Mike's Daily Comment

In all the worry about a permanent unemployed underclass post pandemic, there’s virtually no mention of the role education could play in mitigating the problem.

Wholesale gas prices almost always go up this time of year because refining capacity diminishes as the switch from winter to summer grades takes place. But no matter what the season – there’s always one winner.

Sounds good until you realize that the most prominent response to the pandemic exacerbates it. Besides if we got rid of all rich people it wouldn’t help the poor one bit.

Not a surprise given the unprecedented nature of the pandemic. It was best policy based on incomplete science/data but that means flexibility is essential like when it comes to new evidence on social distancing.

Get Ready For Great Economic Growth Stats
Posted by Michael Campbell
on Friday, 19 March 2021 6:10
Not tough given we’ll be comparing to last year’s lockdown months. But after the initial pent up demand propelled by record government borrowing and spending – what comes next?