Economic Dignity and the Policy Endgame
How can people attain economic dignity at a time when the coronavirus pandemic has torn a hole in our economic fabric? This is the question that Market News International correspondent Pedro da Costa explores with Gene Sperling, national economic advisor and author of “Economic Dignity.” Sperling argues that COVID-19 has only exacerbated inequalities that were already nearing their breaking point, incorporating the U.S. budget deficit and Federal Reserve’s actions into his analysis. Sperling and da Costa then look forward weigh to the 2020 presidential election and the possibility of additional fiscal stimulus, weighing the various probabilities as they attempt to build their framework for the near-term. Filmed on October 2, 2020.