Initial claims: a jolt of bad news, as Mitch McConnell and the GOP dawdle on an emergency benefit extension This morning’s report on initial and continuing claims, which give the most up-to-date snapshot of the continuing economic impacts of the coronavirus on employment, was a jolt of bad news, as claims increased by over 100,000 […]
Via Diana Ravitch’s blog on a Time magazine article What the U.S. Can Learn from 3 Countries About Reopening: TIME Magazine just published a story about school reopening in Denmark, South Korea, and Israel, with lessons for the U.S. Lesson #1 from Denmark: Get the virus under control before reopening schools. Unlike Denmark, the United States is bungling […]
Brad Setser on Offshoring Life Science Production and Transfer Pricing I just posted a discussion of an interesting proposal from Biden written by Alex Parker who mentioned some February 5, 2020 testimony from Brad Setser. The gist of this testimony was noted back in a March 26, 2019 blog post entitled When Tax Drives the Trade Data: […]
Selection by Ken Melvin The times they are a changing. And they are changing at pandemic speed. Five months ago is ancient history. Now is a but a fleeting interval. From now, the future. What will our world look like six months from now? What will it look like in three years? So much for […]
The 2020 Presidential election nowcast based on State polling: Trump support deteriorating even in red States For the past four weeks I have posted a projection of the Electoral College vote based solely on State rather than national polls (since after all that is how the College operates) that have been reported in the last […]
Paul Waldman asks the question I’ve been worrying about for a few weeks: Do Republicans even want to help the American economy through this crisis? . . . But McConnell knows what’s happening. He has surely looked around and realized that with the pandemic surging, there is simply no way the economy is going to […]
Truth Is The Daughter Of Time This is a frontispiece to a 1951 mystery novel by Josephine Tey (real name: Elizabeth Makintosh) named _The Daughter of Time_It is about the question of whether or not King Richard III ordered the murder of the “Little Princes in the Tower,” his nephews Edward and Richard, as has […]
(Dan here…a note for reality) Full liability release for businesses and hospitals It’s necessary, Mitch McConnell and his colleagues say, because of a “flood” of frivolous lawsuits crushing businesses and threatening economic recovery. So it’s important to say this clearly and out loud: there is no crisis of COVID-19 litigation. It’s made-up, it doesn’t exist, it’s […]
Robert Kuttner on public approval of Trump’s handing of the economy: As general support for Trump keeps sinking, there is one anomaly. According to this July 15 Wall Street Journal/NBC poll, which finds Biden leading Trump by 11 points, fully 54 percent of Americans approve of Trump’s handling of the economy. Really? That would be the corona […]
Important questions from my friend Paula W…….. ! Listen up world! Betsy DeVos, we have a few questions for you: • If a teacher tests positive for COVID-19 are they required to quarantine for 2-3 weeks? Is their sick leave covered, paid? • If that teacher has 5 classes a day with 30 students each, […]