Ex-Fed Pres. Dudley Won't Rule Out Double-Dip Recession

The video discusses the implications of delayed fiscal spending due to the election, the worsening pandemic, and its impact on the economy. It highlights the potential for more lockdowns and the deteriorating economic outlook. The previous fiscal stimulus provided significant support, but future measures are uncertain. The possibility of a double-dip recession is also considered if conditions worsen.

What are the implications of not receiving substantial fiscal stimulus until after the inauguration?

How does the worsening pandemic affect the economic outlook according to the text?

What was the impact of the previous fiscal stimulus on household income and small businesses?

What factors contribute to the current economic situation as described in the text?

Discuss the potential consequences of a double dip recession as mentioned in the text.