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Title: Expanding Economic Opportunity for More Americans Bipartisan Policies to Increase Work, Wages, and Skills
Citation Type: Miscellaneous
Publication Year: 2019
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Abstract: The American economy is stronger today than it has been in many years. At the time of this writing, jobs are plentiful and the country’s economic expansion is the second-longest on record. But our nation’s economic performance has not been even, and prosperity is not as widespread as it once was. Many workers today find themselves lacking the skills and training necessary to thrive in the modern economy. Millions of men and women are missing from the workforce altogether. Most low- and middle-income workers have not seen meaningful wage increases in many years. These challenges stem from profound shifts in the American economy. Technological innovation and globalization have displaced millions of jobs, while our polarized political system has failed to help workers keep up with the pace of change. The result is rising frustration with American politics, a populist backlash, social fragmentation, and a sense that the “American Dream” is becoming more and more elusive. What is to be done? We believe the time is ripe for new approaches to both policy and politics. Political leaders must unite around tangible, bipartisan solutions to address wage stagnation, encourage work, and upskill our workforce. To be clear: there are no silver bullet solutions to these problems. On some issues, political polarization will preclude big solutions. Nevertheless, we see many opportunities for both sides to come together and make real progress. Evidencebased, bipartisan solutions rarely capture headlines, but they do exist, and should be embraced by those who are serious about solving our . . .
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Authors: Paulson, Henry M.; Bowles, Erskine
Publisher: The Aspen Institute
Data Collections: IPUMS CPS
Topics: Labor Force and Occupational Structure, Other
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