James Pethokoukis
@AEI DeWitt Wallace Fellow. @CNBC Contributor. @Jeopardy! champ. @TheWeek columnist. [email protected] columnist. @MedillSchool. @NorthwesternU. 🦅 🌎 🦄 🤖🚀
Last synced from Twitter 19m ago
Janet Yellen says second-quarter GDP could decline by 30% and unemployment is already at 12%-13%
The former Fed chair said the economy is in the throes of an "absolutely shocking" downturn that is not reflected yet in the current data.
Sweden a Leader in Classical Liberalism, says Daniel Klein
Sweden is tossed about in the American political debate, being used as example of both a socialist but democratic paradise and as a “politically correct” suffocating state. This past year Sweden – and certain Swedes - has attracted the attention in...
Longer-run Economic Consequences of Pandemics
James Pethokoukis
"Significant macroeconomic after-effects of the pandemics persist for about 40 years, with real rates of return substantially depressed."
"Longer-run Economic Consequences of Pandemics"
Ă’scar JordĂ , Sanjay R. Singh, Alan M. Taylor
New NBER Working Paper
13h
How Many Jobs Can be Done at Home?
James Pethokoukis
"Our classification implies that 34 percent of U.S. jobs can plausibly be performed at home."
How Many Jobs Can be Done at Home?
Jonathan I. Dingel, Brent Neiman
New NBER Working Paper
14h
Carl, 40, om biverkningarna av ”coronamedicinen”: ”Fick kramper”
I Sverige har flera sjukhus gett klorokin – malariamedicin – till coronapatienter. Men nu har medicinen stoppats efter rapporter om svåra biverkningar. En av de drabbade är Carl Sydenhag, 40. – Jag hade inget periferiseende och fick kramper, säger...
U.S. 'wasted' months before preparing for virus pandemic
WASHINGTON (AP) — As the first alarms sounded in early January that an outbreak of a novel coronavirus in China might ignite a global pandemic, the Trump administration squandered nearly two...
James Pethokoukis
"A review of federal purchasing contracts by The Associated Press shows federal agencies waited until mid-March to begin placing bulk orders of N95 respirator masks, mechanical ventilators and other equipment needed by front-line health care workers."
36h
Small Business Loan Program Makes Bumpy Start
Some of the nation’s biggest lenders say they weren’t yet able to process loan applications under the federal program, frustrating business owners struggling to stay afloat.
Bloomberg - Are you a robot?
6
James Pethokoukis
"There are signs that the death rate in Sweden is growing faster than elsewhere in Scandinavia, raising pressure on the government to abandon its controversial hands-off approach in tackling Covid-19."
59h
Subscribe to read | Financial Times
News, analysis and comment from the Financial Times, the worldĘĽs leading global business publication
James Pethokoukis
👍 | "Ms Pelosi, who represents a San Francisco in the House, pleaded for venture capital-backed companies to have access to the SBA loans, calling start-ups “the engine of America’s innovation economy”.
3d
Coronafeed
Latest headlines about the COVID-19 Coronavirus
James Pethokoukis
The terrible tale of the tape: Global: 1,015,466 cases and 53,190 deaths | US: 245,066 cases and 6,075 deaths
4d
Subscribe to read | Financial Times
News, analysis and comment from the Financial Times, the worldĘĽs leading global business publication
James Pethokoukis
How government incompetence and citizen distrust is literally killing us. Via @EdwardGLuce @FT
ft.com/content/0dcf6d… pic.twitter.com/HKR2mjdabX
4d
Updating CBO’s Economic Forecast to Account for the Pandemic | Congressional Budget Office
As a result of the continued disruption of commerce stemming from the coronavirus pandemic, CBO expects the unemployment rate to exceed 10 percent as gross domestic product declines during the second quarter.
Ro Khanna: 'This is not some large bailout for the startups'
Ro Khanna, in conversation with Protocol, says startups have to be included in the economic stimulus package to save jobs.
Coronavirus relief checks could reportedly take up to 5 months to arrive without direct deposit, according to a leaked memo
The earliest Americans with direct deposit could get their checks is April 13, according to Congressional memo obtained by NBC News.
Exclusive: Top U.S. banks may shun small-business rescue plan on liability worries - sources
Top U.S. banks have threatened to give the federal government's small-business rescue program a miss on concerns about taking on too much financial and legal risk, five people with direct knowledge of industry discussions told Reuters.
Banks warn of chaotic launch of small business lending program
They're concerned that the expectations the administration has publicly set are unrealistic.