Testimony before the Joint Economic Committee: “Keeping Our Promises: Labor Inflows, Maintaining Competitiveness, and Supporting an Aging Population”
On Wednesday, March 18th, AESG Policy Director Luke Pardue testified at the Congressional Joint Economic Committee’s hearing, “Keeping Our Promises: Labor Inflows, Maintaining Competitiveness, and Supporting an Aging Population.” His written testimony is below. Watch the complete hearing here and see more information about the hearing here. Chairman Schweikert, Ranking Member Hassan, and other members ...
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 ...
Manufacturing Resilience: The US Drive to Reorder Global Supply Chains
Global supply chains—the network through which products and services move from initial producers to final consumers—have become increasingly complex over the past several decades. Recent disruptions caused by the COVID-19 pandemic, along with the threat of further interruptions from rising geopolitical risks, have exposed the fragility of today’s supply chains. To build more resilient networks, ...
Figure 11: The Median Medicare Part D Plan: Total Cost by Drug
From, “Why Drug Pricing Reform is Complicated: A Primer and Policy Guide to Pharmaceutical Prices in the US,” by Craig Garthwaite and Amanda Starc.
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 ...
Overcoming Pandemic-Induced Learning Loss
The global COVID-19 pandemic created not only a once-a-century public health crisis but also a once-a-century public education crisis. Unfortunately, the United States federal government’s financial assistance to schools to overcome pandemic-induced learning loss is about to expire – despite the fact that the country has made almost no progress remediating this learning loss. In ...
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 ...
Book: Building a More Resilient US Economy
The Aspen Economic Strategy Group’s sixth annual policy volume, Building a More Resilient US Economy, considers some of the most pressing economic challenges facing the United States. The book’s publication comes as the US faces historically high levels of debt that threaten the resiliency of the nation’s economy, including the ability to invest in key ...