Economic tipping point 2020
Blazing wildfires, raging hurricanes, and sweeping unemployment are re-shaping the lives of millions of Americans, all while continuing to deal with the ongoing pandemic. Countless businesses have shuttered, while families and teachers continue to struggle with remote learning. Professor and economist Richard Wolff describes structural inefficiencies that have led our society to a tipping point in 2020. Plus, as the federal fiscal year comes to a close, an update on foreign and frivolous expenditures made by government agencies keen on spending their “use it or lose it” funds. As Trump and Biden prepare to square off on the debate stage, Claire Meyerhoff and Kristen Ruby offer a preview of what to expect from both sides. With the nation struggling to contain Covid-19 and grappling over the meaning of ‘law and order’, does Trump maintain an advantage as the incumbent?