Category Archives: Economy

Mutated by COVID, Unemployment Insurance Unsustainable

Posted on April 29, 2020 by Stephen D. Haner

America’s and Virginia’s unemployment insurance program – born of the Great Depression and the Social Security Act of 1935 – may be another casualty of the COVID-19 pandemic. The virus has mutated unemployment insurance into a form not financially sustainable. … Continue reading →

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Is US Economy Headed Toward a Depression? No, but a Recession is Likely

Posted on April 15, 2020 by Christine Chmura

With so much uncertainty surrounding the COVID-19 crisis, it is difficult to predict how the economy will fair for the remainder of the year. Many economists have been looking for a drop in real gross domestic product — the monetary … Continue reading →

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This is the Green New Deal Economy. Enjoy

Posted on March 31, 2020 by Stephen D. Haner

If all else fails in achieving your green energy dreams, you can always hope for a depression. In Italy, the COVID-19 depression has already dropped electricity demand by about 18-21%, as reported recently by Utility Dive. The regional transmission organizations … Continue reading →

Posted in Economy, Environment | 2 Comments

Attorney General Ramps Up To Hunt for Corporate Bias

Posted on March 4, 2020 by Stephen D. Haner

One intrusive employment law change opposed by business groups was finally watered down in the late stages of the 2020 Virginia General Assembly, but others are passing and will be actively enforced by a phalanx of new state investigators and … Continue reading →

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Political polls, like economic forecasts, can vary greatly depending on assumptions

Posted on March 4, 2020 by Christine Chmura

Predicting economic growth and the outcome of elections have something in common: Both rely on assumptions. We economists make assumptions about when and by how much the Federal Reserve will increase interest rates or whether the coronavirus will lead to … Continue reading →

Posted in Economy, Politics | Comments Off on Political polls, like economic forecasts, can vary greatly depending on assumptions