We often look to history to stop us from making the same mistakes we’ve made in the past. But as American policymakers mounted their economic response to the COVID-19 pandemic, they looked to the Great Recession, and they may have overcorrected a bit. We’ll discuss how the crises compare and why it may explain a lot about where we find ourselves today. Plus, Wall Street is worried about the “antiwork” movement, and a listener sent us a story about a lost teddy bear with a happy ending. It’s making us smile.
Here’s everything we talked about today:
“How America’s Pandemic Economic Response Fought the Last War” from The New York Times
“How the U.S. Hid an Airstrike That Killed Dozens of Civilians in Syria” also from The New York Times
“‘Antiwork’ movement may be long-run risk to labor force participation: Goldman Sachs” from Yahoo
“Elon Musk Sold $5 Billion In Tesla Stock This Week As Shares Plunged Following Twitter Poll” from Forbes
“Elon Musk faces a $15 billion tax bill, which is likely the real reason he’s selling stock” from CNBC
“Girl reunited with teddy bear lost nearly a year earlier in Glacier National Park” from NBC News
If there’s something making you smile on this Monday, let us know. Send a voice memo or give us a call at 508-82-SMART (508-827-6278).