With the results of the U.S. elections coming into view, it is time to consider what the results mean for economic policy and the outlook for the U.S. and global economies.
The Delta variant of the virus hit us hard this fall, costing more lives and doing more economic damage, this time by igniting long-dormant inflation.
Macroeconomic Consequences of the Infrastructure Investment and Jobs Act & Build Back Better Framework
In this white paper, we assess the macroeconomic impact of both the bipartisan infrastructure deal legislation and the reconciliation package of social spending and tax changes.
The nation faces a dramatic housing shortage, sending home prices and rents through the roof all over the country.
But the law of demand is delaying the supply-side response to higher prices.
Congress just punted the decision on the nation's debt limit until the end of this year, and financial markets are relieved.
During the COVID-19 pandemic, the nation's longstanding racial inequities have been laid bare. The health and finances of families of color have been disproportionately hurt and racially charged civil strife has wracked much of the nation.
There are the massive legislative efforts to increase spending on infrastructure and fiscal support for a range of social programs and climate change
The rapid aging of the U.S. population is putting a serious strain on the people, institutions and businesses that provide much-needed assistance to the elderly and disabled.
The American economy has come a long way. It was only 18 months ago when the coronavirus pandemic struck in full force, igniting a devastating recession.
On August 26, the U.S. Supreme Court struck down the national eviction moratorium imposed by the Centers for Disease Control and Prevention, setting off a race to get millions of struggling renters the relief they need before being thrown from their homes.