An analysis of the proposed health care plans of the two major parties' presidential candidates estimated the likely effects of each policy relative to the ACA in 2018 on the number of people covered, consumer out-of-pocket spending, and the federal deficit.
The enormous benefits of trade include economic growth, more variety for industry and consumers, and lower prices. But trade can displace some American workers. Training programs, relocation assistance, and wage insurance can help.
When people live longer, the costs of Social Security and Medicare increase and threaten the sustainability of these programs. Households also worry about how to finance more retirement years. But people are working longer, and if they continue to do so, they will reduce some of the problems.
Three trends have important implications for the future of work: a shifting demography toward older workers, more women, and more diversity; continuing technological change that will increase the demand for skilled workers; and increased globalization.
Young Americans without a college education suffer from high unemployment, low earnings, and delayed adulthood with a limited ability to buy a home. To help them, policymakers need to remind themselves that workforce training and labor policy must focus on the technology-driven jobs of tomorrow.
Establishing a system in which two reserve currencies compete with each other to affect global decisions about reserve holdings may lead to greater financial stability than the present dollar-dominated system.
High schools and universities should work together, with the support of policymakers, to develop programs that would provide a wider spectrum of U.S. students with the opportunity to take a purposeful gap year—and enter college with some real-world adult experience behind them.