Notices tagged with econusa
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US #CensusBureau "Pulse" survey:
* 55.0% of US !smallbiz did not furlough or lay off any paid employees after 2020-03-13
* 44.5% have experienced a moderate negative effect from the #COVID-19 pandemic
* 43.9% believe that more than 6 months will pass before business returns to normal
* 48.2% of US retail trade businesses experienced domestic supplier delays in the past week.
!econusa
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https://www.nytimes.com/2020/06/17/upshot/coronavirus-spending-rich-poor.html [www nytimes com]
Richest Americans cut spending the most, causing a trickle-down meltdown that hurt the working poor.
#COVID-19 | #2019-nCoV | #SARS-CoV-2 | #coronavirus | !econusa
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https://nu.federati.net/url/270673
#Census data shows impact of #COVID-19 and shutdowns on #Smallbiz. !econusa
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!econusa Economic recovery may be slowed if #COVID-19 measures implemented unevenly. https://nu.federati.net/url/270574 [www marketwatch com]
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2.5 million jobs added in May, #unemployment rate falls. https://nu.federati.net/url/270260 [www wgrz com]
This was contrary to what most economists expected. !econusa
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California retailers to be allowed to reopen https://abc7.com/business/california-to-allow-shopping-at-retail-stores-to-resume/6210809/ [abc7 com]
#COVID-19 | #2019-nCoV | #SARS-CoV-2 | #coronavirus disease 2019
!econusa
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Okay, that was definitely worth reading. Adding the !econusa bangtag, so anyone interested in the US economy (group members) can see it.
https://themargins.substack.com/p/doordash-and-pizza-arbitrage
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https://nu.federati.net/url/268804 [www irishexaminer com]
The pandemic and its related economic crisis could spur a new direction in governance.
#COVID-19 | #2019-nCoV | #SARS-CoV-2 #coronavirus disease 2019 !econusa
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https://en.wikipedia.org/wiki/Smoot%E2%80%93Hawley_Tariff_Act !econusa
The Smoot-Hawley Tariff Act of 1930 is widely believed to have worsened and lengthened the Great Depression.
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Economy: The #twin_parties' leadership stalls effort to replenish #COVID-19 related !smallbiz relief funds. !econusa
https://nu.federati.net/url/267761 [news yahoo com]
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https://nu.federati.net/url/267522
!econusa
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@bthall@bikeshed.party sent me this: https://nitter.net/DorsaAmir/status/1246077693889851392#m !econusa
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Economic rationale for strong action against #COVID-19 https://www.statnews.com/2020/03/18/economic-rationale-strong-action-now-against-coronavirus/ [www statnews com]
#EconUSA #2019-nCoV #SARS-CoV-2 #coronavirus
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Interesting figures on tax avoidance and its cost to our government & society. https://qoto.org/@freemo/103847952481183612
I have not attempted to verify any figures.
!econusa
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http://status.hackerposse.com/url/20459 [www msn com] President Trump and Congress working on another Paid Sick Leave bill for the #COVID-19 / #2019-nCoV / #SARS-CoV-2 #coronavirus outbreak ... this one sounds like it may pass. But it doesn't require large companies (the ones with the most resources) to match the requirements it places on smaller and medium size businesses. (Ta…
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5:15 pm: Fed cuts rates to zero and launches a massive $700 billion quantitative easing program The Federal Reserve, saying "the coronavirus outbreak has harmed communities and disrupted economic activity in many countries, including the United States," cut interest rates to near-zero on Sunday and launched a massive $700 billion quantitative easing program to shelter the econo…
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https://www.politico.com/story/2018/12/03/this-day-in-politics-december-3-1027800 [politico] The breakup of Standard Oil was an event of historic national significance. I wish today's #pollies would grapple with big corporations and their lawyers and lobbyists to bust up some monopolies, oligopolies, monopsonies, oligopsonies. I think the US economy would benefit. !econusa
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@1iceloops123 > i don’t want to work for money either Working in order to take care of yourself and supply the things you need is a good thing. Economists tell us that people’s wants are unlimited, but the resources to fulfill those wants are not. The issues in the US are mostly related to pay scales not keeping up with living costs. In 1980, minimum wage was around $3/h…
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WaPo: "... no president since World War II has lost reelection when unemployment was below 7.4 percent." https://nu.federati.net/url/254352 [washington post]
Is that really true? I haven't checked yet. I realize that wallet issues are life issues, but I'd expect other major issues to occasionally outweigh the economy.
!econusa #politics #federal_reserve #trade_war #tariffs
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Study: #Los_Angeles area rents rose an average of 65% in 10 years, vs 36% nationwide. https://nu.federati.net/url/254345 [abc7 . com]
And that, my friends, is why this is not such a great place to live any more. The golden state #California is corroding faster than an imported wedding ring.
!econusa !SoCal #housing #real_estate #CA
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