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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 McKay drove the school bus along gridlocked, dark roads as pockets of fire burned all around. Nearly two dozen elementary school children were on board with him.Smoke began to fill the bus, so McKay took off a shirt. He and two teachers on the bus tore it into pieces and doused them with water. The children held the damp pieces of cloth to their mouths and breathed through them.He had only been on the job, driving the bus for Ponderosa Elementary School in the northern California city of Paradise, for a few months. Now, McKay was ferrying the 22 stranded children to safety as the Camp Fire scorched everything in its path. It would take five harrowing hours for them to reach safety.The fire had broken out early on the morning of November 8, around 6:30 a.m., forcing many to evacuate Butte County.McKay, 41, grew concerned early on. He had seen wildfires before, he said. "But the fact that it was coming down in 1,000 places, it was unheard of," McKay told CNN in an interview Sunday in a park in Chico, a city southwest of Paradise.He saw flames approach the school in both directions.His son, mom and girlfriend had already evacuated to a hotel in Chico that morning. "That freed me up to focus completely on this terrifying situation," McKay said.Family members of most other students had already picked up their children.But nearly two dozen students were stranded because their family members hadn't made it to the school. McKay discussed evacuating the students with Ponderosa's principal. 1519

Just got off phone with @realDonaldTrump who has approved our Major Disaster Declaration request.Grateful for his quick response. https://t.co/rF7VFqSENl— Gavin Newsom (@GavinNewsom) October 16, 2020 213

LA JOLLA (CNS) - Two passengers riding in a speeding car died today when the vehicle hit a palm tree on Girard Avenue, police said.The crash happened at 3:16 a.m. when the driver of a Nissan Altima was speeding westbound on 1000 Torrey Pines Road, said Officer Dino Delimitros of the San Diego Police Department.The 26-year-old man driving the Altima made a left turn onto 7500 Girard Ave., lost control of the vehicle and crashed into a palm tree, the officer said.Two male passengers, ages 19 and 21, received major injuries and died at the scene, Delimitros said.The injured driver was taken to a hospital and will be held on suspicion of driving under the influence, the officer said. 696

KFC is running out of ... chicken?The fast food chain has been forced to temporarily close hundreds of restaurants in the United Kingdom after a logistics snafu stopped chicken deliveries.About 800 of the company's roughly 900 locations in Britain were closed as of midday on Monday. Some had opened for business by the afternoon, according to the company's website.KFC, which is owned by Taco Bell and Pizza Hut parent Yum!, said the chicken shortage had been caused by a "couple of teething problems" with its new delivery partner, DHL."We won't compromise on quality, so no deliveries has meant some of our restaurants are closed, and others are operating a limited menu, or shortened hours," KFC said in a statement.DHL acknowledged that a number of its deliveries had been "incomplete or delayed" because of "operational issues." The logistics company said it was working with KFC to solve the problem.KFC switched suppliers from Bidvest Logistics to DHL last Wednesday. Bidvest said that from its perspective, the transition had been "seamless."Franchisees operate 95% of KFC's outlets in the U.K. The company said in a statement that it would pay its staff as normal, and it was encouraging franchisees to do the same.KFC said it is too early to say how long it would take to restore normal service.Related: KFC promises to ditch antibiotic-laden chickenBritain is KFC's largest market in Europe, and one of its top five globally.KFC fans were not happy -- and many used social media to complain and express amusement over a chicken restaurant running out of its signature product.The-CNN-Wire? & ? 2018 Cable News Network, Inc., a Time Warner Company. All rights reserved. 1692