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Heather Boushey Profile picture
@HBoushey
Apr 1, 2020 • 3 tweets • 2 min read • Read on X
A5: To effectively respond to the #coronavirus recession, U.S. policymakers must keep income flowing and pause expenses for individuals and businesses, ensuring they are ready to get back to work once the health crisis passes. #JobEquityCOVID 1/
But responding to the crisis without also making our economy more resilient against future shocks would be a mistake.

We need to address the underlying fragilities caused by economic inequality and disparate access to quality jobs. medium.com/@heatherboushe… #JobEquityCOVID 2/
In this moment, we need permanent, inequality-fighting policy changes that improve the country’s safety net and work supports, and that enhance automatic fiscal stabilizers. equitablegrowth.org/u-s-economic-p… #JobEquityCOVID #RecessionReady /n

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More from @HBoushey

Heather Boushey Profile picture
Nov 17, 2020
I talked to @kairyssdal @Marketplace about misplaced concern over #austerity—and why handwringing about deficits now will prolong the economic suffering of millions of Americans.

Now is not the time to pull back on spending.
marketplace.org/2020/11/16/wha…

A thread.
The risk of doing too little to support families & businesses will far outweigh the risk of doing too much

We need to continue to pump money into the economy if we are going to avoid a coronavirus recession that makes the Great Recession a fond memory heatherboushey.medium.com/beware-of-aust… 2/
The premature pullback in government support during the Great Recession is why it took a full decade to return to pre-crisis unemployment rates.

As the past decade has shown, austerity was not the answer then, and it surely is not now.
epi.org/publication/wh… 3/
Read 7 tweets
Heather Boushey Profile picture
Nov 15, 2020
Mulling this article over this morning: nytimes.com/2020/11/14/bus… A thread ...
Our economy is in trouble. Why? The virus has roared back. With COVID-19 cases again overwhelming hospitals, leaders across the country are, for the sake of us all, limiting large gatherings and activities that cause the disease to spread – like indoor dining. 1/8
The fact that the United States has failed to contain the virus means that millions of esp small biz & workers will (again) see their incomes fall & livelihoods potentially destroyed. Congress must put together a robust relief plan to support communities through this crisis. 2/8
Read 9 tweets
Heather Boushey Profile picture
Oct 2, 2020
New employment data -- some quick reactions ... 1/n
From the BLS Commissioner's Report: "Employment in public- and private-sector education declined in September [relative to August]. In the public sector, employment in education fell by 49,000 in state government and by 231,000 in local government." bls.gov/news.release/j…
Ah ... I should start w/the headline: The economy added 661,000 jobs in September, and the unemployment rate fell to 7.9 percent. We are still down 10.7 million jobs relative to February, before the pandemic hit the USA. 3/n
Read 8 tweets
Heather Boushey Profile picture
Aug 30, 2020
I've been overwhelmed by the kind words I’ve gotten in the last 48 hours over this piece by @LedererLedes on my work with @EquitableGrowth and beyond.

A big reason I’ve been fortunate enough to have this career?

Unions.

1/10
I kick off my book Unbound with one of the slogans of the labor movement: For the Many, Not The Few. I was able to get the good education that enabled me to write this because my father was a member of @IAM751 @MachinistsUnion, who fought like hell for their members. 2/10
In the 2000s, I was honored to serve as president of @NonprofitUnion, where we organized think-tank workers. That local now represents @EGLaborUnion. We recognized the union by card check, so staff would not be subjected to Trump’s anti-worker NLRB.
epi.org/blog/the-trump… 3/10
Read 11 tweets
Heather Boushey Profile picture
Aug 22, 2020
Let’s be clear: We need to provide relief to families and small- and medium-sized businesses hit hard by the closures caused by the pandemic. We must ensure relief goes to communities of color hit so hard by this crisis. The way to do this is to borrow at today's low rates 1/18
Unemployment remains in double-digits. & the official rate a likely under-estimate. “True” unemp rate for July closer to 13.8% than the reported 10.2% b/c of misclassification due to pandemic, while rates remain very high for Black & Latino workers 2/18
Yet, the Administration is asleep at the wheel. Enhanced unemployment benefits expired in late July. The amount of benefits workers are receiving have fallen off a cliff: 3/18
Read 18 tweets
Heather Boushey Profile picture
Aug 6, 2020
The recovery is stalling, millions of Americans are facing financial ruin, and our economy is at a precarious tipping point.

Yet some members of Congress are dragging their feet on more stimulus, write @liszhou @ella_nilsen vox.com/2020/8/6/21352… 1/
As the Hutchins Center Fiscal Impact Measure @BrookingsInst shows, the #coronavirus recession has wiped out years of growth, and were it not for government fiscal stimulus, its effects would have been even worse.
brookings.edu/interactives/h… 2/
We are perilously close to something akin to the Depression, and austerity would be catastrophic

Policymakers need to continue to pump money into the economy if we are going to avoid a collapse that makes the Great Recession of 2007–2009 a fond memory
prospect.org/economy/beware… 3/
Read 4 tweets

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