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#Recession
Equitable Growth
equitablegrowth
Today @uscensusbureau released the Household Pulse Survey for September 16th-28th. @AustinClemens2, @LipstickEcon, @Raksha_Kopparam and @CSanchezCumming analyze how the Coronavirus Recession is impacting economic security in 5 graphs. 1/6ht
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Daddy Stingray
DaddyStingray
I was just on the phone with a friend and I made a joke about how kids today wouldn't know weather existed. Then I told him about how there was
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Ben Eltham
beneltham
Thread: I've now had a close read of the NTEU proposal for a Job Protection Framework for universities. It's horrific that the Morrison govt has left universities in this spot.
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Nick Bunker
nick_bunker
Payrolls up 661k, U3 down to 7.9% People on temporary layoff down by 1.5 million to 4.6 million, permanent job loss unemployment up by 345k to 3.8 million Unemployment may
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Jackson- society is broken (Deflation truther)
JacksonStewal
Let me explain how I think we got here. We did some stupid things with the economy. Both parties.We had problems. Ninties bailed us out with great advances in technology.
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Michael R. Strain
MichaelRStrain
THREAD. For the economy to be in the same place it was in this time last year, tomorrow's GDP number will have to show that GDP grew at a 50
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Alex Epstein
AlexEpstein
Senator @KamalaHarris, you have said “There's no question I'm in favor of banning fracking." I want to give you the benefit of the doubt and assume the bubble you are
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Bill Ackman
BillAckman
I think the bond market is misreading the @federalreserve. This is likely due to Powell’s communication style and some wishful thinking on the part of investors. Inflation is out of
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Los Angeles Times
latimes
Nearly one in three renters in the U.S. failed to pay their April rent at the beginning of the month, a landlord industry group has warned(via @latimesopinion)https://www.latimes.com/opinion/story/2020-04-09/renter-bail-out-rent-forgiveness It’s not
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Jill Filipovic
JillFilipovic
This @AnnieLowrey piece is exactly what you need to read today on how Millennials are getting particularly screwed by the second major financial crisis of our lives.https://www.theatlantic.com/ideas/archive/2020/04/millennials-are-new-lost-generation
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Brad
ActuallyFinance
Been watching a version of @Jesse_Livermore's GTT strategy for 1-2 years. Mine looks at full set of indicators from http://philosophicaleconomics.com/2016/01/gtt/ , adds UE trend (http://philosophicaleconomics.com/2016/02/uetrend/) & nee
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Jed Kolko
JedKolko
Another way this time is different:This is a big-city recession. Payroll employment has fallen most in the largest metros since February.1/ Unemployment has risen most in the largest metros.The BLS
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Austin Channing Brown
austinchanning
I wish GenX and older millennials were given more space to talk about the impact of the recession on our lives. Wiped out savings, career paths diverted, homeownership delayed, debt
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Alex
JewishWonk
Yesterday on a @jdforward panel we talked about low membership at shuls among millenials and how we still think about institutional engagement in ways that made sense in earlier generations
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Michael Shellenberger
ShellenbergerMD
Do economic recessions increase the death rate?I had assumed so until I looked into itTurns out there is little evidence supporting a causal link, some evidence suggesting the opposite, and
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Jon Whiten
WhitenJon
Our new report estimates that states are facing revenue shortfalls that could top $500B - mostly concentrated in a single fiscal year (the next). The feds can and must do
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