Apr 14, 2020
WEBINAR: How Does the US Economy Recover from This?
The Council hosted a discussion on whether or not the right policies are being pursued, whether they will help for the duration of the crisis, and what policies will be needed to restart the economy when—and if—"normal" economic activity resumes.
About the Event
The ongoing pandemic is causing the sharpest and fastest downturn in the American economy since the Great Depression. In an unprecedented and bipartisan move, massive government resources are being allocated in an attempt to rescue the economy—in effect, to replace normal economic activity and attempt to hold as many Americans as possible relatively unharmed until the public health emergency passes.
Are the right policies being pursued and will they help for the duration of the crisis? What policies will be needed to restart the economy when—and if—the public health situation allows for the resumption of "normal" economic activity?
To discuss these matters, the World Affairs Council of Philadelphia was joined by Robert Kuttner, co-founder and co-editor of The American Prospect, and professor at Brandeis University's Heller School, and Peter Goettler, President and CEO of the CATO Institute.