Policy Options for Improving Economic Opportunity and Mobility
Jun 4, 2015
America’s economic recovery is finally taking hold and current deficits are down from the record highs during the recession. At the same time, far too many American families are being left out of the recovery, and our nation still faces an unsustainable long-term fiscal outlook. Lower unemployment and improvements in growth are fueling renewed optimism, yet the nature of the recovery is uneven and the longer term trends of income stagnation are of great concern. On everyone’s minds is the questionable state of opportunity in America.
In the interest of enriching the discussion on the state of economic opportunity in America today, the Peter G. Peterson Foundation asked two experts, representing different viewpoints, to recommend policy options to foster greater economic opportunity and mobility.
In a new two-volume paper, Policy Options for Improving Economic Opportunity and Mobility, Jared Bernstein of the Center on Budget and Policy Priorities and Scott Winship of the Manhattan Institute, explore policy options that foster greater economic opportunity and mobility, specifically considering what they believe to be the most effective role government can play in achieving these goals.
Further Reading
The Federal Government Has Borrowed Trillions. Who Owns All that Debt?
Most federal debt is owed to domestic holders, but foreign ownership is much higher now than it was about 50 years ago.
With $38 Trillion in Debt, Is the U.S. Headed for More Credit Downgrades?
Three successive downgrades of the U.S. credit rating should alarm elected leaders, but our national debt remains on an unsustainable trajectory.
The United States Is Adding to the National Debt Faster Than Ever
The nation’s debt is growing at a historic rate and eclipsing all-time highs.