Governments will have to deal with the economic fallout from the pandemic for decades to come. If they get their response wrong, countries risk economic stagnation and political division.
Read more here: https://econ.st/3ojORKY
Tag Archives: Economic Recovery
The Economy: “What Will The Recovery Look Like?”
Economists have long used letters of the alphabet like V and U to describe economic recoveries. But the coronavirus downturn is so different from past recessions that economists are coming up with new shapes to describe the potential recovery. WSJ explains.
Illustration: Jacob Reynolds
Top Daily News Podcast: Economic Recovery, Covid-19 Surge & Virtual Democratic Convention
The consensus among economists is that the U.S. recovery will most likely be something in between a V and a W — a sharp drop, a relatively small bounce back, and then a long period of slow growth.
- Time to pay attention again: The coronavirus surge is real, and it’s everywhere in the United States.
- And Axios co-founder Mike Allen tells us what to expect at the virtual Democratic National Convention in Milwaukee.
Guests: Axios’ Felix Salmon, Sam Baker, and Mike Allen.
Boomers Daily 