Different Realities, Different Recoveries

Tom Barkin

Speech from Federal Reserve Bank of Richmond

Abstract: My family is fortunate to be healthy, together, and working from home. My grown kids, who left us several years ago, have come back, and it is great fun to be together again. We are surprisingly productive. We are spending less on travel and dining out, so are saving more. But many people are in very different circumstances. Take, for example, those who work in businesses deemed essential. They continue to go to their workplaces. They are proud to have been deemed critical for the safety and security of our country and some are receiving hazard pay. But they know — no matter the precautions they are taking — that working poses a health risk to them and to their families.

Keywords: economic; inequality; and; poverty (search for similar items in EconPapers)
Date: 2020-05-21
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.richmondfed.org/press_room/speeches/th ... 2020/barkin_20200521 Speech (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fip:r00034:101327

Access Statistics for this paper

More papers in Speech from Federal Reserve Bank of Richmond Contact information at EDIRC.
Bibliographic data for series maintained by Matt Myers ().