COVID-19 recession

COVID-19 recession

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Monday numbers: A closer look at efforts to help NC renters and landlords during the pandemic

With the legislative session winding down, members of the Joint Legislative Commission on Governmental Operations turned their attention last week to how federal dollars have been flowing to help landlords and renters hard hit by the pandemic economy. While the state's Housing Opportunities Prevention Eviction (HOPE) program got off to a bumpy start, distribution of funds has improved significantly since the spring.

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Monday numbers: A closer look at the rapid and stunning growth of the super-rich

While the COVID-19 pandemic and the economic recession it spawned have taken a huge toll on low and middle-income people across the globe, most members of the very exclusive club frequently referred to as the “super-rich” have been doing just fine, thank you. In fact, a recent report prepared by veteran policy analyst Chuck Collins of the Institute for Policy Studies for the website Inequality.org, put it this way...

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Monday numbers: A closer look at the state of North Carolina’s economy, now and in the future

"We've gotten everything we lost back, plus a little more." Dr. John Connaughton, professor of financial economics at the University of North Carolina Charlotte, offered an upbeat outlook to state legislators last week.

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A flickering ray of hope for families in need

State rental assistance program stands poised to help thousands of tenants and landlords, but time is running short North Carolina has almost never ...
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Monday numbers: A closer look at NC’s deeply uneven economic recovery and an important tool for making it work better

There have been countless shortcomings in the responses of federal and state officials to the COVID-19 crisis over the past year and a half, but things have also improved dramatically since President Biden took office and here’s a very practical example:

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Monday numbers: A closer look at the state Senate’s deeply flawed “economic relief” proposal

Republicans in the state Senate recently advanced a rewrite of House Bill 334 – a bill which bears the nondescript title “JOBS Grants and Tax Relief.” The new version of the bill has been promoted by its proponents as an “economic relief” measure that will aid businesses still struggling in the wake of the COVID-19 recession and help further stimulate the state’s economy.

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COVID-19 Original Commentary Other Voices Top Story

NC must act with speed and transparency to distribute rental, utility relief

Last December, as North Carolina was hurtling toward an eviction tsunami, a diverse group of stakeholders met to brainstorm policy interventions. Thankfully, a crisis was temporally averted when Congress passed a second Covid-19 relief bill in late December that provided the states with $25 billion in rental assistance and extended the nationwide eviction moratorium.

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GOP says ‘no’ to state and local aid as Senate heads toward vote on COVID bill

WASHINGTON — As Democrats seek to send President Joe Biden their latest $1.9 trillion pandemic relief bill, federal lawmakers remain deeply divided on the question of whether state and local governments need another infusion of federal aid. Supporters of the bill — including numerous Republican mayors — say the answer is a clear “yes.”

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Top Story Weekly Briefing

On the economy, the Biden team shows the way

President’s economic advisor charts a course that NC leaders should mimic The dog days of the winter of 2021 are here. The pandemic continues to cast a dark and frightening pall over the nation as the death toll approaches a half-million and vast swaths of the population remain unemployed, uninsured, unvaccinated, and uncertain about how to pay for groceries and rent.

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