Next Social Contract Initiative: All Related Content

Losing Middle America?

  • By
  • Lauren Damme,
  • New America Foundation
September 15, 2011

Is the American Dream of opportunity and increasing prosperity out of reach for the average American worker? What is happening to the American middle class? If the labor market ‘polarizes’ into low- and high-income jobs, what does this mean for continuing inequality in America? What does it mean for the American social contract, and the American Dream?

It's Time To Bring Back the Middle Class | Fox Business

September 14, 2011

According to the New America Foundation, middle class jobs 30 years ago made up more than half of the income in the US, and now it's closer to 40%. The news is the worst for men. Forget 1996 - their earnings level is now more like it was in 1978! ...

America Needs To Get its Edge Back | Newsweek

September 11, 2011

Sherle Schwenninger, an infrastructure expert at the New America Foundation, a leading Washington think tank, says that a kind of anti-bigness mindset developed in the 1990s, that era in which the besotting buzzwords were “Silicon Valley” and “West ...

Economists Doubt Payroll Tax Cut Will Create Jobs | San Francisco Chronicle

September 11, 2011

"People have lower expectations of future income to pay debts, and they responded rationally by reducing consumption," said Michael Lind, policy director of the economic growth program for the New America Foundation and a liberal. ...

A World Without 9/11: No President Obama, More China Trouble, Same Debt Crisis

  • By
  • Michael Lind,
  • New America Foundation
September 9, 2011 |

Imagine that the twin towers still dominated the Manhattan skyline. Imagine that the Pentagon's western facade had remained intact. Imagine that there was no reason to build a memorial in Shanksville, Pa. And imagine that the numbers 9 and 11 meant nothing more than an emergency telephone call.

The world changed on Sept. 11, 2001, that much is clear. But how much, and how radically?

The Intellectual Collapse of Left and Right

  • By
  • Michael Lind,
  • New America Foundation
August 23, 2011 |

Democrats and Republicans alike are failing to convince the American people that they have the answer to their country's problems. Underneath, however, lies a deeper intellectual confusion. The two most plausible visions developed by the US centre-left and centre-right – the "knowledge economy" and the "ownership society" – lie in tatters, leaving a void in America's discussion of its economic future.

Can The American Economy Produce More Decent Jobs?

August 11, 2011

While the U.S. credit downgrade and a volatile stock market continue to dominate headlines, the national conversation is beginning to shift back to the difficult challenge of creating jobs.  The New America Foundation is encouraging and advancing that discussion with its Decent Jobs Forum -- an unprecedented collection of analysis and possible answers from 10 leading experts. 

Government Spending Through the Tax Code Is Invisible and Regressive

August 3, 2011

Congress uses the tax code to promote a broad range of policy objectives. Rather than directly spend government revenue on policy programs—or implement new regulation—Congress has enacted a series of tax provisions that effectively subsidize certain politically and socially desirable activities.

These “tax expenditures” take the form of deductions, exemptions, or credits to taxpayers who engage in the targeted activity. From a budgeting perspective, they are treated as foregone government revenue, rather than increased government expenditure.

Yes We Can Create Decent Jobs

  • By Heather Boushey, Senior Economist, Center for American Progress
July 28, 2011

The American economy can produce decent jobs. We know this to be true because it has happened before. Getting back to a decent-jobs economy will require a commitment on the part of policymakers to creating many more middle-skill, middle-wage jobs. While there are important reasons to support the incomes of those at the bottom of the wage distribution, we will not improve the lives of working families without improving and increasing job opportunities in the middle.

A Vision for Economic Renewal

  • By Task Force on Job Creation
July 26, 2011

The economic environment in America today is more dire than most of us have ever known. We are in the midst of an unemployment emergency, in essence a jobless recovery: notwithstanding recent marginal upticks in official U.S. jobs numbers, there will be no fundamental improvement in the unemployment picture unless major new national economic strategy initiatives are taken. Who will step up to drive them forward?

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