The Federal Reserve chairman says the disparities weigh on the country’s productive capacity.
economy
Our View: Sometimes government is the solution
President Biden has charted a bold plan that uses the power of the federal government to bail out struggling families.
Federal Reserve leaders agree: Economics has a racial-disparity problem
A study by the Brookings Institution reports Federal bank directors ‘are overwhelmingly white’ and ‘overwhelmingly male.’
COVID-19 stimulus bill to create $500 million windfall for Maine towns and cities
The huge package passed by Congress will provide cash-strapped local governments a substantial source of additional revenue over the next two years, and some already have ideas on how to use it.
Maine Voices: Biden’s relief bill – good economics, even better politics?
The proposal provides a safety net to businesses, workers and local governments and supports a ‘whole of government’ strategy to control and end the pandemic.
Maine Voices: How cheats and scam artists are helping us invest in the future
Whatever their background, anyone who spends a stimulus check is channeling most of that money into an economy that needs it.
Commentary: Biden climate regulation is about to get tougher
By preparing to raise a key metric called the ‘social cost of carbon,’ the president signals that more stringent emissions rules are just around the corner.
Commentary: Biden’s COVID relief plan isn’t overkill
The $1.9 trillion proposal could also help the U.S. recover from the Great Recession.
Commentary: Mob riots aren’t our only crisis. Jobs are evaporating while COVID deaths skyrocket
The country is sliding in more ways than one, and we can’t afford to ignore it.
Our View: Small-business growth is the recession’s cure
The job loss in 2020 was worse than any recession in the last 50 years and will take extraordinary action to bring jobs back.