Tag: unemployment
In the COVID-19 downturn, this blog has had a steady supply of stories and statistics about the damage being done to low-income and middle-class families. That’s one perspective on the pandemic. The growing billionaire class is another one. Since last March, the nation’s 660 billionaires have added more than $1 trillion to their wealth –…
The COVID-19 economy is really a tale of two worlds. The stock market and housing market have largely shrugged off the economic slowdown. But severe financial problems are brewing for millions of workers who have lost their jobs or are earning less in a lackluster economy. The assistance passed by Congress will certainly help. Still,…
