Executive Summary Some are concerned that subprime auto loans – which offer higher interest loans to riskier borrowers – pose a threat to the stability of the global economy in much the same way that the subprime mortgage market contributed to the Great Recession. Democratic presidential candidate Elizabeth Warren, in particular, has raised the warning […]
As Democrats begin selecting their party’s nominee for president with the Iowa caucuses next week, voters deserve to know what policies each candidate prioritizes and how they would finance their agendas. PPI’s Center for Funding America’s Future has compiled a comprehensive review of tax and spending proposals offered by four leading presidential candidates to help […]
In the November debate among Democratic presidential candidates, Sen. Cory Booker said the following: We Democrats also have to talk about how to grow wealth, as well. … [W]e as Democrats have got to start talking not just about how we tax from a stage, but how we growth wealth in this country amongst those […]
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 […]
Over the final three decades of the 20th century, one of the defining features of American life was the abandonment and deterioration of historic urban centers. In cities large and small, from coast to coast, residents and dollars followed the interstate highways out of the old commercial downtowns and out to the suburbs. Columbia, S.C., […]
Americans are drowning in debt, both privately and collectively. Last summer, the national debt topped $22 trillion. On the private side, total U.S. household debt hit $13.6 trillion in 2019 – driven by higher student loan, credit card, mortgage, and auto loan debt.
In this paper we will introduce a new concept, the “prescription escalator.” The prescription escalator is a simple way of summarizing why Americans are so upset about their drug bills. Moreover, we propose solutions for getting Americans off the prescription escalator. Americans know, without a doubt, that their family’s prescription drug costs are rising—and they […]