline Out in the Open — Noah Smith Governors, Learn the Lessons of Covid-19 — Bloomberg's editorial board This is the Theme of the Week edition of Bloomberg Opinion Today, a roundup of our top commentary published every Sunday. | 
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