President-Elect Biden ran on a commitment to be a President for all Americans, not just those who voted for him. To make good on that promise, he and his team will need to find opportunities for common ground and constructive compromise as they build their agenda for the first 100 days. One issue they would…
Publications
EXECUTIVE SUMMARY As of November 2020, employment in Maryland was down more than 4 percent compared to a year earlier. Small businesses are suffering. Nevertheless, the state's revenues for the 2021 fiscal year are coming in better than expected in spring 2020, buoyed by federal stimulus and continued employment of white collar workers. Under the…
The Covid Recession has accentuated labor market inequality, with some professions and occupations doing as well or better than before the pandemic hit. Employment in business and financial jobs, for example, is up 7 percent in the third quarter of 2020 compared to a year ago. Transportation and material moving jobs are up as well, aided by gains in ecommerce. Meanwhile personal care and service jobs are…
Press
Washington, DC – The House Subcommittee on Antitrust released its long-awaited report today on competition in digital markets. The recommendations include a call to break up tech companies so they can no longer own platforms and offer products and services on them at the same time, something that almost all other retail leaders do and…
In a new paper, the Progressive Policy Institute, working with the National Spectrum Consortium, projects that applications of 5G will create 309,000 manufacturing jobs in the United States over the next 15 years. That’s only a small part of the 4.6 million jobs that 5G is expected to create over that period, according to the paper,…
The Progressive Policy Institute, where I serve as chief economic strategist, just put out a report entitled “Building American Resilience: A Roadmap for Recovery After COVID-19.” The report covers a wide range of topics, ranging from manufacturing (discussed below), to education, to health care, to small business, to metro area fiscal policy to the gig economy.…
Blog
Twitter permanently banned Trump. Facebook suspended his account for at least two weeks. Apple and Google pulled the Parler app from their app stores. Amazon booted Parler off AWS. Stripe stopped processing payments for the Trump campaign’s website. These decisions, among others, have sparked a renewed debate over the power that Big Tech companies have…
A broadband connection has become an essential lifeline, especially during COVID for our shuttered offices, schools, places of worship, and retail stores. For many, a digital connection has become the safest and most timely way to seek medical attention, continue education, assist customers, and check-in with friends and loved ones. 95% of American homes have…
The failure of the app intended to collect results from the Democratic caucuses in Iowa wasn’t the best advertisement for the App Economy. But we have to remember that apps play a central role in the economy. As part of a global project measuring the size of the App Economy, we estimated the U.S. App…