Economy

Economy

Investment Heroes 2019: Boosting U.S. Growth

Companies that invest in America are the lifeblood of economic growth. Whether it’s a fast 3D printer, a fuel-efficient delivery van, a gigabit-speed broadband network, a new solar power project, a cutting-edge data center, or a 5G small cell, capital investment boosts productivity, raises living standards, and creates better-paying jobs. Unfortunately, the financial crisis of…

Getting to “Yes” on the USMCA: Maintaining and Modernizing North America’s Economic Platform

Is it possible that the Trump administration has developed a trade initiative that—with some necessary tweaks from congressional Democrats—can be a good thing for the United States and its North American neighbors? The United States-Mexico-Canada Agreement (USMCA) (1) is the Trump administration’s proposed replacement for NAFTA, which the president, with typical hyperbole, has called the “worst…

The Best and Worst of 2015

Presidents and Presidential Candidates Best: Barack Obama Barack Obama had one of the best second-term years of any President in living memory. Recall that the central worry about Obama, both as a candidate and as a President, was that he would fail to make the tough decisions necessary to drive America forward. Recall further that,…

Jason Furman Remarks at Recent PPI Event on Reviving Private Investment in the U.S.

Business Investment in the United States: Facts, Explanations, Puzzles, and Policies Remarks by Jason Furman Chairman, Council of Economic Advisers September 30, 2015 Progressive Policy Institute Washington, D.C. Download remarks It is wonderful to join you at the Progressive Policy Institute’s (PPI) Reviving Private Investment forum. PPI has been an important voice in the economic…

There Are Only 2 Ways to Save the Economy: Innovation or Inflation

In the Atlantic, PPI Chief Economic Strategist Michael Mandel discusses the two possible solutions for escaping the current economic disaster -- innovation and inflation: It all comes down to this: We have to match growth to debt. If we can't create miracles from growth, we have to consider inflation to reduce the value of our…