Ask an economist: Could states go bankrupt because of COVID-19?

Another week has gone by with more dismal economic indicators, including an additional 4.4 million jobless claims. We're checking in with David Fiorenza, Assistant Professor of Practice at the Villanova School of Business, who has kind of become our in-house economist at KYW In Depth. Fiorenza joins the podcast to discuss the unemployment numbers, the new package from Congress to help small businesses, and the statements from Senate Majority Leader Mitch McConnell about states declaring bankruptcy. See omnystudio.com/policies/listener for privacy information.