The recession inside a recession
In March, President Trump said he believed economic recovery would come quickly after coronavirus lockdowns led to record unemployment numbers and business closures. But now, economists — and even Fed officials — are taking a rare public stance to warn that, without another stimulus package from Congress, the U.S. is likely facing a long-term recession.
- Plus, Joe Biden issues a challenge to Trump over the violence in Portland.
- And, why we shouldn't be so quick to trust polls on the presidential election.
Guests: Axios' Dion Rabouin, Hans Nichols, and Sara Kehaulani Goo.
Credits: "Axios Today" is produced in partnership with Pushkin Industries. The team includes Niala Boodhoo, Sara Kehaulani Goo, Carol Alderman, Cara Shillenn, Nuria Marquez Martinez, Naomi Shavin and Alex Sugiura. Music is composed by Evan Viola. You can reach us at [email protected].