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The Roosevelt Institute recently launched the Climate and Economic Transformation program, which will research and promote government’s affirmative role as a public provider and the rules and institutions necessary for healthy, equitable governance. The program will focus on using these tools of economic transformation to address many problems in the US and beyond, including the
FOR IMMEDIATE RELEASE:March 26, 2019 CONTACT:Ariela Weinberger, firstname.lastname@example.org Lessons from the Past: WWII and the Fight Against National Crises New report shows that America’s economic mobilization during World War II offers a useful model for the government to fight crises from coronavirus to climate change New York, NY—Today, with a health crisis putting millions of
We are facing an unprecedented economic crisis, and the government must take on a larger role in our economy. In response to the coronavirus, the unthinkable is quickly becoming thinkable. As of March 24, 2020, Congress is considering a $2 trillion stimulus; a $1,200 grant to all Americans; bailouts of firms facing bankruptcy; suspension of
The current economic crisis is fast-moving, and many of the challenges we are facing—and anticipating—are unprecedented. Though the immediate effects of the coronavirus may spark a potential recession, our economy’s underlying structural problems mean that the fallout will likely be much worse and last longer for millions of people unless we act quickly and aggressively.
FOR IMMEDIATE RELEASE:March 23, 2019 CONTACT:Ariela Weinberger, email@example.com STATEMENT: Roosevelt Institute Responds to Student Debt Emergency Relief Act New York, NY—President Donald Trump announced on Friday that he will allow a two-month reprieve from paying student loans for the nation’s more than 42 million federal student loan borrowers during this national emergency. Today, Rep. Ayanna
The recent bill introduced by Senate Majority Leader Mitch McConnell tries to stem the current economic crisis. In a previous document, “A Forward-Thinking Response to the Coronavirus Recession,” we outlined five elements that any response needs to include: (1) Help people directly by providing cash, (2) support workers, (3) help states and municipalities, (4) prevent
As millions face unemployment and dire financial prospects amid the coronavirus pandemic, hotels, airlines, and other large corporations are repeating the script of 2008: asking for massive public bailouts after years of extractive shareholder payments. Before the government buoys these companies with the public’s money, we must ensure that they are resilient in the future
COVID-19 represents both a public health emergency and an economic crisis. While federal, state, and local governments must take strong steps to stem the spread of the virus — from continuing to close schools, restaurants, and workplaces and limit the size of gatherings, to ensuring that everyone has access to health care and can be
If the experience of the last recession is a guide, avoiding a severe downturn will take far more stimulus spending than is currently being discussed—as much as $3 trillion. The coronavirus is, first and foremost, a public health crisis. The most immediate questions it poses are how to keep it from spreading, and how to
The coronavirus outbreak has led to a collapsing economy. The economic situation is deteriorating so fast that people are struggling in real time to understand fundamental questions and policy objectives. “A Forward-Thinking Policy Response to the Coronavirus Recession” is an overview of where things stand. We focus on the nature of the economic crisis, and