Getting back to the pre-pandemic economy

A new report from the Congressional Budget Office predicts gross domestic product could return to pre-pandemic levels as early as mid-2021. But, as one expert puts it, “GDP growth does not translate into equal growth of earnings and employment.” And the labor market will take much longer to get back to the low unemployment rates we had before the pandemic. On today’s show: Even if the numbers return to where they were before COVID-19, the economy is probably going to look a lot different. Plus, a look at China’s manufacturing rise and a California goat ranch hit hard by the pandemic and wildfire.