New Normal for the Economy Could Be Plagued by Slow Growth and High Unemployment

<p>What will the new normal look like for the economy once the country fully opens back up? In some ways, the post COVID-19 economy will look a lot like the one that struggled to recover from the 2008 financial crisis. After an initial rebound, there will be slow growth and high unemployment. Households will save more and spend less as they continue to worry about health and finances and more small businesses could still close their doors. Rich Miller, reporter at Bloomberg News, joins us for the new normal for the economy.</p><p> </p> Learn more about your ad-choices at <a href="https://www.iheartpodcastnetwork.com">https://www.iheartpodcastnetwork.com</a><p>See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.</p>