Money and Computing
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 »
Justice Department Issues Guidance on Ballot Drop Box Accessibility Requirements Under the Americans with Disabilities Act
“The right to vote is the fundamental right upon which our democracy is built,” said Assistant Attorney General Kristen Clarke of the Justice Department’s Civil Rights Division. “For too long in our history, many voters with disabilities have faced barriers in exercising their voting rights. Many of these barriers continue even today, including physical barriers that prevent them from entering polling places or accessing a ballot dropbox. The ADA requires election officials to select and provide accessible ballot dropbox locations so that voters with disabilities can have the same voting opportunities as other voters. The Justice Department is fully committed to vigorous enforcement of the ADA to ensure that voters with disabilities no longer face discrimination in the election process.” The publication covers the elements and features of a ballot dropbox that election officials should consider meeting the ADA’s accessibility requirements. The publication discusses the requirements for an accessible route to a ballot dropbox, such as a level walkway without gaps and steps. It also discusses accessibility features of a ballot dropbox such as a handle or lever that can be operated with one hand and without tight grasping, pinching or twisting of the wrist. The guidance includes a checklist of the accessibility standards used to assess a ballot dropbox. more »