Despite recovering from the worst economic impacts of the COVID-19 crisis, Hawaii faces major problems that existed before the pandemic and that are likely to worsen, experts on Hawaii’s economy and demographics say.
Hawaii’s economy may be bouncing back.
“But,” University of Hawaii economist Carl Bonham says, “what are we bouncing back to?”
Even though tourists might be flocking back to Waikiki, Hawaii is in trouble.
Consider Hawaii’s most vulnerable: there are no doubt more of them than before the pandemic, and, Bonham says, they are almost certainly worse off, despite federal stimulus money that kept many households afloat.