director hemminger? >> director heminger: thank you, madame chair.ben, i'm sure you heard before that have a somewhat gloomy effect on people sometimes [laughter]. and i guess i want to probe you about how gloomy we ought to be. i think ted laid out three scenarios and the worst one was major economic reset. and in light of the information he provided on out-migration, what we're seeing today in telework and, in my opinion, the really scary news about the variants and people getting reinfected, so that we just -- we don't see the end of this pandemic in the near-term, should this major economic reset sort of be our default revenue assumption? >> i don't think that should be the default assumption that we have looking forward, but i certainly think it is a possibility that we should be thinking about and planning. talking to our own local public health experts about the year ahead and comparing what is sitting under some of the forecasts that other economists and moodies are preparing, and the consensus about the most-likely scenario at the moment is

director hemminger? >> director heminger: thank you, madame chair. the signs and background, i was hoping that tom could get me a vaccine appointment. >> chair borden: [laughter] >> director heminger: it's hard to believe, but there are some grandfathers who are too young [laughter]. >> nicely put, director. [laughter] >> chair borden: does anybody else have any unfinished business? i would love a report on how the lbes are faring during this time of covid. and we talk about the equity action plan, but also looking at our contractors and the people we work with in the agency. many of them have been disproportionately impacted, so i'd like to have hearing on what we're doing to keep them whole. especially where the lbes are the subcontractors. i want to make sure they're still at the table. i would like a report on that as well. >> great, if there are no other items, we can move on. item 7 is the director's report. >> good afternoon, board members. as i'm sure all of you know, friday began the lunar new year, so we have a lot to cover in this new year

director hemminger? >> director heminger: thank you, madame chair.ben, i'm sure you heard before that have a somewhat gloomy effect on people sometimes [laughter]. and i guess i want to probe you about how gloomy we ought to be. i think ted laid out three scenarios and the worst one was major economic reset. and in light of the information he provided on out-migration, what we're seeing today in telework and, in my opinion, the really scary news about the variants and people getting reinfected, so that we just -- we don't see the end of this pandemic in the near-term, should this major economic reset sort of be our default revenue assumption? >> i don't think that should be the default assumption that we have looking forward, but i certainly think it is a possibility that we should be thinking about and planning. talking to our own local public health experts about the year ahead and comparing what is sitting under some of the forecasts that other economists and moodies are preparing, and the consensus about the most-likely scenario at the moment is

director hemminger? >> director heminger: thank you, madame chair.ben, i'm sure you heard before that have a somewhat gloomy effect on people sometimes [laughter]. and i guess i want to probe you about how gloomy we ought to be. i think ted laid out three scenarios and the worst one was major economic reset. and in light of the information he provided on out-migration, what we're seeing today in telework and, in my opinion, the really scary news about the variants and people getting reinfected, so that we just -- we don't see the end of this pandemic in the near-term, should this major economic reset sort of be our default revenue assumption? >> i don't think that should be the default assumption that we have looking forward, but i certainly think it is a possibility that we should be thinking about and planning. talking to our own local public health experts about the year ahead and comparing what is sitting under some of the forecasts that other economists and moodies are preparing, and the consensus about the most-likely scenario at the moment is