A UCLA economist says it will take until early 2023 to restore the US economy and will need 'all the king's horses and all the king's men'
Business Insider -


A senior economist at the University of California Los Angeles predicted the US economy's gross domestic product will shrink by 42% in second-quarter-2020, before recovering in early 2023.

"It will take time for all the king's horses and all the king's men to put the economy back together again,"  David Shulman wrote in UCLA's June 2020 economic outlook report.

Among other key projections, UCLA anticipates that employment in the US won't recover until well past 2022, and...

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