The first generation of Americans that will be less well off than their parents may have to delay gratification forever.
economy
Posted inBusiness, Nation & World
Mnuchin denies he’s trying to hinder Biden on economic recovery
The treasury secretary says his decision to end several emergency loan programs was based on the fact they were not being heavily utilized.
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Posted inNation & World, News, Politics
‘More people may die if we don’t coordinate’: Biden urges Trump to aid transition
Maine’s Republican Sen. Susan Collins joins in the call for Trump to work with the transition team, saying it’s ‘absolutely crucial that the apparent president-elect and his team have full access to the planning that has gone on’ for vaccine distribution.
Posted inOp-Eds, Opinion
Commentary: COVID-19 is a dress rehearsal for climate change
This is a moment to learn some important lessons for the future.
Posted inEditorials, Opinion
Our View: Broadband access key to Maine’s economic recovery
As work gets more mobile, we will need to invest in infrastructure that will bring jobs here. This isn’t a problem that the market will solve.
Posted inOp-Eds, Opinion
Commentary: Trump tax cut was neither boon nor bane
Ignore the campaign claims on both sides. The 2017 law didn’t favor the rich or boost the economy. (It did pump up the deficit, but how many voters care about that?)
Posted inLocal & State, News
Mills administration proposes hiring freeze, spending cuts to offset revenue lost to pandemic
The plan proposes a hiring freeze and delaying technology upgrades to help make up for more than $500 million in revenue losses.
Posted inBusiness, Local & State
National eviction ban may help thousands of Mainers – for now
A moratorium on certain pandemic-related evictions has been imposed through the end of the year, but many say further congressional action is needed to address the threat of mass homelessness.
Posted inBusiness, Nation & World
Fed survey finds widespread pessimism about economic future
The report says that echoing across the country is the continued uncertainty stemming from the pandemic and its negative effect on consumer and business activity.
Posted inOp-Eds, Opinion
Commentary: Reality belies Republican convention’s glowing reviews for U.S. economy
Trumpenomics seems to have brought transitory and sometimes dubious gains at the expense of long-term growth.