Fed Predicts Doomsday For U.S. Economy, Could Andrew Yang Save Us?

Fed Predicts Doomsday For U.S. Economy, Could Andrew Yang Save Us?

St. Louis Fed predicts that the coronavirus pandemic could smash unemployment records from the Great Depression. We may never go back to normal after this. Could Universal Basic Income be the answer? As the Fed predicts unemployment rates surpass those of the Great Depression, will we have to resort to Universal Basic Income? | Source: Shutterstock.com St. Louis Fed predicts unemployment rates could be far worse than they were during the Great Depression.

These numbers are even more severe than St. Louis Fed President’s grim prediction last week.

Could these challenges be a test run for Universal Basic Income? […]

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