Economic Policy

Where is the Government Plan to Address Coronavirus Related Problems in Our Food Chain?

Where is the Government Plan to Address Coronavirus Related Problems in Our Food Chain?

Brief #71—Economics
By Rosalind Gottfried
It is hard to address the policy regarding the food chain since the biggest issue is the lack of policy.  On Friday, April 11, 2020 KQED (the public radio station in San Francisco) reported that there is a cruel irony in the fact that food banks are facing large increases in demand they are unable to meet while, at the same time, farmers are letting crops rot due to lack of buyers, transport, and workers.  Some farmers are just not harvesting their crops because the restaurants, schools and other sources they typically serve are closed. 

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COVID-19, Corona virus, recession, economic stimulus, recovery The Two Trillion Dollar Economic Relief Plan

COVID-19, Corona virus, recession, economic stimulus, recovery The Two Trillion Dollar Economic Relief Plan

Brief #70—Economics
By Rosalind Gottfried
When the partisan bickering resolved, the country was left with a relief package that reflected some of the Democrats’ modifications on an earlier Republican-backed proposal.  The bill, passed on Friday March 27th, includes help for taxpayers, small businesses, industry, student loan payments and a few other contingencies.  Basically, single taxpayers making up to $75K will get a one-time payment of $1200 while married couples will get relief if they earn less than $150K.

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Coronavirus and the Economy:  What a difference a week makes!

Coronavirus and the Economy: What a difference a week makes!

Brief #69—Economics
By Rosalind Gottfried
In the past week a potential economic slowdown has escalated to predictions of a recession with one article describing the economy as “all gone to hell.”  With many people adopting a social distancing approach and public events being canceled, repercussions have been felt across many industries and activities whereas previously it was hoped that these would be limited to industries directly impacted by the public health contagion. 

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