Women have lost their jobs at a steeper rate than men during the COVID-19 pandemic, which could reduce global gross domestic product (GDP) by up to $1 trillion, according to research. Here’s what companies could do to close the gender pay and equity gap. Here is a direct video link.
The pandemic has intensified rent burden on households across the nation. We spoke to an economist about what it means for the economy. Here is a direct video link.
Debt-funded government subsidies that further enrich ‘the haves’ are not economic stimulus but rather dead weight with a negative multiplier effect that reduces productivity and critical investment for years to come.
Billionaires, country clubs, private jet companies and Kanye West all received millions in government funding under the Paycheck Protection Program, according to the Small Business Administration.
The PPP loans and grants were part of the $2 trillion CARES Act, which President Donald Trump signed into law this spring. The loans were designed to help small businesses hurt by the coronavirus pandemic to retain or rehire employees. Yet according to a list of individuals and companies that received loans or grants of more than $150,000, recipients included large companies and billionaires that had access to other sources of capital and have recovered quickly from the pandemic.
Here is a direct video link.
