October 1, 2024
The family is the fundamental unit of society. As Pope Saint John Paul II so eloquently stated, “as the family goes, so goes the nation, and so goes the whole world in which we live.” Unfortunately, rates of marriage and family formation have hit record lows across the nation in recent years. This report focuses…
September 25, 2024
Key Points Read the PDF. Executive Summary At one time, American social and civic life was characterized by robust networks of social connections and activities. But in the years following the pandemic, which curtailed social opportunities and community activities, there are few signs of recovery. The American Social Capital Survey reveals that American civic life…
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…
August 1, 2024
Key Points Read the full pdf.
July 24, 2024
As the American Worker Project analysis shows, real wages have increased over time. Real wages are nominal wages corrected for changes in the price level, and a natural approach to understanding the way in which housing policy affects real wages is through (housing) prices. But the importance of housing to the economic well-being of the typical American…
July 23, 2024
Key Points Read the PDF. The Tax Cuts and Jobs Act (TCJA) of 2017 included some of the most far-reaching changes to the US income tax code in a generation. In addition to reducing statutory tax rates for individuals and corporations, the law adjusted the tax base. Among its most significant changes to the individual…
June 13, 2024
A growing minority of young men are floundering. “Failure to launch” is a description that’s all too common. Consider working a stable job—a decent proxy for whether someone has their life together. For young men (ages 16-24), labor force participation rates are dropping. In 1980, the share of young men who were looking for or had a…
June 11, 2024
Key Points Executive Summary In an era marked by a decline in social capital across American institutions, the workplace has become a crucial arena for fostering social connections. Through their careers, Americans not only satisfy their economic needs but also find personal fulfillment, build social networks, and seek—and often discover—a sense of meaning and purpose…
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…