Employment
High Inflation and the Outlook for Monetary Policy By Federal Reserve Governor Michelle W. Bowman
Federal Reserve Governor Bowman: "Inflation is much too high. Last year I noted that inflationary pressures associated with strong demand and constrained supply could take longer to subside than many expected. Since then, those problems have persisted and inflation has broadened, reaching the highest rate that Americans have faced in forty years. High inflation is a heavy burden for all Americans, but especially for those with limited means who are forced to pay more for everyday items, delay purchases, or put off saving for the future. I intend to support prompt and decisive action to lower inflation, and today I will explain how the Fed is pursuing this goal." more »
Jo Freeman Reviews There is Nothing For You Here by Fiona Hill
Jo Freeman writes: Her description of Donald Trump and his dysfunctional administration is consistent with that of other authors. Trump was addicted to flattery and adulation. A chapter section is called “Me, Me, Me.” Hill says he suffered from “autocrat envy.” He didn’t just admire Putin; he wanted to be like him. Trump was angered by mere rumors that someone had said something negative about him. He wanted to just snuff them out, with the alacrity of Putin and other autocrats. Although Hill worked for the Bush, Obama and Trump administrations, we only get details about Trump. Since it’s not a short book, perhaps the publisher didn’t think reading about the earlier Presidents would generate sales. Too bad. Her other comparisons are illuminating; how these three men ran their domains should be as well.
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Study: Natural hazards Compound Covid-19 Impacts Disproportionately on Businesses Run by Minorities, Women and Vets
A report published in October 2020, offered an overview of the responses, but the authors of the new study sought to gain deeper insight into the role that specific factors played in determining a business’s resilience during the pandemic. "The team’s findings are based on responses from more than 1,350 businesses to a survey NIST and NOAA distributed from July to August in 2020. A third of those returning surveys were from underrepresented groups. "It is critical that we understand how climate events amplify existing social and economic vulnerabilities,” said Ariela Zycherman, a co-author of the paper in NOAA’s Climate Program Office. more »
Weekly Legislative Update, February 14, 2022: Bill To Permit Employees to Request Changes to Work Schedules Without Fear of Retaliation; Bill for Support of National Teen Dating Violence Awareness and Prevention Month”, Disaster Equipment in Emergencies
Rep. Jan Schakowsky (D-IL)/Education and Labor; House Administration; Oversight and Reform; Ways and Means (2/9/22) — A bill to extend protections to part-time workers in the areas of family and medical leave and pension plans, and to ensure equitable treatment in the workplace; Sen. Dianne Feinstein (D-CA)/Placed on Senate legislative calendar (2/9/22) — A bill to reauthorize the Violence Against Women Act of 1994; On Tuesday, the Senate Small Business and Entrepreneurship Committee will mark up several bills, including S. 2042, the Interagency Committee on Women’s Business Enterprise Act of 2021. Appropriations — Bipartisan Violence Against Women Act This week, the Senate is expected to vote on a continuing resolution (CR) (H.R. 6617) to fund the government through March 11. The current CR expires on February 18.
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