One year later: Recession Ready and the coronavirus recession
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Proposals put forth can help support communities, stabilize the economy amid coronavirus recession One year ago, long before the risks of the new coronavirus and the ensuing recession enveloped our nation, the Washington Center for Equitable Growth, in partnership with The Hamilton Project, released…
Policy options for building resilient U.S. medical supply networks
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Overview U.S. policymakers in Congress across the political spectrum, from Sen. Marco Rubio (R-FL) to Rep. Elissa Slotkin (D-MI) to Sen. Bernie Sanders (I-VT), all agree that the United States is woefully underinvested in the resilience of our supply networks, especially for medical products.360 Thi…
Coronavirus recession: How to get the U.S. economy back on track
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Equitable Growth launches new lecture series with inaugural event featuring Claudia Sahm on the economic crisis Amid our nation’s health and economic crises, government officials must do more. They must use research and evidence-based polices to support people today and strengthen our economic futur…
Green stimulus, not dirty bailouts, is the smart investment strategy during the coronavirus recession
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Overview In March, the federal government passed the Coronavirus Aid, Relief, and Economic Security bill, more commonly known as the CARES Act. The law aims to provide relief for businesses and Americans struggling due to the coronavirus pandemic and the resulting economic recession. It also had the…
Data will provide accountability to ensure the U.S. economic recovery is shared broadly
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The U.S. economy is a long way from experiencing a recovery from the coronavirus recession. But the actions Congress takes now will determine just how deep the recession gets and how difficult it will be to pull back from the brink once the health threat has passed. So, it’s not too early to start t…
In Conversation with Trevon Logan
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Overview “Equitable Growth in Conversation” is a recurring series where we talk with economists and other academics to help us better understand whether and how economic inequality affects economic growth and stability. In this installment, Equitable Growth Senior Policy Advisor Liz Hipple talks wit…
For an equitable recovery, federal relief to deal with the coronavirus recession must be transparent to the U.S. public
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U.S. policymakers’ decisions are only as good as the data they have to inform them, and the public’s trust in institutions is only as good as the information available to them. That fact came into stark relief during the previous economic crisis. During the subprime mortgage collapse beginning in 20…
New working paper shows long-term U.S. economic and health benefits of the Supplemental Nutrition Assistance Program
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As job losses in the United States grow by the millions each week, the dramatic economic fallout from the coronavirus recession comes more and more into focus. Expansions to the Unemployment Insurance system and other economic aid programs have—for the moment—mitigated the most devastating consequen…
Coronavirus recession deepens U.S. job losses in April especially among low-wage workers and women
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The U.S. Bureau of Labor Statistics’ monthly Employment Situation Summary for April released today provides new data on the speed and magnitude with which the coronavirus recession is sending ripples through the U.S. labor market. The report shows that the economic shock is affecting every sector of…
Equitable Growth’s Jobs Day Graphs: April 2020 Report Edition
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On May 8th, the U.S. Bureau of Labor Statistics released new data on the U.S. labor market during the month of April. Below are five graphs compiled by Equitable Growth staff highlighting important trends in the data. 1. The employment rate for prime-age workers plummeted 10 percentage points, erasi…