As our society continues to try to weather the fallout from COVID-19, James Keys, Tunde Ogulana, and Rob Richardson discuss the unprecedented nature of the ongoing job losses and what a recovery for working people would look like (2:02) and why the government stimulus did not seem to serve working people (18:45). The guys also point out that Americans, including the most staunch capitalist, often embrace socialist policies (30:57), how some are really good at taking advantage of this socialist streak (39:05), and how this kind of disconnect plays a role in working people being unable to effectively demand a fair shake in our economy (46:51).
U.S. now has 22 million unemployed, wiping out a decade of job gains
22 million Americans have filed for unemployment benefits in the last four weeks
Covid-19’s Economic Pain Is Universal. But Relief? Depends on Where You Live
Paycheck Protection Program billions went to large companies and missed virus hot spots
Harvard, With A $40 Billion Endowment, Will Receive $8.7 Million In Federal Aid For Coronavirus Relief
Potbelly secures $10M small business loan for virus relief days after exec gets $100K bonus