Luke Pardue Archives • The Aspen Institute Economic Strategy Group

IN BRIEF: Pandemic-Era Student Learning Loss and the Policy Response

BRIEFLY The COVID-19 pandemic created not only a public health emergency but a youth education crisis as well. Decades of progress in math and reading among America’s students were wiped away in two years. The federal government passed three rounds of funding to help school districts mitigate the disruptions of the pandemic, but that aid ...

The Economic Case for Smart Investing in America’s Youth

The United States spends a relatively small sum on children, both on a per capita basis and as a share of all spending. In 2019, the federal government spent an estimated $5,595 per child on programs benefiting children under 18, compared to $29,189 per elderly American on entitlement programs alone—a gap that remains wide even ...

Introduction: Building a More Resilient US Economy

The post-pandemic US economy features a strong labor market but also persistent inflation, rising levels of debt, and acute educational challenges. These issues are compounded by ongoing, systemic difficulties: domestic and global, economic and political. This policy volume considers these topics and others, with a thematic focus on building a more resilient US economy. The ...

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Luke Pardue

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IN BRIEF: Pandemic-Era Student Learning Loss and the Policy Response

Introduction: Building a More Resilient US Economy

Figure 1: Components of the Federal Deficit or Surplus as a Percentage of GDP, 1940–2053

Figure 4: Federal, State/Local, and Private Philanthropic Spending Per Capita, by Age Group, 2019

Figure 2: Share of Federal Outlays by Category, 2019

Figure 2(b): CBO Projections for Federal Spending and Revenues, 2008–2053

Figure 3: Government Spending Shares Within Age Groups, by Major Category, 2019

Figure 2(a): CBO Projections for Federal Spending and Revenues, 2008–2053