The average citizen is going to get hammered unless we find ways to access the enormous amounts of wealth that we have in this country to address these problems.

What we need to do is dump cash into the bank accounts of the American people and keep them going

until we get through this pandemic and then maybe we can pick up where we left off.

All of these issues compound in ways

that you only learn about in a crisis

unless you've been paying close attention.

From the offices of Civic Ventures in downtown Seattle, this is Pitch Fork Economics,

with Nick Hanauer.

One American capitalist's desperate attempt to save us from ourselves.

I'm Nick Henauer, founder of Civic Ventures.

I'm David Goldstein, Senior Fellow at Civic Ventures.

Hello, podcast listeners, we're back, me on a proper mic and Nick you from your secure location yes

indeed we're here this episode to answer questions your questions about the coronavirus pandemic and its economic impact.

So Annie, we got a lot of questions from listeners, I understand.

Yeah, we got a flood of questions. We got voicemails, we got

Instagram DMs. They're coming from all sides. Okay. Okay. You ready to go?

Absolutely. All right. So the first one is from email.

I just wanted to get your thoughts on the upcoming economic crisis and how bad it will be.

Personally, I think it will be much worse than 2008.

Given the title of your show, what do you think will happen?

Will the government and wealthy elite step in to help the rest of us, or will the pitchforks start

coming out because the current administration and majority of wealthy people couldn't

...