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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 ...

High and Rising US Federal Debt: Causes and Implications

The outlook for federal debt represents a significant economic challenge for the United States. Economic developments and policy changes over the past two decades have materially raised the level of current and projected debt, but the primary factors behind the projected upward trajectory of debt remain population aging and rising health care spending. Even under ...

In Brief: The Recent Rise in US Labor Productivity

BRIEFLY US labor productivity has enjoyed a period of renewed growth over the past year, interrupting a nearly twenty-year decline: the 2.7 percent productivity growth in 2023 outpaces the 1.5 percent annual average since 2004, and it nearly matches the 2.9 percent pace seen during the country’s last productivity surge in the 1990s. While the ...

Mitchell E. Daniels, Jr.

MITCHELL E. DANIELS, JR. is President Emeritus of Purdue University and served as a two-term governor of the state of Indiana from 2004 to 2012 as well as the 12th president of Purdue University from 2013 to 2022. He was elected governor in his first bid for any elected office, and then re-elected with more ...