Mobility Across Generations
The fraction of children who earn more than their parents has decreased over time.
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The fraction of children who earn more than their parents has decreased over time.
The pandemic exposed major U.S. healthcare issues, but key lessons can help improve the system going forward, according to two leading experts.
“Rising interest rates mean rising interest costs, and Americans understand that’s a major problem for a country that’s $30 trillion in debt,” said Michael A. Peterson, CEO of the Peterson Foundation.
https://www.pgpf.org/press-release/2022/03/fci-press-release
Deficits would be even higher under an alternative fiscal scenario.
Medical spending increases rapidly with age.
https://www.pgpf.org/chart-archive/0020_medical-spending-by-age
The federal debt is on an unsustainable path
Federal debt would grow rapidly if current policies were continued.
https://www.pgpf.org/chart-archive/0300_debt_current_policies
Most infrastructure spending in the United States comes from state and local governments
https://www.pgpf.org/chart-archive/0274_federal_state_local_infrastructure_spending
State and local governments outspend the federal government in every infrastructure category
https://www.pgpf.org/chart-archive/0275_infrastructure_spending_by_category