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Why U.S. economic crisis is even worse than it appears

The U.S. economic crisis is even worse than it appears. Here's what government can do

05/08/2020

PBS News Hour

Why U.S. economic crisis is even worse than it appears

Clip: 5/8/2020 | 6m 41sVideo has Closed Captions

The U.S. economic crisis is even worse than it appears. Here's what government can do

A new jobs report details a picture of devastating national unemployment not seen since the Great Depression. Neel Kashkari, president of the Federal Reserve Bank of Minneapolis and former assistant secretary of the treasury, joins Judy Woodruff to discuss why the crisis is likely even worse than it appears, who is hurt the most and what the government can do to try to stabilize the U.S. economy.

05/08/2020

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