Fool Me Twice: How Democrats Risk Repeating the Mistakes of the Financial Crisis in the Era of Covid-19

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As the U.S. economy was spiraling out of control in 2008 and 2009, economist James Galbraith predicted that an insufficiently large stimulus would lead to a prolonged recession. He was right, and today he has a different set of economic prescriptions to address the economic crisis brought on by Covid-19. If Biden wins, will he listen? Senior politics editor Nausicaa Renner talks to Galbraith about his recent piece for The Intercept.
Transcript coming soon.
The post Fool Me Twice: How Democrats Risk Repeating the Mistakes of the Financial Crisis in the Era of Covid-19 appeared first on The Intercept.

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Author: TheIntercept.com

After NSA whistleblower Edward Snowden came forward with revelations of mass surveillance in 2013, journalists Glenn Greenwald, Laura Poitras, and Jeremy Scahill decided to found a new media organization dedicated to the kind of reporting those disclosures required: fearless, adversarial journalism. They called it The Intercept. Today, The Intercept is an award-winning news organization that covers national security, politics, civil liberties, the environment, international affairs, technology, criminal justice, the media, and more. The Intercept gives its journalists the editorial freedom and legal support they need to pursue investigations that expose corruption and injustice wherever they find it and hold the powerful accountable. EBay founder and philanthropist Pierre Omidyar provided the funding to launch The Intercept and continues to support it through First Look Media Works, a nonprofit organization.