Economist: US Economy Is Addicted to Bailouts From the Fed

The coronavirus recession has been dubbed the worst slump since the Great Depression. 

Yet in 2021, the U.S. government is seemingly doing the opposite of what was done in the 1920s—it’s now all about intervention, and the government is doling out cash like never before. But does it work?

Self-confessed macroeconomics addict George Gammon gives us a layman’s lowdown on the U.S. economy.

How to solve the problem of an economy “addicted to monetary heroin”? Gammon’s solution is basic beyond belief!

Watch the full episode on YouTube:

Hosted by NTD journalist Brendon Fallon, Wide Angle is following the latest political developments in the United States and abroad, and finding the connection between these and the larger global trends of our times.

Wide Angle is an NTD show available on YouTube and on the NTD website.

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