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?