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“‘What happens when you can't pay your mortgage and you lost your job and have an economic hardship, you sell your home. So we could see a glut of homes for sale, and that will have its own devastating effect on housing prices and wealth, but that's a slow-moving crisis relatively speaking,’ Wendy Edelberg, director of the Brookings Institution's Hamilton Project, told Newsweek. ‘The abrupt crisis staring us in the face is an eviction crisis among renters,’ she said.”

“Some 4.3 million essential workers in the U.S. earn under $10 an hour. ‘All told, more than 57.1 percent of essential front-line workers earn less than $20 per hour,’ [The Hamilton Project at] Brookings found.”

“That’s also about two and half times the number in 2008, the peak of food insecurity during the Great Recession, according to Lauren Bauer, an economics fellow at the Brookings Institution who analyzed the newest data....‘The numbers we’re observing in June are higher than we’ve ever observed,’ Ms. Bauer said.”

“More than one in four households with children don’t have enough to eat, according to the Hamilton Project, an economic policy arm of the Brookings Institution.”

“‘It's not just that you don't have enough food,’ Lauren Bauer, Fellow with the Hamilton Project at the Brookings Institute told Yahoo Finance in a recent interview. ‘It's that you don't have the money to go out to the grocery store and buy more, and you can imagine why that's spiked during the coronavirus,’ she added.”

“The net worth of a white family is now about 10 times that of a Black family, according to [The Hamilton Project at the] Brookings Institution.”

“Not only are we experiencing a recession right now and seeing unprecedented job losses, but it’s hard for families to get to the grocery store and food prices are spiking. Children have lost access to school meals. So all of these problems are combining to see an unprecedented set of difficulties, particularly for families with children.”

“A Hamilton Project analysis of previous incarnations of entrepreneurial assistance programs, dating back to the 1980s, points out that well-designed programs pay for themselves and that program benefits exceed the costs.”

“Nearly 14 million children lived in a household characterized by child food insecurity -- the lack of consistent access to enough food to live a healthy life -- in the third week in June, according to [The Hamilton Project at] the Brookings Institution.”

“Two-thirds of industry leaders expect the pandemic to continue into the second half of 2021 or beyond — a notably longer time frame than that envisioned by many people in government. The danger is that federal fiscal support will be withdrawn before the pandemic is actually over, and then the underlying economic damage will become more visible.”

“Lauren Bauer, a fellow in economic studies at the Brookings Institution, said about one in four households are food insecure, meaning they don’t have enough food or enough resources to purchase food. Bauer said the response from policymakers in Washington has been inadequate. ‘I think the evidence is that regardless of what new programs have been in place, they haven’t done enough to support families and children,’ Bauer said.”

“A report by The Hamilton Project (a Brookings Institution initiative) conservatively estimated a 9 to 1 ratio of benefits to costs for delaying school start times.”

“‘We don’t know how the pandemic is going to unfurl, and we don’t know where the hot spots are going to be,’ said Wendy Edelberg, a former chief economist for the Congressional Budget Office and now the director of the Hamilton Project, an economic policy arm of the Brookings Institution.”

“13.9 million children are suffering from food insecurity, up from 2.5 million in 2018 and 5.1 million at the height of the Great Recession in 2008, according to Lauren Bauer of the Hamilton Project, who used data from the U.S. Census Bureau.”

“According to [The Hamilton Project at] the Brookings Institution, the average net worth of a white family in 2016 was $171,000. The average net worth of a Black family was $17,150.”

“'This is a horrendous time to have a lapse in benefits,’ said Wendy Edelberg, senior fellow at the Brookings Institution. ‘I expect households are living week to week, financially speaking.’”

“The coronavirus pandemic may leave the U.S. economy with a “missing generation” of start-ups and smaller firms that collapsed or were bought out, even as the biggest U.S. firms get bigger, according to a new essay by a former Obama-administration economist. Nancy Rose, the top economist at the Justice Department’s antitrust division from 2016 to 2018, will talk about her essayon how Covid may impact competition at an event hosted today by Brookings’ Hamilton Project.”

“Claudia Sahm, then a Federal Reserve economist, wrote in a [Hamilton Project] paper published last year that the movement of the unemployment rate could be used as a reliable indicator.”

“Across the country, states were initially slow in paying unemployment claims, but the pace of claim payments has accelerated, according to Jay Shambaugh, an economist and director of the Hamilton Project at the Brookings Institution.”

“The Hamilton Project has found that food insecurity in households with children has more than doubled over pre-pandemic levels nationwide, with one in three reporting insufficient food in April."

“With no such change for the better in sight, the next three months stand to reveal the underlying economic pain more vividly than the past three months have — because the massive fiscal assistance that governments offered when the pandemic first hit is soon going to fade.”

“‘What we’re seeing in the numbers so far is more an outcome of the cumulative negative effect of March, April and May than anything worsening with the pandemic in the last few weeks,’ Wendy Edelberg, director of the Hamilton Project and a senior fellow at the Brookings Institution, tells Axios.”

“Last month, nearly 14 million U.S. children lived in food-insecure households, according to a new report from [The Hamilton Project at] Brookings; at the peak of the Great Recession, that figure was 5.1 million.”

“‘If you’re not able to feed your children, it’s a pretty severe signal about your household’s capability to deal with financial shocks,’ said [Lauren] Bauer. Most of these families have run out of cushion to deal with the economic pain wrought by this pandemic.”