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What Systemic Changes Are Needed To Address The Economic Impacts Of COVID-19?

Chris Kaufman / SF Chronicle
A server sanitizes the front door before opening Midtown Grill in Yuba City, California on Wednesday, May 6, 2020.

On this edition Your Call, we’ll speak with former Labor Secretary Robert Reich about the current state of the US economy.

With more than 39 million Americans now unemployed, US Fed Chair Jerome Powell warns that the unemployment rate could reach 25 percent. The House recently passed a $3 trillion bill to extend unemployment benefits through 2021. What systemic economic changes are needed to address growing inequality and the lasting economic impacts of COVID-19?

Guests:

 

Robert Reich, professor of public policy at UC Berkeley, former secretary of labor under President Clinton, and author of many books including his latest The System: Who Rigged It, How We Fix It

Web Resources:

The Guardian, Robert Reich: Under Trump, American exceptionalism means poverty, misery and death

NY Times, Ben Casselman and Jim Tankersley: As Reopening Starts, Americans Expect Recovery to Take Years

NY Times, Eduardo Porter and David Yaffe-Bellany: Facing Adulthood With an Economic Disaster’s Lasting Scars

NY Magazine, Ed Kilgore:The coming COVID higher-ed disaster

Bloomberg, Jennifer Dlouhy: Who Gets CARES Act Aid?