The tide of economic growth no longer lifts all boats. Half of Americans have seen no growth in their incomes since 1980. The government did very little to help those left behind the tide of rising economic inequality. Maybe it’s time to consider a fresh approach to creating economic opportunity – what if we all

Last Monday, Democratic Senate leadership expressed their concerns over the president’s recent tax cut proposal in a joint letter to Treasury Secretary Steve Mnuchin and Office and Management and Budget Director Mick Mulvaney. Their letter correctly criticized the plan’s lopsided benefit to the top 1 percent and pointed out the threat it would pose to

The People’s Climate March in April reminds me how far we’ve come in understanding that climate change is deeply tied to another ominous 21st threat: economic and social inequality. Even in the U.S., one of the largest contributors of greenhouse gas emissions, we are beginning to recognize that there are and will be vast climate

The following remarks were delivered to a congressional panel by Roosevelt Fellow Todd Tucker on May 3, 2017. Good afternoon, Leader Pelosi, Co-Chair DeLauro, Co-Chair Swalwell, and esteemed members of the Committee. Thank you for the chance to share some assessments on trade opportunities and challenges as you look to shape a better future for

Education is the cornerstone of the American dream: Study hard, earn a degree, and your work will be rewarded. Lee Hall, a university professor who holds two law degrees, is still waiting for his rewards. Teaching five undergraduate and law school courses per semester, Hall makes an annual salary of $15,000—less than a pet-sitter, he

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On Wednesday, CEA Chair Gary Cohn and Treasury Secretary Steve Mnuchin unveiled their fourth attempt at a major tax reform plan, and it is really, really bad. So bad that even the conservative folks over at the Tax Foundation—generally fans of all things tax cut—think it’s a bad idea. The plan would represent a massive boon to the

Originally published at Equitable Growth. “Equitable Growth in Conversation” is a recurring series where we talk with economists and other social scientists to help us better understand whether and how economic inequality affects economic growth and stability. In this installment, Equitable Growth’s Executive Director and Chief Economist Heather Boushey talks to Brad DeLong of the

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“It’s everything related to jobs… shipyards, ironworks, get them all jacked up. We’re just going to throw it up against the wall and see if it sticks.” -Donald Trump Amid discussion of the Trump administration’s plans for bringing back manufacturing, we should not lose sight of one of the best opportunities for job creation: investing

Senior Economist and Roosevelt Fellow Marshall Steinbaum’s statement on Trump’s tax plan: Trump’s proposal to cut corporate tax rates won’t boost growth or create jobs. In fact, it will discourage corporate investment, as corporations and their shareholders earn even higher profits and pocket more of the cash–just like they did last time we tried a

Well, 4/20 came and went, and it seems we have evidence that at least one member of the Trump administration celebrated the holiday. That’s the innocent explanation, anyway. Last week, during remarks at an event hosted by the Institute of International Finance, Treasury Secretary Steven Mnuchin tacked yet another indefensible, empty promise onto the administration’s