Top administration officials foresee one in five workers out of a job
Unemployment has been arguably one of the most important problems coming out of the coronavirus pandemic. The latest figures show 14.7 percent unemployment across the country. And that’s just months after the Labor Department reported record LOW unemployment. Now, President Trump’s own economists are predicting a 20 percent unemployment rate. That’s a number unseen since 1937 and the Great Depression. How do we get ourselves out of it? Steve Keen, the author of “Debunking Economics” and the world’s first crowdfunded economist, whose work is at patreon.com/ProfSteveKeen, joins the show.