#Pitchfork incubator kitchen series#

already 10% of the deaths for Black Americans this year - the third leading cause of death. 'So far, more than 32,000 Black Americans have died of COVID-19.

'I want this to really be something that seeps into our general understanding of this pandemic,' he said. Communities of color, who are disproportionately affected (partly because they're more likely to be in 'essential' jobs, and partly because of racial disparities in health care access and outcomes), are even more acutely in need of unemployment assistance. 'So this is a fundamental misunderstanding of how the unemployment system operates with workers, and it's not consistent with the empirical evidence.'Įvidence shows that 70% of unemployment recipients who went back to work in May and June were, in fact, making more on unemployment than their prior wage.Īnd it's important to remember, as Logan points out, how disparate the health and economic impacts of this virus are. If you refuse to show up, you stop receiving unemployment benefits,' Logan said. I'm going to collect this higher amount of money.' That's not possible in the unemployment system. 'You don't have the option to say, 'I don't feel like showing up, even though you're employing me again.

There's been plenty of fretting in the unemployment benefit debate about whether or not the recipients of unemployment benefits 'deserve' those benefits, or if they're making more money on unemployment than they were making while working. If the order goes into effect, the benefit will run through December 6 - another big bet that our case loads will have markedly improved by then. The other week, President Trump signed an executive order that would extend the federal benefit, but bringing it down to $300 per week, with a confusing optional $100 add-on from states. Logan, a professor of economics and an associate dean in the College of Arts and Sciences at Ohio State University, urges Congress to seriously consider the real cost of doing nothing when more than 30 million Americans are out of work.ĬARES temporarily allowed for an extra $600 per week unemployment benefit from the federal government, and extended eligibility for state unemployment benefits. If you look at our economic peers, that is where they are in the pandemic,' Logan says.

'The belief was that we would be well past the peak by the end of July.

#Pitchfork incubator kitchen series#

'The CARES Act was predicated on this belief that there would be a significant public health response that would encourage businesses to suspend operations to a large scale,' he said, 'which would allow us from the public health perspective to do contact tracing, to isolate those who had been exposed to the virus, and to bring the new infections down significantly over a series of weeks, or perhaps months. In the latest episode of Pitchfork Economics, Professor Trevon Logan says it's time for new solutions that address the reality of our dire economic situation. That response did not materialize, and the extreme economic dislocation of April, May, and June has not snapped back into place - and now we're headed toward a double dip recession. America's original economic response was predicated on finally mounting a robust pandemic response that would alleviate the public health crisis by mid-summer. It often indicates a user profile.Īs we approach the end of the summer and what neoliberal economists promised for months would be a tremendous V-shaped economic recovery from COVID-19, it's all too obvious that our 'recovery' is plateauing. Account icon An icon in the shape of a person's head and shoulders.