When I talked with @NickHanauer and @PitchforkEcon about my paper with @GaneshSitaraman, @AdamLevitin and @GDI_policy, it looked like Congress was headed home just as the expanded UI benefits were set to expire.

It's two weeks later, and there is still no plan in sight. 1/6 https://twitter.com/civicaction/status/1290799141518372864

We talked about how it didn't have to be this way.

Emergency response and disaster management professionals do not “wing it” every time there is a forest fire or a hurricane. They prepare in advance, developing policies and procedures so they can react swiftly. 2/6

Economic crises are emergencies too, and just like with a fire or a hurricane, many aspects of a response can be anticipated. We need a standing set of procedures and policies, written and debated in the light of day, that can be immediately activated when a crisis hits. 3/6

This is about getting $ out the door quickly to those who need it. But it also about preventing bailouts & other giveaways to corporate interests.

The political dynamics of "cliffs" (& ad hoc legislating generally), set us up to eat that stuff in exchange for what we need. 4/6

To hear more, check out our full discussion at https://megaphone.link/PCHEC3128026611 . 5/6

And read the full paper which includes a plan for restructuring publicly traded companies, keeping workers on the jobs, getting cash out the door quickly, and turning on programs (including housing assistance) at the start of a crisis. 6/6 https://greatdemocracyinitiative.org/document/no-more-bailouts/