Economist Tells Gwinnett Chamber that Covid-19-related Downturn Is 'a Recession by Design'

Posted July 18, 2020

External Article: Gwinnett Daily Post

A talk by Alfie Meek (ECON 1991)(EI2) to the Gwinnett Chamber was reported in “Economist Tells Gwinnett Chamber that Covid-19-related Downturn Is 'a Recession by Design.'” Gwinnett Daily Post, July 18, 2020.

Excerpt:

The economy will not come back quickly or easily from the impact created by the COVID-19 novel coronavirus pandemic, according to the head of the Georgia Tech Enterprise Innovation Institute's Center for Economic Development Services.

The center's director, Alfie Meek, provided a mid-year economic update to the Gwinnett Chamber of Wednesday. His speech served as somewhat of a preview of what the pandemic could do to the economy.

Meek said a realistic scenario is that the U.S. will have "effective control" of the virus and partially effective policy interventions, but he added regional resurgences of COVID-19 would occur.

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