Through massive pandemic aid, the 2020 CARES Act ballooned the federal deficit. With spending far exceeding revenue, the difference was $2.8 trillion: Now, President-elect Biden has proposed a new $1.9 trillion relief package. It includes payments to Americans who…
How Covid-19 Changed Our Spending
There was an unusual spike in demand that began during March 2020. It signaled the beginning of the lockdown: Spirits had the largest gain. But that was not the whole story. Consumer Spending Changes More Our spending patterns changed during…
What the Unemployment Rate Hides
Seemingly evident through a monthly report that states the jobless rate and job losses or gains, real unemployment figures can be hidden.
Why the Same $600 Stimulus Check Is Really Different
Instead of per capita income, we can compare U.S. states’ standard of living and wind up with different results.
How the Pandemic Changed Six Kinds of Traffic
Looking at the six traffic changes that relate to the pandemic, we can see their current impact and wonder which ones will last.
Deciding What to Deposit In a Food Bank
Using command and the market as examples, economists showed food pantries how distributing food could become more efficient.
How the Pandemic Created a Turkey Problem
Because of the COVID-19 pandemic, the change in our Thanksgiving turkey demand has affected farmers, markets, and restaurants.
How the Pandemic Ended Peak TV
Before COVID-19, we thought that peak TV was a rising number as more original shows were written and produced but the industry has changed.
The Sticky Side of Sports Viewership
Although everyone expected a spike in sports viewership when games resumed, they were surprised by the fans’ response.