News
Against Manufacturing Doomerism: Why and How Making Stuff Matters
2+ hour, 5+ min ago (711+ words) By Todd N. Tucker and Oskar Dye-Furstenberg This is a web-friendly preview of the report. Read the full explanation. Finally, the manufacturing sector will be just as (if not more) important in the future, as the economy shifts from extracting energy…...
Strait Talk: Knock-on Effects from the Energy Shock Could Show Up in This Month's Jobs and Inflation Data
1+ mon, 1+ week ago (393+ words) It's probably too soon for the energy shock stemming from the war in Iran to show up fully in the job market. But the economy was already flashing warning signs before that shock hit: Through February, it had averaged almost…...
How to Tax the Ultrarich
3+ mon, 1+ week ago (117+ words) This is a web-friendly preview of the report. The realization rule. Investment gains are taxed only when sold, or "realized," which incentivizes ultra-wealthy investors to defer sales indefinitely. And at death, basis step-up (the process that resets an asset's taxable…...
Will Social Security Run Out?" Is the Wrong Question: How Lawmakers Can Protect Beneficiaries and Strengthen OASI
3+ mon, 3+ week ago (667+ words) The Social Security Old-Age and Survivors Insurance (OASI) Trust Fund reserve is about to become depleted. Seniors worry that the government will not be able to pay them the full benefits they are entitled to. Democratic and Republican politicians alike…...
What to Do When the Next Recession Hits
5+ mon, 1+ week ago (243+ words) What lessons can progressive policymakers glean from past recession responses? In a new brief, Zehra Khan of the Economic Fellows Project examines the federal government's responses to the three major economic downturns of the 21st century: the 2001 recession, the 2008 financial crisis,…...
How Should Progressives Respond to the Next Recession?
5+ mon, 2+ week ago (255+ words) President Donald Trump inherited a historically strong economy when he took office in January. But rather than build on that strength, the Trump administration has implemented an erratic agenda that has only made the US economy more fragile, more unequal,…...
Roosevelt Principal Economist Warns: Politicizing the Fed Will Raise Costs and Threaten US Economic Stability
8+ mon, 1+ week ago (397+ words) Fighting for an economy and democracy by the people Roosevelt Principal Economist Warns: Politicizing the Fed Will Raise Costs and Threaten US Economic Stability President Donald Trump's illegal attempt to remove Dr. Lisa Cook from the Federal Reserve Board of…...