#Recession

Mark Moss

1MarkMoss

0/10 - The real economy is in a DEEP recession. Real GDP could drop by as much as 30%. And consumer spending won't be returning to where it was in

Meanwhile in Canada

MeanwhileinCana

A random celebrity in England died today. Best wishes to his family. Quotes from the celebrity:“Everybody was saying we must have more leisure. Now they are complaining they are unemployed”

Joe Lockhart

joelockhart

Welcome to today's edition of the White House Daily Shadow briefing thread. With @PressSec out of commission, it's our duty to surface the questions of the day and give you

☭☭☭Proletarianism☭☭☭

DerBolshevik

Dear India, this is no simple recession, it's a full blown meltdown. My simple two cents on some must dos at this time... 1. If you are salaried in the

nxthompson

nxthompson

My daily coronavirus thread... Mass testing capacity will be necessary for us to emerge from lockdown. So, yes, we need tests that can be performed in airports, clinics, and perhaps

Kevin Prindiville

kprindiville1

"No one expected good news when Gov. Gavin Newsom announced the May Revision of the California budget...However, we never predicted the biggest blow would go to California’s older adults." Revised

Nathan Tankus

NathanTankus

Great piece from @DavidVonDrehle"Forced social distancing should give even the busiest academic economists some time to bone up on MMT. It’s not quite the cartoon money machine it has been

Eliezer Yudkowsky

ESYudkowsky

What do we early-warning cognoscenti now know about Covid-19 that others haven't currently figured out? What's the TOC of that blog post? @WilliamAEden @robinhanson My stab at a TOC:1: The

Heidi Shierholz

hshierholz

There are certainly a lot of anecdotal reports right now of employers not being able to find the workers they need, particularly in restaurants. But unemployment is still very elevated—particularly

UxbEconomist

UxbEconomist07

Headlines here reveal big issue that this ‘wet Tory Govt’ refuses to face. Ppl do not want to travel on public transport. If we had pro car policies lots of

ia maybe

yiiiiiikesss

Why baby hope is the worst written character in tvdu, a thread : First of all, she had no purpose. She couldn’t talk, walk, participate in a plan, or contribute

Bebo the III

BebopOtt

This is a bad idea and I’m going to explain why I’m way too much detailGET READY https://twitter.com/chicagotribune/status/1265076598476288001 In 2009, Rahm was Obama’s Chief of StaffDems just won control of

Arinola Ifeoma Awokoya- Boli means peace of mind

iyaboawokoya

1. Hello tweeps. There are some conversations we should be having around the economy with the effect of COVID-19 on oil prices. This is not a Government problem but a

🏳️‍🌈Ms. Marya E. Gates 🦩

oldfilmsflicker

growing up my dad watched CNN every night and we always had Time Magazine in the house. not the most radical media, but pretty decent and I think a big

Rebecca McDonald

R_McDonald_

New paper out from @r_earwaker and I on (1) why keeping the £20 uplift in UC is good economics, and (2) why social security should be recognised more as an

Captain Awkward

CAwkward

When my brothers and I were old enough to be at home all summer without a babysitter while my parents were working, my dad would come home every day at