Stimulus

Can We Afford $100 Billion Jobs Bill?

  • By
  • Maya MacGuineas,
  • New America Foundation
June 4, 2010 |

Last Friday, the House passed and sent to the Senate a jobs bill that was scaled down in an effort to control the cost.

The American Jobs and Closing Tax Loopholes Act, which was originally projected to cost around $190 billion, would still cost more than $100 billion and add roughly $50 billion to the deficit. This does not include the tens of billions that will be part of a supplemental spending measure, which will deficit-finance war spending and other "emergency" measures.

U.S. and Europe: Shaping a New Model of Economic Development

  • By
  • Sherle R. Schwenninger,
  • New America Foundation
June 1, 2010

The Great Recession of 2008-09 has put enormous strain on the social contracts of Western economies. This paper provides an American perspective on how well the social welfare systems of the United States and the European Union countries have performed in cushioning their populations against the economic dislocations associated with the Great Recession and how effective U.S. and European policy has been in softening the severity of the recession and in creating the conditions for future socio-economic progress.

Get Back to Work

  • By
  • Tim Fernholz,
  • New America Foundation
May 26, 2010 |

"Now, government can't create jobs, but it can help create the conditions for small businesses to grow and thrive and hire more workers," President Barack Obama said yesterday as he urged Congress to take up new jobs legislation at an event honoring Small Business Owners of the Year. "Government can't guarantee a company's success, but it can knock down the barriers that prevent small-business owners from getting loans or investing in the future."

What’s Wrong (And Right)

  • By
  • Sherle R. Schwenninger,
  • Samuel Sherraden,
  • New America Foundation
May 24, 2010

 

 

 

 

 

 

Long-term Consequences of Economic Fluctuations

  • By Jeffrey G. Madrick, Senior Fellow, The Schwartz Center and William T. Dickens, Distinguished Professor of Economics and Social Policy, Northeastern University
May 20, 2010

To read working papers from the Bernard Schwartz Center for Economic Policy Analysis, please click here.

Facing an American Retirement Security Crisis

  • By
  • Lauren Damme,
  • New America Foundation
May 17, 2010

There are three main sources of retirement security upon which Americans depend: pensions, non-financial assets (usually homes), and Social Security. Pensions are the least broadly distributed asset: only 34.2 percent of Americans 65 and over earn pension income, while 54 percent have income from assets and over 85 percent receive Social Security payments.[1]

The Midterms Don't Matter

  • By
  • Peter Beinart,
  • New America Foundation
April 22, 2010 |

It’s a strange moment in Washington. With the stimulus bill and health-care reform now law, and serious financial regulation gaining momentum, Democrats are witnessing the greatest run of policy success of my lifetime. The victories have been so large that I suspect some liberal wonks are actually having trouble adjusting. As a liberal (not to mention a Jew who grew up rooting for the Boston Red Sox) I know that when you’ve grown accustomed to tragedy, and built an entire communal identity around it, triumph can be destabilizing.

After the Stimulus, What's Next For Clean Tech?

Friday, April 23, 2010 - 9:00am

2010 will be a blockbuster year for the American Clean Tech industry as billions of dollars in Stimulus money draw in private capital and create tens of thousands of jobs. But when the money runs out, and without a price on carbon, what's next for Clean Tech? Join us to discuss what's at stake for America's Clean Economy and how policy makers can maintain the momentum of the Stimulus.

The Manufacturing Credit System

  • By
  • Michael Lind,
  • New America Foundation
March 22, 2010

One of the greatest needs of U.S. manufacturing is access to sustained, adequate credit. The U.S. Farm Credit System provides a model for a new U.S. manufacturing credit system. The federal government should create up to a dozen regional manufacturing credit banks, modeled on the farm loan banks. Like the five banks of the federal farm credit system, each regional manufacturing bank would be a cooperative owned by banks and other credit institutions in its geographic region.

Made in America Bonds

  • By
  • Michael Lind,
  • Daniel Mandel,
  • New America Foundation
March 22, 2010

The urgent need to boost American economic growth while reducing the U.S. trade deficit makes it imperative to rebuild America’s manufacturing sector. Capital and labor that were diverted during the bubble years into unproductive, inflated assets in the housing and stock markets need to be shifted into the production of tradable goods to be exported or substituted for imports. A successful policy to reinvigorate U.S.

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