The economy has been thrown into turmoil by the coronavirus pandemic, but predicting the longer-term effects of the downturn can be a tricky business. U.S. consumer spending was up a record 18% in May, despite the fact that unemployment remains in double digits. So how do we chart the future now that the pandemic has changed everything?
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Gene Sperling is the only person to serve under two presidents as director of the National Economic Council. Sperling is also a 1985 graduate of Yale Law School. He spoke with Connecticut Public Radio’s All Things Considered host, John Henry Smith.
Hear the interview below: