Imagine you could wave a magic wand and double the incomes of the bottom 20 percent of Americans. Would you do it? I imagine your answer is yes.
Now, suppose that in order to increase the incomes of people at
How the Virus Transformed the Way Americans Spend Their Money
The coronavirus has profoundly altered daily life in America, ushering in sweeping upheavals to the U.S. economy. Among the most immediate effects of the crisis? Radical changes to how people spend their money.
In a matter of weeks, pillars of …
Trump’s approach to reopen economy leaves decisions to governors
US President Donald Trump gave governors a road map on Thursday for recovering from the economic pain of the coronavirus pandemic, laying out “a phased and deliberate approach” to restoring normal activity in places that have strong testing and are …
When is the right time to reopen the US economy? Our panelists’ verdict
The question of when and how to reopen the economy should not be up to economists (like me), but to epidemiologists and public health officials. At a time like this, the best public health policy is the best economic policy. …
Good news on coronavirus makes it harder for Trump to hold the line
President Donald Trump urged Americans eight days ago to brace for the “toughest week” of the coronavirus pandemic — but for Trump himself, the week ahead may well be tougher.
That’s because, even as the death toll keeps rising, so
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