Cut the crap about punitive cuts on social safety nets that everyone benefits from. Social security, healthcare, federally insurance for banks and deposits.
When you hit a period of surplus and wealth, you ratchet back government spending and jack up taxes…on the wealthiest, because they profit the most from a sound economy. Invest in infrastructure when you can.
When you hit recession/depression in economy, you have to increase government spending. Doesn’t really matter on what. Hence, Republican calls to cut budget like a checkbook are ignorant.
While we joke about economists not really practicing science, fact is, we do understand the economy. People just don’t want to believe that they are wrong about base visions of the world
If the rest of the world acted as a block and told OPEC they are finished and we are drawing down petrol usage so find another income…you might also find peace in the Middle East as a by product.
Breaking News: The head of the OPEC oil cartel told members to block any deal at the COP28 climate summit that would target fossil fuels.
In a letter, the secretary general of the oil cartel called on countries in the group to “reject any text or formula that targets energy.”
My wife and I had a discussion “who should go to the store?” We reasoned i should. So I would go, once a week early morning Wednesday, mask, gloves, alcohol wipes. Buy food. Put food in box on porch. She would wipe down food. I would disrobe and shower in basement like I had fallout on me. Madness.
We got a new dog after ours died of cancer during early pandemic. At one point, one son was in his room, another in kitchen, wife tutoring kindergarten in living room, and I was in basement. In a chairs meeting with provost my son yells down “dad, the dog crapped in the kitchen again.”
It is probably too soon for the history. But I still look for books about post-1918 pandemic and the impact it had. My great grandmother died in it. Grandpa never talked about it and I never knew to ask. I think people should likely record their experiences for posterity though.
I had just become department chair a few months earlier. madness. On one hand, pivot to online learning in a week. On other, plan for continuity of teaching if people get sick. And I was one who bought a ton of food in December. I went to store in march and there was nothing on the shelves…
Very good volume. Congrats to the editors on producing a great production.