Back in March, Congress passed a historic $2 trillion stimulus bill that reached millions of Americans. You may have received a check in the mail or a boost in unemployment insurance. But researchers and economists are saying the money Congress spent so far may not be enough. We’ll break down what still needs work, and what experts say Congress should prioritize.
Also: you may have seen some headlines this week about some big stores going bankrupt. We’ll tell you why COVID-19 has pushed them into bankruptcy. And why it could impact what your next trip to the mall looks like.
And finally, you asked and we Skimm’d: how is COVID-19 more dangerous than the seasonal flu? We’ll tell you why experts say it’s not a fair comparison. Hint: even though the symptoms are similar, they’re caused by different viruses.
On this episode, you’ll hear from:
Dr. Jay Shambaugh, director of the Hamilton Project at the Brookings Institution and former member and chief economist of the White House Council of Economic Advisers
Henrietta Treyz, founder, managing partner and the director of economic policy at Veda Partners
Dr. Gloria Gonzalez-Rivera, professor of economics at University of California-Riverside
Nancy Rapoport, Garman Turner Gordon Professor of Law, William S. Boyd School of Law at the University of Nevada, Las Vegas
Vince Tibone, retail sector head at Green Street Advisors
On next week’s episode, we’re devoting our entire show to the topic of unemployment. Have you recently been impacted? If so, we’d love to hear your story and perhaps include it on next week’s show. Call and leave us a voicemail at: 646-461-6370.
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Skimm This for July 31, 2020