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LISTEN: How The Coronavirus Downturn Might Play Out

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Ryan Caron King
/
Connecticut Public Radio

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:

John Henry Smith is Connecticut Public’s host of All Things Considered, its flagship afternoon news program. He's proud to be a part of the team that won a regional Emmy Award for The Vote: A Connecticut Conversation. In his 21st year as a professional broadcaster, he’s covered both news and sports.

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SOMOS CONNECTICUT is an initiative from Connecticut Public, the state’s local NPR and PBS station, to elevate Latino stories and expand programming that uplifts and informs our Latino communities. Visit CTPublic.org/latino for more stories and resources. For updates, sign up for the SOMOS CONNECTICUT newsletter at ctpublic.org/newsletters.

SOMOS CONNECTICUT es una iniciativa de Connecticut Public, la emisora local de NPR y PBS del estado, que busca elevar nuestras historias latinas y expandir programación que alza y informa nuestras comunidades latinas locales. Visita CTPublic.org/latino para más reportajes y recursos. Para noticias, suscríbase a nuestro boletín informativo en ctpublic.org/newsletters.

Federal funding is gone.

Congress has eliminated all funding for public media.

That means $2.1 million per year that Connecticut Public relied on to deliver you news, information, and entertainment programs you enjoyed is gone.

The future of public media is in your hands.

All donations are appreciated, but we ask in this moment you consider starting a monthly gift as a Sustainer to help replace what’s been lost.

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Connecticut Public’s journalism is made possible, in part by funding from Jeffrey Hoffman and Robert Jaeger.