Where are the Testing Kits, Respirators and Protective Gear? What is the Defense Production Act (DPA)? Did Trump activate it? You might be surprised that Congress has authorized the DPA 50 times since its enactment during the Truman administration including… Continue Reading →
As more states call for a complete cessation of non-essential activities, the Bureau of Labor Statistics (BLS) Leisure and Hospitality (LH) sector has essentially shut down. This category includes all arts, entertainment and recreation as well as accommodation and food… Continue Reading →
Two studies of the 1918-19 influenza pandemic were published in 2007; each reviewed the “non-pharmaceutical” actions of cities in the United States. The focus of both studies were virtually identical, each asking, in the absence of vaccines or anti-viral medicine,… Continue Reading →
Recent dramatic declines in the value of equity markets (and more recently, fixed income) are likely to show up in weaker public pension funding ratios as plans begin to disclose their returns. To be sure, some plans incorporate asset value… Continue Reading →
We’ve expounded before on the transformation of employment in the U.S. in our June 3, 2019 blog and today’s figures continue the trend in movement towards more lower-paid service-providing jobs and away from manufacturing/goods producing. Two observations we would like to comment on today. First, in the municipal market, “new… Continue Reading →
At the end of November, the Government Accountability Office (GAO) released a report entitled “EPA Should Take Additional Actions to Manage Risks from Climate Change”. They looked at flood, storm surge, wildfires and sea level rise and concluded that about… Continue Reading →
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