Post COVID Economics with Ron Howrigon
With the COVID-19 shutdown leading to over 10% unemployment and adding two trillion dollars to the national debt (from the “stimulus package”), the U.S. has entered “uncharted economic waters.”
No major country in the world has ever been this upside down on debt-to-income ratio. All metrics point to a fiscal disaster much larger than the 2008 mortgage crisis, and substantially worse than the “Great Depression” of 1929.
Health care economist, Ron Howrigon, author of Flatlining: How Healthcare Could Kill the US Economy, breaks it down by the numbers.
About Our Guest
Ron Howrigon is the President and Founder of Fulcrum Strategies, a physician advocacy group he founded in 2004, and author of Flatlining: How Healthcare could Kill the U.S. Economy. He has eighteen years experience in the managed care industry as a negotiator and network manager. He has held senior management positions with three of the largest managed care companies in the U.S., including Kaiser Permanente, Cigna, HealthCare, and Blue Cross/Blue Shield.