Tax cuts for rich people breed inequality without providing much of a boon to anyone else, according to a study of the advanced world that could add to the case for the wealthy to bear more of the cost of the coronavirus pandemic.
More than 26 million workers—15.5% of the workforce—are being directly hurt by the coronavirus downturn
Retailers, police departments and loss prevention researchers are reporting an uptick in theft of necessities like food and hygiene products
Two new studies show the effect of the emergency $2 trillion package known as the Cares Act and what happened when the money ran out.
The CDC is now citing stable housing as a vital tool to control the coronavirus, which has killed more than 200,000 Americans. Home is where people isolate themselves to avoid transmitting the virus or becoming infected. When local governments issue stay-at-home orders in the name of public health, they presume that residents have a home. For people who have the virus, home is often where they recover from COVID-19’s fever, chills and dry cough — in lieu of, or after a hospital stay.
“The latest World Bank Group projections suggest that the COVID-19 pandemic and the associated economic crisis could push between 71 and 100 million people into extreme poverty. “
Neighborhood income and other structural factors have significant impacts on whether an individual in the area has been infected with or died from COVID-19, a new national study finds.
“The novel coronavirus pandemic has wreaked havoc on the global economy, upending entire industries and leaving scores of people around the world without work, child care and — in many places — enough food on their tables.”
“If we can’t keep the lights on because things have seized up, it’s not good for anybody. It’s not good for the customer; it’s not good for the company; it’s not good for the economy.”
