economic

Winter 2020: The Great Fire

In early July, we released an exhaustive article on COVID-19 trends. It was meticulously researched, with dozens of subordinate links to data sources. In it, we cited our earlier prediction that, unless Americans were to act with unprecedented foresight and responsibility, we were looking at between one and six million deaths by the end of autumn. Our tracking gave us cause for cautious optimism.

Winter officially begins in one week, and the official COVID-19 death count just passed 300,000. Given the standard two to six week lag time in reports combined with a 3000+ person daily increase, the final numbers will be closer to 400,000 by that point. Advances in hospital treatment protocols combined with local lockdowns and responsible behavior in much of the country have prevented, at great cost, the loss of millions of American lives. Our optimism has proven justified.

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Raise The Minimum Wage — A Little

It’s time.  The wage hasn’t gone up since 2009, and a dollar is worth a lot less today.  $7.25 an hour in 2009 is $9.50 an hour adjusted for inflation, and add a quarter a year for a while just to stay even.

There’s people who couch their arguments in terms of a living wage.  Some talk of morality, of exploitation, of fairness.  There’s a big political movement out there supporting $15 and hour on these grounds; they’ve had some success in Seattle. (more…)