Executive Summary Last week, President Biden outlined his plan to counter inflation as the rate rises to around 7% The President placed the blame of inflation on rising prices in a myriad of sectors including motor vehicles, prescription drugs, energy, and childcare His solutions include programs to cut costs as well as protect wages by … Continue reading
Category Archives: Economy
Public Health Emergency Preparedness and Response System in the US
Summary Though the US dealt with major outbreaks in the past 20 years, the American Public Health Emergency Preparedness and Response system was unable to generate a sufficient coordinated response for COVID-19. The American Public Health Emergency Preparedness and Response system needs an analysis in the present time to evaluate the effects of public health policies and their … Continue reading
The Unpopular Option and Puerto Rico
Executive Summary Puerto Rico now has a real chance for economic recovery. Last January the Financial Oversight Board for Puerto Rico closed an almost five year-long bankruptcy case with 80% of the islands outstanding payments reduced. Set up in 2016, The Financial Oversight Board is a federally appointed group with limited powers over Puerto Rican finances … Continue reading
The Supply Chain Crisis Extends Far and Wide
Executive Summary Failures in the supply chain can be detected along virtually every aspect of the process; some existed before COVID-19, while others were caused by the pandemic. It is unclear how long these problems will persist; especially as demand increases through the holiday season. The United States Department of Transportation attempted to address these issues by expanding the capacity and efficiency of … Continue reading
Yes, “Gig City’s” Public Broadband is Fast, but its Economic Future is Questionable
Executive Summary The impacts of Covid-19 will continue to elicit conversation about funding municipal broadband projects, so we must be aware of the long-term financial obligations associated with these programs. Chattanooga’s public broadband produces speeds much faster than the national average, but the economic responsibility looms far into the future. The financial structure of the Electric Power Board’s public broadband will be difficult to duplicate, so the Chattanooga program should not be used as … Continue reading
Chronic Disease and Our Food System
Introduction As recently reported by the CDC, the number of states with obesity rates of 35% or higher has almost doubled in the past two years. In 2018, 9 states reported having obesity rates above 35%. In 2020, that number rose to 16 states reporting obesity rates above 35% with Delaware, Iowa, Ohio, and Texas … Continue reading
Confronting the Concerns Surrounding Green Hydrogen
Introduction Hydrogen is the most abundant element in the universe and has the potential to reduce anthropogenic greenhouse gas emissions and decarbonize our planet. What makes hydrogen vital is its capability to be a clean, safe and flexible energy carrier. Additionally, when combusted to generate heat or electricity, it produces water. These characteristics make it … Continue reading
The Future of Florida’s Minimum Wage
A new President is not the only change to come out of election day for Florida passed Amendment 2, the proposition to raise their minimum wage to $15 by 2026. The proposed schedule for the increase includes a jump to $10 an hour by September 2021, and a gradual further increase of a dollar per … Continue reading
China and Latin America: forging new economic ties in United States backyard.
China experienced explosive economic growth in the past few decades that helped it rise to the position of the second-largest economy in the world. It now aims to transform itself from a regional to a global hegemon, effectively challenging the US in its backyard, Latin America. The country’s Belt and Road Initiative (BRI) facilitated its … Continue reading
Prioritizing Our Private Sector
As we near the end of the month, we are nearing the expiration of the Pandemic Unemployment Assistance (PUA) program. This program issues a $600 weekly benefit for Americans that typically do not qualify for unemployment insurance. Those eligible include the individuals who are self-employed, part-time employees and others who do not have qualifying work … Continue reading
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