This is the time for philanthropy and the wider nonprofit community to talk about what we have learned from the recession as a starting point for confronting continued uncertainty and this next set of challenges.
$1-billion-a-day figure estimating the costs of the Port of Los Angeles/Port of Long Beach strike was trotted out quickly and promoted widely, because it's attention-getting. And possibly, because it serves certain political objectives. But it's not accurate.
Whether reforms follow or not, the uncovering the true meaning of what our leaders do, has irresistible appeal in-and-of itself. No wonder impact analysis has become almost an academic obsession to the new generation of economists.