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Fischer & Gould-Werth: How Systems for Delivering Economic Relief Failed—Noted

This is very good and very important. My grandfather always mourned that, when he got his Ph.D., he thought he was getting a Ph.D. in “public administration” but found, instead, during his career that his discipline had turned into "political science”. Here Amanda Fischer and Alix Gould-Werth try to fill in this gap, and largely succeed.

Amanda Fischer & Alix Gould-Werth: Broken Plumbing: How Systems for Delivering Economic Relief Failed https://equitablegrowth.org/broken-plumbing-how-systems-for-delivering-economic-relief-in-response-to-the-coronavirus-recession-failed-the-u-s-economy/: ‘Below, we detail four delivery systems tasked with providing relief during the coronavirus recession— relief targeted to small and large businesses, Unemployment Insurance, direct payments to consumers, and paid leave programs—each of them emblematic of a different plumbing problem. Looking at business rescue programs, we see pipes well-designed to flow easily to people with power, while the taps of the less powerful remain dry. Looking at Unemployment Insurance, we see the failure to invest in pipes, preventing these benefits from flowing smoothly to people who need them the most. Looking at direct payments, we see who profits when the plumbing is routed through costly private systems that twist and turn, enabling the powerful to siphon off of the plumbing. And looking at paid leave, we see what happens when policymakers build no pipes at all and suddenly need to turn on a spigot when the economy hits a drought…

.#equitablegrowth #noteed #2020-08-01

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