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College students on high COVID alert ahead of return to campus

With the Delta variant surging, college students are not ready to resume campus life as normal, according to a new Generation Lab/Axios poll.

Why it matters: For four-year students who enrolled in 2019-20, there is just one year remaining to enjoy something resembling a regular college experience.


Out of a list of activities that included going to an indoor party, dancing with others, and close conversations without masks, 55% of students considered none of the above to be safe.

  • 60% sayrestrictions should be imposed on large social gatherings.
  • 45% say they would only feel comfortable at indoor gatherings where everyone had been vaccinated.

Driving the news: Already, tens of thousands of students across different education levels across the country are isolating after testing positive of being exposed to COVID-19.

College students are also big fans of vaccine mandates — in many cases, bigger fans than their university administrators.

  • 73% say their school should implement a vaccine mandate for those on campus, while 52% say their schools are doing so.
  • 86% say they are fully vaccinated, while 6% say they definitely won't get the shots.

Many staff and professors share the concerns about a return to campus.

  • "You're putting me in a petri dish for an hour and 15 minutes when I'm teaching," Youngstown State ethics professor Mark Vopat told Forbes.

Methodology: This study was conducted August 11-13 from a representative sample of 846 students nationwide from 2-year and 4-year schools. The margin of error is +/- 3.4 percentage points. The Generation Lab conducts polling using a demographically representative sample frame of college students at community colleges, technical colleges, trade schools and public and private four-year institutions.

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McConnell says Senate will vote on new small business relief funding before election

Senate Majority Leader Mitch McConnell (R-Ky.) issued a statement on Tuesday saying that the Senate's "first order of business" when it returns on Oct. 19 will be to vote on "targeted relief for American workers," including new funding for the small business Paycheck Protection Program (PPP).

Why it matters: House Democrats, Senate Republicans and the Trump administration are still very far apart on key elements of a relief deal, and any push for smaller, more targeted legislation is more of a political maneuver than any thing else.

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How central banks can save the world

The trillion-dollar gap between actual GDP and potential GDP is a gap made up of misery, unemployment, and unfulfilled promise. It's also a gap that can be eradicated — if central banks embrace unconventional monetary policy.

  • That's the message from Eric Lonergan and Megan Greene, two economists who reject the idea that central banks have hit a "lower bound" on interest rates. In fact, they reject the idea that "interest rates" are a singular thing at all, and they fullthroatedly reject the idea — most recently put forward by New York Fed president Bill Dudley — that the Fed is "out of firepower."

Why it matters: If Lonergan and Greene are right, then central banks have effectively unlimited ammunition in their fight to increase inflation and employment. They are limited only by political will.

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Government officials await Trump's next firing

Via Twitter

President Trump was enraged by a Wall Street Journal scoop that Attorney General Bill Barr worked "for months" during the campaign to conceal the federal investigation of Hunter Biden.

The state of play: The president is re-exploring options for replacing Barr, and Saturday morning tweeted this rebuke: "Why didn’t Bill Barr reveal the truth to the public, before the Election, about Hunter Biden[?]"

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