BONUS: Strategies for building a robust and equitable recovery from the next recession (with Connie Razza)

Pitchfork Economics with Nick Hanauer

Civic Ventures

Business, Government, News, Politics

4.8 • 1.5K Ratings

🗓️ 7 June 2019

⏱️ 23 minutes

🔗️ Recording | iTunes | RSS

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Summary

Zach speaks with Connie Razza, the author of ‘Break glass in case of emergency’, a strategy memo recently published by the Economic Policy Institute for winning a robust and just recovery from the next recession. Connie explains what policy proposals and political infrastructure will successfully orient our recovery from the next recession toward economic outcomes that reduce, rather than boost, wealth inequality around racial and gender lines. Connie M. Razza is the Chief of Campaigns and Policy at the Center for Popular Democracy, where she oversees CPD’s broad-ranging campaigns for economic justice and a robust, inclusive democracy, as well as the organization’s research efforts. Connie was previously Vice President of Policy and Research at Demos, and she has worked for economic and racial justice for nearly a quarter century as a union activist, organizer, researcher, policy analyst, and strategist. Twitter: @ConnieRazza https://www.epi.org/publication/break-glass-in-case-of-emergency-strategy-memo-for-winning-a-robust-and-just-recovery-from-the-next-recession/

Transcript

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0:00.0	Zach Silkier, President of Civic Ventures, and I'm here on our bonus episode to talk about the next recession.
0:09.0	And I'm going to be talking to Connie Raza, she is the Chief of Campaigns and Policy for the Center for Popular Democracy,
0:15.9	and she has written one of the most interesting memos on the coming recession and what progressives
0:21.3	should do to prepare.
0:23.0	It's actually called Break Glass in Case of Emergency,
0:26.0	a strategy memo for winning a robust and just recovery
0:29.0	from the next recession.
0:31.0	And it's an incredible piece of writing and really interesting and
0:34.7	she is one of the most interesting people we've had a chance to talk to you on the
0:37.3	pod so let's go to it and I thought I would ask right out of the gate is a recession
0:42.2	coming so I'm not a prognostic right out of the gate, is a recession coming?
0:42.8	So I'm not a prognosticator. I think there are a lot of economists who say that there are a lot of tensions in the economy that could lead to a recession,
0:56.4	but none of them are willing to put a timeline on it and none of them feel like it's tomorrow.
1:01.1	So we have time to prepare. Yeah, that's that's right. It reminds me that the
1:08.4	last time that we had a recession, which of course it was so big we called it the great one the
1:14.9	great recession we were pretty caught off guard would you agree with that our
1:19.8	team yeah I would I would absolutely And we sort of lost the narrative and then we lost the solutions, right?
1:27.6	Yeah. You know, I honestly, the thing that I loved most about what you wrote was about the narrative. I think sometimes in
1:36.3	policy circles we obsess about policy which is not a surprise, but that policy is really an extension of the stories we tell ourselves and we lost that fight
1:48.9	before it began because we had told ourselves these terrible stories about what was leading up to that recession
1:56.2	and thus what the solution should be. And you articulated that so extraordinarily well in what you wrote. Can you recap that a little bit for me?
2:06.8	Yeah, for sure. And I'd say like this draws on the work of Robert Schiller,
	...

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