SEARCH: fiscal policy

TIME Magazine: High Debt Threatens the U.S. Economy

The difficulty U.S. Congress has had agreeing on spending for this year and avoiding a government shutdown is an indication of just how hard it will be to deal with our longer term debt crisis. Our rising debt burden is a problem we must confront in order to preserve our nation’s ability to address the ...

Aspen Economic Strategy Group Welcomes Five New Members

WASHINGTON, DC, JANUARY 22, 2024 – The Aspen Economic Strategy Group (AESG) today announced five new members have joined the sixty-five-member, bipartisan group of distinguished leaders and thinkers who share the goal of promoting evidence-based solutions to significant challenges confronting the American economy.  Established in 2017 and co-chaired by former U.S. Secretaries of the Treasury ...

In Brief: Building Security in the Semiconductor Supply Chain

BRIEFLY Semiconductors are the building blocks of almost every modern technology, from dishwashers to smartphones to javelin missiles. Shortages during the COVID-19 pandemic, along with rising geopolitical tensions in the region where most chips are produced, have highlighted the fragile supply chains of this critical technology. In response, US policymakers have invested billions in the ...

Eight Questions—and Some Answers—on the US Fiscal Situation

In this paper, Jason Furman addresses eight specific questions essential to understanding the US fiscal situation and what policymakers can do to address the federal debt. He finds that an adjustment of between 0.7 and 4.6 percent of GDP is necessary to stabilize the debt over the next decade, and he proposes a broad set ...

Strengthening America’s Economic Dynamism

The Aspen Economic Strategy Group’s seventh annual policy volume focuses on the theme, Strengthening America’s Economic Dynamism. The volume’s publication comes at a time when US policymakers are turning away from free-market principles in favor of protectionist policies and more active government-directed industrial policy. These shifts, combined with growing economic and political difficulties including the ...

Book Launch Recap: Strengthening America’s Economic Dynamism

This week the AESG published our seventh annual policy volume, Strengthening America’s Economic Dynamism. This year’s volume features six papers covering topics including US trade and industrial policy, America’s fiscal and state capacity, the impact of advances in artificial intelligence on the labor market, and evidence-based strategies to make communities safer. These papers also provided ...

Top 12 Charts of 2024 from the AESG

As a group devoted to advancing evidence-based economic policy, the AESG appreciates the powerful role that charts play in telling the story of our economy. Enjoy twelve figures that showcase our work in 2024! Figure 1: Manufacturing’s share of employment in the US has fallen consistently since the end of the Second World War. In ...

Aspen Economic Strategy Group Welcomes New Members

Aspen Economic Strategy Group Welcomes New Members Leading policymakers, business executives, and academics join bipartisan group dedicated to promoting evidence-based solutions to America’s economic challenges. WASHINGTON, DC, MARCH 12, 2025 – The Aspen Economic Strategy Group (AESG) today announced that eleven new members have joined the bipartisan group of distinguished leaders and thinkers who are ...