November 4, 2024
Nationalist/populist conservatives, including the Republican nominee, claim that US economic history supports their views of trade protectionism. Donald Trump says “tariff” is “the most beautiful word in the dictionary” and that America “in the 1890s was probably the wealthiest it ever was” because of its tariff system. First, per capita GDP is, conservatively, seven times higher…
November 1, 2024
The Biden administration unveiled its fourth major student loan cancellation scheme last week. While the administration’s past three cancellation plans have suffered defeats in the courts, officials apparently hope that things will be different this time. The new plan offers loan cancellation to borrowers experiencing “hardship.” If you’re wondering what “hardship” means, so am I. It is…
November 1, 2024
The record surge in illegal immigration during the Biden-Harris administration, its consequences and costs, and what to do about it are all major issues in this year’s election. Recent polling suggests addressing immigration is voters’ second biggest priority, right after inflation and ahead of the economy. Yet Vice President Kamala Harris’s “policy book” doesn’t even mention immigration, much…
October 30, 2024
No matter the outcome of next week’s election, we can be certain that the new President and Congress will confront urgent policy and legislative challenges. One priority issue for the new Congress will be renewing the Farm Bill. True to its name, the Farm Bill authorizes a wide range of programs to support farmers and…
October 30, 2024
Blue states are better for families — at least that’s what many academics and journalists contend. In their book “Red Families v. Blue Families: Legal Polarization and the Creation of Culture,” law professors Naomi Cahn and June Carbone argued that blue states have the liberal values and policies they believe make for strong and stable…
October 30, 2024
New research from the Project on Workforce and the National Governors Association highlights how governors are leveraging new industrial policy opportunities to strengthen workforce development and meet labor market needs. As the federal government allocates trillions of dollars toward new industrial policies, states face a significant challenge: they will only succeed in realizing the economic…
October 30, 2024
The 2024 American Opportunity Index measures how well America’s largest companies drive economic mobility and positive career outcomes for their employees—actions that also can help fuel business performance. It is based on independent data and is the only measure of employer quality to evaluate what really happens to workers at America’s largest employers over time….
October 29, 2024
In an attempt to shore up support among black male voters, Kamala Harris proposed small-business loans and training programs aimed at steering them toward “high-paying jobs.” Whatever the virtues of her plans, they overlook a real-world situation facing millions of black men: the combination of a prison record and daunting child-support payments they had no way of…
October 25, 2024
Republicans and Democrats alike agree about the importance of workforce training. They’re right: Despite a recent labor-market cooling, there are still 7.7 million unfilled jobs in the United States. Unfortunately, America’s workforce-education system is a patchwork of dubious efficacy. Workforce programs are underfunded, tangled in red tape, and often fail to achieve their goals. Fixing this is hard: There’s…