Tag: economy
Coronavirus could lead to the highest unemployment levels since the Great Depression
https://www.vox.com/future-perfect/2020/4/1/21201700/coronavirus-covid-19-unemployment-rate
Joe Biden Throws Support Behind Disastrous California Gig Economy Law
How Much Is $2.3 Trillion? More Than Even Obama Could Imagine
“There is no more politics of fiscal prudence in America, just a competition to see who can wag the biggest firehose. While the bodies begin to pile up in New York City and elsewhere, Washington has responded with a massive course of experimental economics.”
Fed breaks the bank in bid to rescue economy
“the Fed under Chair Jerome Powell, which has endured more than a year of abuse from President Donald Trump for not doing more to boost the economy, is now embarked on the quickest and most massive response to a crisis in its more than 100-year history.”
The coronavirus recession is already here
https://www.vox.com/policy-and-politics/2020/3/21/21188541/coronavirus-news-recession-economy-unemployment-stock-market-jobs-gdp
This South Carolina City Is Crushing Its Own Food Truck Economy
“Greenville, South Carolina, is hemorrhaging food trucks—despite city efforts to promote itself as a food-truck friendly locale. And overbearing regulations are to blame.”
Just How Good Is Trump’s Economy, Anyway?
No, Stimulus Spending Wouldn’t Be an Economic Vaccine Against the Coronavirus
“as doctors will tell you, administering vaccines to patients with weakened immune systems can be disastrous. Given the United States’ already perilous national debt and rising deficit, the White House and Congress should be cautious about spending additional money to avoid a coronavirus-caused recession—especially since the “vaccine” doesn’t seem like a sure bet.”
Understanding the wealth tax with Gabriel Zucman
https://www.nbcnews.com/think/opinion/understanding-wealth-tax-gabriel-zucman-podcast-transcript-ncna1115646