January 5, 2021
It’s already clear that the House and President-elect Joe Biden support putting more money into the hands of Americans…Biden referred to the latest stimulus as a “down payment” for dealing with the pandemic.
At least 11 direct-cash experiments will be in effect this year, from Pittsburgh to Compton. Another 20 mayors have said they may launch such pilots in the future, with several cities taking initial legislative steps to implement them.
The power to narrow the yawning gaps in the world’s largest economy begins and ends in the walls of Congress. Unfortunately, for more than a decade, lawmakers have ceded much of that responsibility to the Fed, an institution that is particularly ill-equipped to address wealth inequality.
Simon Clarke, an associate professor in cellular microbiology at the University of Reading, said that while both variants had some new features in common, the one found in South Africa “has a number additional mutations … which are concerning”.
Most other countries have a single flag carrier implicitly or explicitly backed by the state. America doesn’t, but pandemic bailouts have made the Big Four quasi-government-owned, giving the public a stake in their future.
They include more than 300 price increases from companies like Pfizer and GlaxoSmithKline reported by Reuters late last week. Nearly all the increases were below 10%, and the median hike was 4.8%
“The act of experiencing something new — or even doing something that’s typical for you, but in a different way — can all generate these new brain cells…We want to constantly be using new paths and trails and roads within our brain.”
Unified Democrat control of Congress would hinge on a Senate tiebreaking vote by Vice President-elect Kamala Harris. Yet even that margin could have huge implications for tax and spending policy, the shape of the coronavirus recovery and the stock market outlook.
Ma appeared to call for a reform of China’s banking system and criticize Beijing financial officials for stifling innovation. “We can’t use yesterday’s methods to regulate the future,” he said on stage.
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