April 26, 2020

Some states have begun the reopening process. Politicians and public health experts are sparring over when and how to allow businesses to reopen and Americans to emerge from their homes. Leave it to say, it's complicated.

Meanwhile, the Congressional Budget Office said...

April 19, 2020

It took only four weeks for the U.S. economy to wipe out nearly all the job gains in the last 11 years. The new jobless filings last week bring the crisis total to just over 22 million, nearly wiping out all the job gains since the Great Recession.

Our Original Sin?


April 12, 2020

Our Pearl Harbor

There is no way to sugarcoat what has happened to us. The U.S. surgeon general  warned Americans to brace for "our Pearl Harbor moment," a surging death toll from the coronavirus.

“It’s going to be the hardest moment for many Americans in their entire li...

April 5, 2020

Proof is in Action

As consumers cut back on spending in response to the crisis before us, state and local governments will likely face their steepest sales tax decline ever.

I think we're looking at an unprecedented time for state and local budgets, and I predict that so...

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