Learning from the Covid economy
Personal income went up and poverty declined, even as GDP collapsed
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COVID-19 hammered the world economy in general, and the American economy suffered as part of that. Lots of stuff was shut down for public health reasons. And even when people were allowed to do things, they often didn’t. Indoor dining has been allowed in D.C. for the majority of the past year, but I haven’t dined indoors, and I’m not the only abstainer …