Archive for the ‘New Posts’ Category

The 2018 Poverty, Income, and health coverage results: a tale of three forces.

September 10th, 2019

This morning, the Census Bureau released new data on health insurance coverage, poverty, and middle-class incomes. While the data are for last year, they shine an important light on key aspects of families’ living standards that we don’t get from the more up-to-date macro-indicators, like GDP and unemployment. As the economic recovery that began over… Read more

Recession Readiness and State UI Trust Funds

August 22nd, 2019

[My colleague Kathleen Bryant took the lead on this piece–JB] Given the recent dramatic spike in media coverage of our economic headwinds and recession readiness over the past week, we decided to take a closer look at the balance sheets of state unemployment insurance (UI) trust funds. While the Department of Labor (DOL) is responsible… Read more

A quick note on China’s devaluation

August 5th, 2019

Just back from ranting about this on CNBC so I’ll quickly share some thoughts on the news that the Chinese yuan broke 7/$, in a depreciation that threatens trade-war escalation. Bottom line: the trade war may be about to get worse, and that won’t be good for markets, consumers, and the global economy. It’s hard… Read more