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economic-recovery

Elon Musk said during the Wall Street Journal’s CEO Council Summit on Monday that he supports the idea of getting rid of all government subsidies, specifically the ones laid out in the Biden Administration’s infrastructure bill.  “Just delete them all,” Musk said, per The Verge, citing concerns over increasing the country’s budget deficit. “We’ve spent so much […]

The Senate passed a $1.9 trillion COVID-19 economic relief package Saturday by a razor-thin voting margin of 50-49. The bill went through a few last-minute changes to get to the finish line, back to the House, and on President Joe Biden’s desk as early as next week. While a majority of Americans will still be receiving a […]

As the deaths of George Floyd, Breonna Taylor, Tony McDade, and countless others have sparked a global uprising against racial injustice, protesters have revisited another avenue to push the agenda—Black capitalism.  On July 7, 2020, #BlackoutDay2020 aims to unite Black people in economic solidarity through a campaign encouraging participants to support Black-owned businesses exclusively. Similar digital […]

The first-round of stimulus checks have found their way into Americans’ bank accounts, and while this would seem to be a good time for a social experiment to learn what crazy things people would do with free(ish) money, it turns out it’s actually much more dull (and practical) when played out in real-life. Early data […]