The Stimulus Package Will Help Families, But It Doesn't Go Far Enough

The Stimulus Package Will Help Families, But It Doesn't Go Far Enough

Recognizing these additional costs many low-income families are now facing, the U.S. Congress should go further in the cash benefit program and provide $1,000 per child. The benefit should have an income cap, $90,000 for singles and $180,000 for couples, so that it targets assistance to those who need it the most. And it should not be a one-time payment, but rather a monthly benefit with clear triggers, such as public-health emergency declarations and extended school closures, to continue the payments until this crisis has abated.

Congress should not wait until the crisis worsens, given the needs families are facing right now that they hadn’t even imagined just two weeks ago. This direct cash assistance could make the difference between a child continuing their studies or falling behind.

What Should Schools Do to Help ‘Flatten the Curve’ in Fighting Coronavirus?

What Should Schools Do to Help ‘Flatten the Curve’ in Fighting Coronavirus?

A number of strategies can be deployed to flatten the curve: washing hands, canceling mass gatherings, working from home, self-quarantining, avoiding crowds — and closing schools. No one single action is enough. They must be combined to provide a comprehensive approach to slow the spread. This article explores the role of school closures in flattening the curve.

Closing Schools To Slow a Pandemic

Closing Schools To Slow a Pandemic

In 2005, while serving as deputy policy director at the U.S. Department of Commerce, I served on an interagency team led by the White House Homeland Security Council that developed the National Strategy for Pandemic Influenza and National Strategy for Pandemic Influenza Implementation Plan. The strategy relied heavily on ways of slowing the spread of viral transmissions – “flattening the curve” – to reduce strain on the healthcare system and provide the time needed to develop and deploy vaccines. One such measure is closing schools.

Could Trump's 'Opportunity Zones' Fight Inequality in the UK?

Could Trump's 'Opportunity Zones' Fight Inequality in the UK?

The United States and Britain are in the middle of an enormous economic and societal shift brought about by globalisation and the automation enabled by advanced technologies. 

These trends have without question brought enormous benefits.  But there is growing acknowledgement that there are places and people who have been left behind, leading to economic insecurity and political unrest.

While large, urban areas with college education workers are booming, many other areas are still experiencing declining business starts, sluggish job growth, and persistent poverty.

 In the wake of the financial crisis these communities are also finding themselves shut out of the capital needed to rebuild their main streets and revitalize their communities.  

In the United States, a bipartisan provision of the Tax Cuts and Jobs Act of 2017 created Opportunity Zones which strives to provide catalytic capital to these communities.  It works in this way.  After investors sell appreciated assets such as stocks, bonds, or real estate, they can reinvest the money gained from those sales into certain equity-financed projects located in an Opportunity Zone.