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The star of the 2020 economy was widening inequality. Will 2021 close that gap or make it worse?

The star of the 2020 economy was widening inequality. Will 2021 close that gap or make it worse?

Call it a K-shape, or maybe it's more of a straight line -- the wealthy did very well in 2020 and everyone else did not. So what's in store for 2021?

The Week in Philly from KYW Newsradio

January 9, 202111m 41s

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Show Notes

2020 was horrible for a lot of people in a lot of ways, and one of the main themes in the economy was the massive chasm between the haves and have nots that got wider and wider during the coronavirus pandemic "recovery." Call it a K-shape, or maybe it's more of a straight line -- the wealthy did very well in 2020 and everyone else did not. So what's in store for 2021? Now that Democrats have been voted into power in the Senate, will more relief efforts be headed to Americans? Are we seeing the beginning of a bad trend line for jobs and employment numbers? David Fiorenza, Associate Professor of Practice at the Villanova School of Business joins KYW Newsradio in Depth to talk about what's in store for the economy in 2021.

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