Tag: economy
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United Way releases new ALICE Report, into COVID’s shadow
According to the United Way’s just-released 2020 ALICE Report, 61% of households in Harrisonburg struggle to make ends meet. While that represents a 4% drop from the first ALICE report, published in 2017, it does not factor in the pandemic’s effects. In any case, Harrisonburg still has one of the highest rates of ALICE households in Virginia.
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Why a stimulus package may not help this time – yet
The government is considering a $850 billion stimulation to get the economy rolling again with a relatively small tax relief to individuals (mine would be $242/month, a mere 9% of my disposable salary) and $50 billion to the airlines. I’m not an economist, but based on my life in small-city America, it seems clear to me that there are problems here.
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