CrossTalk on the economy, QUARANTINE EDITION: ‘K-Shaped’ recovery?
As the cultural war consumes American politics during this election cycle, the economy remains in a precarious state. Millions of people live on the margins. The only constant for them is insecurity. Economists debate an eventual recovery. They speak of a U, V and a L. But is it in fact a “K-shaped” recovery? A permanent underclass?
CrossTalking with Richard Wolff & Peter Schiff.