Fed’s Kaplan on Negative Growth, Emergency Programs, Workforce

The transcript discusses the potential for a recession due to economic challenges and resurgence of COVID-19, with a focus on the Federal Reserve's response and the impact of vaccines on economic recovery. It highlights long-term changes in the economy, such as increased remote work and the need for skills training. The discussion also covers productivity growth, the role of zombie companies, and the impact of racial injustice on economic growth.

What is the expected timeline for the distribution of vaccines and its effect on the economy?

How does the text describe the impact of technology on job structures during the pandemic?

What are 'zombie companies' and how do they relate to the current economic situation?

What measures are suggested to address racial injustice and its impact on productivity?