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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

KENOSHA, Wis. – The city of Kenosha, Wisconsin, is taking stock of the damage left in the wake of unrest following the shooting of Jacob Blake. As President Donald Trump made his first visit to Kenosha since the shooting Tuesday, small businesses were beginning to tally up the losses.“You ain’t touching my dojo. That’s a fact,” taekwondo student Shelley Meyer said during a live-stream on Facebook as she stood guard outside her dojo.“I’m getting scared. I know I’m a military vet, but I am outnumbered here,” she said.That’s when a number of people confronted her.“They came across the street and then attacked the school,” said Meyer.She pleaded with the attackers before others stepped in.“Then another group of protesters surrounded me and built a human shield.”Today, the school is still standing.“She singlehandedly geared up and, you know, begged and pleaded in the face of people spitting and throwing stuff at her, protected our building,” said U.S. Taekwondo Academy owner Jon Kim. He says the damages are estimated in the tens of thousands.But down the block that night, another business was not so lucky.“The cars are just blowing up one by one,” Meyer said during her live stream.Like dominoes, the dealership’s cars detonated one tank at a time.Witnesses say the flames started in one car and quickly engulfed the entire lot. The owners estimate the losses in the millions.The inferno, which burned for hours, left more than 100 cars completely destroyed.For owners Sahil and Anmol Khindri, their American dream has turned into a nightmare.“We built this place up from the ground up. That office right there, as you can see, it's in ashes right now. It's done. It's gone,” said Anmol Khindri, co-owner of Car Source.Charred scraps, shattered glass and tires melted to the core are all that remain.“It's gonna cost us more money to remove this car off the lot than it's worth itself,” said Sahil Khindri.More than a week since the destruction, they’re still not sure how they will recover financially. A GoFundMe page has been set up. They’re hoping for some assistance though, it’s unclear whether their insurance will pay out at all.“We had nothing to do with it. And we were the ones who was getting penalized for this,” said Sahil Khindri.It’s a similar story up and down Kenosha’s business district.Boarded up storefronts are decorated with colorful messages of hope while masking the damage and loss.Back at the taekwondo academy, their judo coin symbol has been painted outside the boarded-up exterior. Kim says it’s a symbol of resilience."The more that we can rely on each other, hopefully, you know, as a community, we can stay protected." 2672

LA JOLLA (KGTV) - A car slammed into the wall of a fire station in La Jolla on Saturday night, narrowly missing firefighters.The crash happened around 7:30 p.m. at San Diego Fire-Rescue Department’s station 9 on Ardath Lane near Torrey Pines Road. The car veered off the road and crashed into the patio wall of the station, while crews were eating dinner, according to Battalion Chief Joseph Scuri. The car missed the firefighters by about 12 feet. No one was injured.Three people were in the car at the time, but were also not injured. A natural gas line to an outdoor barbeque was hit and severed. Firefighters quickly turned off the gas to the station. SDG&E came out and repaired it. 704

JAMUL, Calif. (KGTV) -- A man was arrested Tuesday morning after reportedly stabbing a San Diego County Sheriff’s Department K-9 and spraying deputies with bear spray. Deputies were called to the 15000 block of Skyline Truck Trail in Jamul around 10 a.m. Tuesday after receiving reports of a man walking around a vehicle talking to himself. When deputies arrived, they made contact with the man, identified as Richard Lechuga, 29, of San Diego, sitting in a vehicle. When deputies approached Lechuga, he reportedly sprayed three of them with bear spray through an open window. Deputies say Lechuga then brandished what appeared to be a knife and a handgun and stabbed a K-9 in the head and face. Deputies were able to take Lechuga into custody after using less-lethal shotgun rounds, pepper balls and a Taser. The K-9 was taken to a local veterinarian for treatment of non-life threatening injuries. The deputies were also treated on scene and Lechuga was taken to the hospital for treatment. Lechuga was arrested for felony assault with a deadly weapon on a peace officer, assaulting a police animal and resisting arrest. Anyone with information is asked to call Crime Stoppers at 888-580-8477. 1204

Joe Biden's campaign broke a single-hour fundraising record during Tuesday night's debate, according to top officials in his campaign.According to Vox and CBS News, the Biden campaign raised .8 million between 10 p.m. and 11 p.m. ET on Tuesday night — the final hour of the first presidential debate.According to Rob Flaherty, the digital director for the Biden campaign, that marked the best fundraising hour for Biden for President in its history. 459