Economic Tipping Point 2020

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Blazing wildfires, raging hurricanes, and sweeping unemployment are re-shaping the lives of millions of Americans, all while continuing to deal with the ongoing pandemic. Countless businesses have shuttered, while families and teachers continue to struggle with remote learning. Professor and economist Richard Wolff describes structural inefficiencies that have led our society to a tipping point in 2020.

Plus, as the federal fiscal year comes to a close, an update on foreign and frivolous expenditures made by government agencies keen on spending their “use it or lose it” funds.

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