Detailed look at the nation’s broken unemployment insurance system and ideas to fix it. https://www.vox.com/the-highlight/21430930/covid-unemployment-600-cares-act-the-great-rebuild
Important ideas on regulating the gig economy I Am the C.E.O. of Uber. Gig Workers Deserve Better. https://nyti.ms/3fD8GY0
Article illustrates the dammed if you, do, damned if you don’t aspect of lockdowns as well as the politics of pandemics. Modi stumbles: India’s deepening coronavirus crisis – https://on.ft.com/3g3Xc0G via @FT
Several issues to consider – 1) how much have loan modifications and forbearance artificially suppressed defaults and delinquencies, 2) how many jobs have been permanently lost due to downsizing and company BK, 3) how many jobs are vulnerable to the ebb and flow of reopening economy. The reopening economy jobs should be targeted by directly …
“France Imposed A 75% Tax On The Highest Incomes: It Didn’t Work And Here’s Why” by Peter Burns https://link.medium.com/RSemQvmDT7
Article neatly highlights the double poverty burden of Covid rules – poor working women who don’t can’t afford to hire childcare providers and children who disproportionately suffer from home schooling. The evidence shows that opening schools presenta relatively low risk. But when the voiceless disproportionately suffer who will listen? Boris Johnson telling the employer to …
Ridiculous how PE pumps debt into a company and only uses dry powder for new companies rather than supporting the companies they layered in debt. Private Equity Lands Billion-Dollar Backdoor Hospital Bailout [“https://www.bloomberg.com/news/features/2020-06-02/private-equity-lands-billion-dollar-backdoor-hospital-bailout”]
Number of missing vulnerable children soars as safeguarding is cut during pandemic One of the many adverse consequences of lockdown. https://www.theguardian.com/society/2020/jun/06/alarming-rise-in-cases-of-missing-children-following-safeguarding-cuts?CMP=Share_AndroidApp_WordPress
A perennial problem especially with public pension funds. https://www.forbes.com/sites/edwardsiedle/2020/05/24/state-pension-overseers-lack-investment-experiencewhat-could-possibly-go-wrong/#59f69e0127aa
The responses to Covid will be deemed a complete failure in at least one respect – the total lack of consideration of secondary impact of the lockdown. I rarely heard health pundits who advocated lockdown discuss thr secondary and tertiary costs. Long after it was clear hospital capacity wouldn’t be overwhelmed the public health experts …