The United States government should take up a position of world leadership on ending the global COVID-19 pandemic through vaccine outreach to the world. Such an effort would serve a clear humanitarian purpose. It would represent forward defense of our security interests by slowing the virus’s rate of mutation. No other action would so clearly […]
This report puts forward a set of policies that should be part of the next wave of fiscal policy aimed at bolstering individuals and workers, small and mid-sized businesses, and state and local governments during a sustained recovery from the Covid-19 pandemic.
Timothy Bartik of the W.E. UpJohn Institute argues that large and persistent differences in employment rates across U.S. places highlight the need for local economic development policies to better promote cost-effective job creation in distressed areas.
The pursuit of economic opportunity for all Americans is as important to the health of the country’s economy as it is to the strength of its democracy. The promise that hard work and determination will yield economic success is a central American ideal, but it has been called into question as secular economic forces and institutional changes have reshaped the American economy and had an uneven impact on Americans’ ability to prosper.
Amidst a resurgence in COVID-19 caseloads and continuing economic devastation from the pandemic, we urge Congress to enact legislation that focuses on the core measures necessary to provide additional fiscal relief as quickly as possible and no later than the end of this calendar year.
ROBERT E. RUBIN served as United States Treasury secretary from 1995 to 1999 under President Bill Clinton. He began his career in finance at Goldman, Sachs & Company and ultimately served as co-chairman. Rubin joined the Clinton administration in 1993 as the first director of the White House National Economic Council. He served as a […]
BRIAN MOYNIHAN leads a team of more than 200,000 employees dedicated to making financial lives better for people, companies of every size, and institutional investors across the United States and around the world. Bank of America has been recognized as a leader in financial services, including on Fortune magazine’s list of The Best Big Companies […]