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Just weeks away from the New Year, economists and other experts are reflecting on the trajectory of our economic recovery. At the start of the pandemic, nine months ago, most experts were optimistic and agreed that the U.S. had a strong shot at seeing a fast V-shaped recovery.“We can turn this around this year. I still think there’s real hope for that,” Todd McCracken, with the Small Business Association, said in March.Even with some required government shutdowns, most experts believed the U.S. would most likely see a U-shaped recovery. That means things would pick up a little slower, but it would still be considered a relatively fast rebound.“There was also the L, which meant we were going to go down to the bottom and no one knew where we were going to go, and then there was the W, which meant we were going to go down and then we were going to come up, and actually, that is pretty much what is happening,” said Jonathan Drapkin, president and CEO of the Hudson Valley Pattern for Progress.Drapkin pointed out the other and more dreaded “W” or “L” scenarios experts feared back in March appear to be more in line with what the U.S. is actually experiencing now.“It’s definitely more of an L, said Elise Gould, an economist with the Economic Policy Institute.“Personally, I think any hope for a quick recovery has gone by the wayside. Over the last few months, we have actually seen the recovery slow. So, last month, we saw that we had a gain of 245,000 jobs, much lower than a month before that, lower than a month before that. And so, at this rate, we could be years away from a full recovery.”According to Bankrate senior economist Mark Hamrick, we could also be seeing both a swift recovery and a worsening one, simultaneously.“My sense for many months now has been that this has been a so-called K-shape recovery,” said Hamrick. “Why do we call it a K? Essentially, we have one leg moving up and the other moving down [and] that is indicative of this have and have-not economy.”Hamrick supported that idea and recovery trajectory by pointing out that unemployment levels for higher-income workers are back to pre-recession levels, while lower-income workers are still struggling with elevated levels of unemployment“My concern is that people who have been hurt by this economic downturn are not going to heal from this quickly,” explained Hamrick.However, while experts seem conflicted over what economic recovery pattern we are actually seeing now, all of them agree on one thing: the most successful way out of the alphabet soup of economic recovery paths and to normalcy is with a discovered vaccine and wide distribution of it.“The other thing that can truly help in the short-term is a stimulus package out of Washington,” added Drapkin. 2768

Kevin Hart is stepping down from hosting the Oscars after homophobic tweets surfaced on Thursday.The tweets, between 2009 and 2011, included derogatory language referring to gay people and made disparaging comments about sexuality. Some of the tweets have since been deleted."I have made the choice to step down from hosting this year's Oscar's," Hart said via Twitter. "This is because I do not want to be a distraction on a night that should be celebrated by so many amazing talented artists. I sincerely apologize to the LGBTQ community for my insensitive words from my past. I'm sorry that I hurt people... I am evolving and want to continue to do so. My goal is to bring people together not tear us apart. Much love & appreciation to the Academy. I hope we can meet again."Hart announced on his official Instagram page that he would host the Academy Awards for the first time in the coming year. 912

JACUMBA HOT SPRINGS, Calif. (KGTV) - Sheriff’s Deputies and members of the Sexual Assault Felony Enforcement Task Force notified residents of Jacumba Hot Springs and Boulevard Thursday about the placement of a sexually violent predator. Law enforcement officers went door to door in the East San Diego County communities to make neighbors aware that Alan Earl James will be placed into the area on or before April 25. James is scheduled to move to 45612 Old Highway 80 after he is released from Department of State Hospitals Coalinga, sheriff’s officials said in a news release. RELATED: Sex crime survivors protest release of Alan Earl JamesOfficials said James has felony convictions from the early 1980s for kidnapping, sexual battery, rape by force, and lewd and lascivious acts against children under 14 years old. The victims were primarily girls, but boys were also preyed upon, officials said. Some of James’ victims argued against his release. “He will re-offend if he gets out. He did it once before. They gave him a slap on the wrist for raping me, and when he got out, he raped two other girls,” Robert Nabors told 10News at a previous hearing.RELATED: San Diego County Supervisor asks state to look into placement of sexually violent predatorsCounty Supervisor Dianne Jacob opposed James’ placement in her community, citing a high number of sexual predators who live in her district. 1404

KENOSHA — In his first time speaking publicly since his arrest, Kyle Rittenhouse told the Washington Post that he "would have died that night" if he hadn't brought a gun to a Kenosha protest where law enforcement officials say he shot and killed two men.Unrest broke out in Kenosha following the Aug. 23 police shooting of Jacob Blake. Police said Rittenhouse, 17, is charged with the homicides of two men during the night of Aug. 25. FILE - In this Tuesday, Aug. 25, 2020, file photo, Kyle Rittenhouse carries a weapon as he walks along Sheridan Road in Kenosha, Wis., during a night of unrest following the weekend police shooting of Jacob Blake. Rittenhouse's defense team has called him a member of a militia. Rittenhouse is accused of killing two people and seriously wounding a third.(Adam Rogan/The Journal Times via AP, File) Rittenhouse had told police that he and another friend were "hired" to provide security for businesses during the unrest. Later that evening, police said Rittenhouse allegedly shot and killed two of the protesters. Rittenhouse was charged with first-degree intentional homicide and first-degree reckless homicide for the shooting deaths of Anthony Huber and Joseph Rosenbaum. He was also charged with shooting and injuring a third man, Gaige Grosskreutz, in the arm.In an interview with the Post, Rittenhouse said he did not regret having a gun that night, stating that he "had to protect" himself and "would have died that night" if he hadn't.The Post reported that one of his sisters said that Rittenhouse supported peaceful protests, but called "rioters" in Kenosha "monsters."Rittenhouse told the Post that he used his stimulus check for money to give to his friend Dominick Black in order to purchase the rifle used on Aug. 25. Rittenhouse was not old enough to purchase the gun himself. Dominick Black Black, who is currently facing charges for giving the gun to Rittenhouse, kept the gun at his father's house in Kenosha. On the evening of Aug. 25, Black alleged that Rittenhouse took the rifle from the house and went with him into Kenosha to "protect businesses" during the unrest.Rittenhouse went back to Antioch after the deadly shooting but was extradited to Kenosha on Oct. 30, where he is currently being held on a million bond.To watch or read the full Washington Post story, click here.This story originally reported on TMJ4.com. 2422

Jimmy John's says multiple employees have been fired after a video circulated on social media that showed employees laughing while they made a noose out of bread dough.According to WSB-TV in Atlanta, the incident took place at a restaurant located in Woodstock, Georgia. The video, which was initially posted to Snapchat but later circulated on Twitter, shows an employee draping the noose over another employee's head and then pretending to yank it.The person who posted the clip to Snapchat included a "Happy Fourth of July" filter on the video, indicating that the incident took place over the weekend. According to WAGA-TV in Atlanta, the location's Yelp page quickly filled up with negative comments. Others threatened to boycott the restaurant.In response to a tweet that included the video, Jimmy John's said that the employees had been "terminated.""The actions seen in this video are completely unacceptable and do not represent the Jimmy John's brand," the restaurant chain said. 997

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