I’m sure someone smarter about economics than me has said this better but: a recession after a recovery in which almost all the gains were concentrated at the top, following a *prior* recession in which many people’s only wealth (their homes) was wiped away, seems catastrophic.

I’m sure someone smarter about economics than me has said this better but: a recession after a recovery in which almost all the gains were concentrated at the top, following a *prior* recession in which many people’s only wealth (their homes) was wiped away, seems catastrophic.

— Adam Serwer🍝 (@AdamSerwer) March 18, 2020