Economy

Publications

The Third Wave: How 5G Will Drive Job Growth Over the Next Fifteen Years

5G, because of its low latency and high throughput, won’t just be an evolution in technology, but a revolution. It will open the door to incredible innovation in both the private sector and the government – including augmented and virtual reality, precision agriculture, smart ports, transportation and logistics, autonomous vehicles, connected construction and so much…

PODCAST: Congressman Don Beyer on the Path Out of the COVID-19 Economic Crisis

 PPI President Will Marshall and Ben Ritz from the Center for Funding America's Future are joined by Congressman Don Beyer (VA-8), Vice Chair of the Joint Economic Committee, to talk about the fiscal health of the United States, the path out of the economic crisis caused by COVID-19, the role automatic stabilizers should play…

Invest in Metro Recovery and Resilience

A resilient city is defined by “the policy-induced ability of an (urban) economy to withstand or recover from the effects of shocks.” It took many U.S. cities years to recover from the 2008 Great Recession and Wall Street meltdown. Today, the coronavirus pandemic and recession pose an even more severe test of the resilience of…

Press

Amid Trump economic debacle, Biden’s central message must be his plan for American recovery

President Donald Trump is desperate to make this campaign about anything other than the economic disaster his incompetence has largely caused. But Joe Biden can’t let him do it. Biden’s own robust economic recovery plans must become the Biden-Harris ticket's key election message. Just in the last two weeks, Trump has desperately invoked law and order, or federal approval…

Release: In Gig Economy Space, New Report Shines Light on Regulatory Improvements for Independent Workers

Independent workers face a dilemma where they cannot currently receive benefit payments from companies without risking their independent status. WASHINGTON, D.C. - A new report from the Progressive Policy Institute examines the possibility of creating a way to regulate platforms that would preserve the flexible nature of independent workers and the benefits to our economy…

Congress Should Stabilize The American Economy – Both Now And Later

At the end of next month, several economic support programs created by the CARES Act in March will expire. House Democrats have moved to extend and expand these supports through January 2021 with the $3 trillion HEROES Act. Senate Republicans, however, have used fiscal cost as a pretext to oppose or scale back this and other potential future…

Blog

Unemployed Americans Face Benefit Cut-Off

While House Democrats and Senate Republicans remain at an impasse over how generous unemployment benefits should be in the current recession, a potentially greater problem is looming: millions of unemployed Americans will see their benefits terminated prematurely unless Congress takes additional action in the next three months. What’s more, many workers are forced to clear…

Investment Heroes 2020

Given the ongoing pandemic, capital investment is more important than ever before.  Hundreds of billions of dollars of investment by broadband providers enabled the U.S.  Internet to respond magnificently to soaring demand when the pandemic hit. On the other hand, some of the sectors that have struggled the most—such as medical equipment and supplies and…

How Ecommerce Creates Jobs for American Workers and Saves Time for American Families

This past weekend a Wall Street Journal piece quoted me on ecommerce jobs: One economist who has looked at these trends has concluded something surprising: When you include all the jobs in fulfillment, delivery, and related roles, e-commerce has created more jobs between 2007 and January 2020 than bricks-and-mortar retailers lost, says Michael Mandel, chief…