<div dir="ltr"><div class="gmail_default" style="font-family:arial,sans-serif"><span id="gmail-docs-internal-guid-93a91466-7fff-e3b0-15c5-b0e954c3cdd5"><p dir="ltr" style="line-height:1.38;margin-top:0pt;margin-bottom:0pt"><span style="font-size:12pt;font-family:"Times New Roman";color:rgb(0,0,0);background-color:transparent;font-variant-numeric:normal;font-variant-east-asian:normal;vertical-align:baseline;white-space:pre-wrap">Wednesday, October 21, 2020</span></p><p dir="ltr" style="line-height:1.38;margin-top:0pt;margin-bottom:0pt"><span style="font-size:12pt;font-family:"Times New Roman";color:rgb(0,0,0);background-color:transparent;font-variant-numeric:normal;font-variant-east-asian:normal;vertical-align:baseline;white-space:pre-wrap">Noon – 1 p.m., Zoom only (link to follow)</span></p><p dir="ltr" style="line-height:1.38;margin-top:0pt;margin-bottom:0pt"><span style="font-size:12pt;font-family:"Times New Roman";color:rgb(0,0,0);background-color:transparent;font-variant-numeric:normal;font-variant-east-asian:normal;vertical-align:baseline;white-space:pre-wrap">Institute for Ethics in Public Life</span></p><br><p dir="ltr" style="line-height:1.38;margin-top:0pt;margin-bottom:0pt"><span style="font-size:12pt;font-family:"Times New Roman";color:rgb(0,0,0);background-color:transparent;font-variant-numeric:normal;font-variant-east-asian:normal;vertical-align:baseline;white-space:pre-wrap">Government budgets at all levels have been battered by the costs of contending with the pandemic. Vastly reduced business and personal incomes have led to reduced tax revenues. The accumulation of government debt added to a likely rise in consumer debt delivers to creditors/investors even greater power than they possessed before the pandemic.</span></p><p dir="ltr" style="line-height:1.38;margin-top:0pt;margin-bottom:0pt"><span style="font-size:12pt;font-family:"Times New Roman";color:rgb(0,0,0);background-color:transparent;font-variant-numeric:normal;font-variant-east-asian:normal;vertical-align:baseline;white-space:pre-wrap">This effect will buttress corporate demands for legislative measures that remove or at least reduce such threats to the return on capital as inflation, taxes, wages, responsibility for negative externalities, lack of investment opportunities, competition and default.</span></p><p dir="ltr" style="line-height:1.38;margin-top:0pt;margin-bottom:0pt"><span style="font-size:12pt;font-family:"Times New Roman";color:rgb(0,0,0);background-color:transparent;font-variant-numeric:normal;font-variant-east-asian:normal;vertical-align:baseline;white-space:pre-wrap">The outcome will be an acceleration of government policies that mitigate threats to the return on capital – policies that will further decimate the lives of everyone else and leave us even more exposed to Covid-19 and vulnerable to subsequent pandemics. </span></p><br><p dir="ltr" style="line-height:1.38;margin-top:0pt;margin-bottom:0pt"><span style="font-size:12pt;font-family:"Times New Roman";color:rgb(0,0,0);background-color:transparent;font-variant-numeric:normal;font-variant-east-asian:normal;vertical-align:baseline;white-space:pre-wrap">Institute colloquies are open to students, faculty, administrators and alumni. The Fellowship program at the Institute for Ethics in Public Life is generously supported by gifts to the Plattsburgh College Foundation.</span></p></span><br class="gmail-Apple-interchange-newline"></div><div><div dir="ltr" class="gmail_signature" data-smartmail="gmail_signature"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div><div style="font-size:12.8px"><br></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div>