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#Recession
Claudia Sahm
Claudia_Sahm
translation: jobless benefits that last longer in a recession give the unemployed time to find jobs that reward (and pay) them for their skills ... especially true for workers with
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Adam Ozimek
ModeledBehavior
Okay here's my jobs day take: do not get stuck in the expectations game! My thread... Total job gains came in a little above expectations, so the expectations game says
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Shai Akabas
ShaiAkabas
THREAD: This week, Social Security’s trustees projected that reserves in the retirement trust fund will deplete in 2034 & the disability fund in 2065. But the report didn’t look at
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Mark Jacob
MarkJacob16
Here’s how wrong you have to be to get a show on Fox. Larry Kudlow through the years, a thread ...Kudlow in 1993: “There is no question that President Clinton’s
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Arthur Delaney
ArthurDelaneyHP
In 2011. Florida Republicans lead by now-senator Rick Scott endeavored to create the worst, most unresponsive and least generous unemployment insurance system in the country. They succeeded.https://www.orlandosentinel.com/coronavirus/jobs-economy/os-
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Anne Helen Petersen
annehelen
Guess what neither candidate talked about tonight?? The way this recession is going to set women (and women of color in particular) back for decades to come:https://annehelen.substack.com/p/there-will-be-no-v-shaped-recovery In September, a
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Kevin Milligan
kevinmilligan
Paul Romer is a Nobel-winning economist. He advocates for moving toward a regime of wide-scale testing.We don't have the capacity to do this *today*.He argues we could have the capacity
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jack monroe
BootstrapCook
The last time the UK went into recession, the books were 'balanced*' on the shoulders of the poorest, the most vulnerable, the elderly, childrens centres, people with disabilities, women's refuges.
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Kayla Kitson
kaylakitson
A reminder from @JosephEStiglitz & @KittyRichardsDC: tax increases are better for the state's economy than spending cuts during a recession, especially when they are targeted to higher-income people. 1/https://www.nytimes.com/2020/0
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Jason Furman
jasonfurman
It is essential that future COVID legislation include triggers that extend whatever assistance is needed as long as is necessary—and work to help ameliorate future recessions as well.Four reasons why:
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Morgan Romero TV
MorganRomeroTV
Erickson: “Like many other departments we were not ready for the unprecedented workload.” Historic job losses grew at “astounding” rates & come after record low unemployment. OR hit high of
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Alison Berg
alison__berg
I’m seeing a lot of “be positive” stuff and yes, that is important to try and remain positive, but also we’re in the midst of a global pandemic and heading
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Hoploo
hoploo1
“Gee, why are people so depressed?”-State subsidization of single motherhood & promiscuity-Police state breeding mistrust in communities-Drug war trapping people in legal industrial complex-Political parties fostering cultural rivalries to get
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Greg Ip
greg_ip
1/ Lockdowns were a blunt & indiscriminate tool that slowed infections, but with no clear strategy for what came afterwards. We know enough now about how to bring down infections
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Khanoisseur 🐶🤦🏻♂️🌎
Khanoisseur
US deaths:H1N1 (began in North America): 13,000COVID-19: 80,000+ (could top 200,000)US unemployment rate:9-10% during H1N1 (due to Bush-era recession)Went from 3.5% to 14.7% (20% projected) during COVID-19Most US coronavirus cases
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Comrade Fudge
HNIJohnMiller
1) Trump recognies the terrifying fact about our economy few will acknowledge or even accept, and which I guarantee more than a few of you will try to shout me
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