The CBS article links to the Chicago Fed National Activity Index news release which has four charts dating back to 1970 to provide historical perspective on the CFNAI Index, which is especially helpful to visual learners.
Needless to say since 1970 nothing comes close to the drop in US economic activity due to this COVID-19 financial crisis.
debtsor
6 years ago
I have a great idea: Let’s give Illinois legislators and state employees raises! We can tax the unemployment benefits of those that recently lost their jobs to pay for it! (the state withholds a 5% cut of unemployment compensation for taxes).
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
The CBS article links to the Chicago Fed National Activity Index news release which has four charts dating back to 1970 to provide historical perspective on the CFNAI Index, which is especially helpful to visual learners.
http://www.chicagofed.org/~/media/publications/cfnai/2020/cfnai-may2020-pdf.pdf
Needless to say since 1970 nothing comes close to the drop in US economic activity due to this COVID-19 financial crisis.
I have a great idea: Let’s give Illinois legislators and state employees raises! We can tax the unemployment benefits of those that recently lost their jobs to pay for it! (the state withholds a 5% cut of unemployment compensation for taxes).