Brainard – Unemployment over 20% among lowest paid
“The damage from COVID-19 is concentrated among already challenged groups. The K-shaped recovery remains highly uneven, with certain sectors and groups experiencing substantial hardship.”
USAGOLD note: The timebomb ticking underneath the U.S. economy …… Brainard, like the rest of the Fed, is looking to the federal government to keep a lid on the problem.
Repost from 1-16-2021