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By / 4.20.2020

Here’s a good rule of thumb: The companies or industries that actively expand during a recession often become the leaders in the recovery that follows. For example, housing starts actually rose in the 2001 recession, foreshadowing the coming housing boom.  The financial crisis of 2008-09 was also marked by the early years of the Apple […]

By / 4.17.2020

The United States Postal Service (USPS), like many other businesses right now, is in dire straits. Solicitation mailer volume, a major revenue source for the USPS, has dried up as businesses remain shut down. On Thursday, the Postmaster General Megan J. Brennan informed Congress that the nation’s mail service would need $89 billion or else […]

By / 4.17.2020

We’re used to thinking of testing as a public health function. But there’s growing support for workplace-based testing for COVID-19 infections as a first step towards getting the economy restarted again. Scott Gottlieb, former head of the FDA, wrote a op-ed for the Wall Street Journal where he argued that As employees return to work, perhaps as […]

By / 4.14.2020

Lawmakers are gearing up to funnel more money into the new Paycheck Protection Program, which makes loans to small businesses to cover payroll and expenses during the Coronavirus pandemic. The program has been flooded by applications, with one bank seeing more than 85,000 customers apply for $22.2 billion on the first day. Small businesses are a key component of […]

By / 4.10.2020

No sooner had Michigan closed its public schools than the state Department of Education announced that no distance learning time would count toward the required 180 days of instruction. When met with a storm of criticism from district and school leaders, parents, students, and the governor, the department blamed state law. Meanwhile Pennsylvania’s Department of Education encouraged […]

By / 4.9.2020

As of Thursday, April 9, Treasury and the Federal Reserve are finally starting to set set up the facilities need to use the $500 billion in funds for “severely distressed sectors” contained in the $2.2 trillion CARES relief act. The money has to be allocated by December 31, 2020. In this initial round, the Fed […]

By / 4.5.2020

For many of us, the coronavirus calamity is a humbling reminder of all we don’t know and can’t control. But for the ax-grinders, hobby-horse riders and zealous partisans among us, it’s just another opportunity to advance pet causes. So from certain right-wing politicians and propagandists, we get the lunatic theory that the pandemic is a Democratic or […]