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October 3, 2024
Abstract The Trump–Pence and Biden–Harris administrations enthusiastically embraced protectionism. Each administration explicitly argued for a break from the bipartisan consensus of recent decades that has been generally supportive of free trade and of allowing markets to shape US industrial and employment composition. But the protectionism of the Trump and Biden administrations has not succeeded and…
October 2, 2024
Despite misperceptions that the United States is limping through late-stage capitalism, American workers are more highly compensated than ever before—even the lowest earners. The 20th percentile earner—worse-off than 80 percent of workers—had annual earnings 19 percent higher in 2022 than in 1979, after accounting for inflation and a decline in women choosing to work only…
September 23, 2024
The views expressed in this report are those of the individual authors who collectively constitute the Grand Bargain Committee, co-chaired by Michael R. Strain and Isabel V. Sawhill. This report was sponsored by the Center for Collaborative Democracy and was prepared independent of influence from the center and from any other outside party or institution. It…
September 10, 2024
Sometimes it seems like Americans can’t decide whether we work too much or too little. We hear that because of rising inequality and a lack of good jobs, workers must toil too many hours at wages too low to support a family. By other accounts, the machines— if not robot overlords, then at least their…
May 14, 2024
Key Points Executive Summary Doomers on the political left and right agree that economic growth has failed to translate into higher wages for American workers, with some claiming that pay has barely risen in 50 years. Such sentiments have been buttressed by flawed analyses that, comparing apples to oranges in a variety of ways, have…
March 28, 2024
Abstract The Tax Relief for American Families and Workers Act of 2024, which the US House of Representatives passed on January 31, 2024, and the Senate is now considering, would make important changes to the child tax credit (CTC) if enacted. The legislation would increase CTC payments for families with lower earnings, apply a one-year…
January 8, 2024
Abstract Despite known links between poverty rates and unmarried parenthood, we know little about how changes in family situations after a nonmarital birth affect poverty. This study explores Future of Families and Child Wellbeing Study data to document changes to the relationship status, employment status, and education level of a cohort of unmarried mothers who…
December 15, 2023
Introduction America’s system of federalism means that the is- sues that most directly impact the lives of parents and families are often most appropriately dealt with at the state level. While many conversations about how to make family life more affordable and achiev- able in the U.S. tend to focus on the federal tax code,…
December 13, 2023
The debate about how best to respond to urban crime—a debate that has become more important in light of recent increases in violent crime and homicide in many cities across America—has tended to focus on two perspectives. The first prioritizes tackling the “social structural factors” (unemployment, economic inequality, poverty, etc.) that are thought to be…
February 1, 2023
Whether poverty has risen or fallen over time is a key barometer of societal progress. Between 1970 and 2020, the official poverty rate in the United States fell by just 1.2 percentage points (9.5 percent), suggesting limited economic gains for the disadvantaged despite large investments in anti‐poverty programs. In contrast, several recent studies have found much…