Full Employment: How Can We Get There and Stay There? Why Does It Matter?
The Full Employment Project hosted an event today featuring a keynote speech by former Federal Reserve Board Chairman Ben Bernanke and a discussion of leading economists about policies that can help restore and maintain full employment. Video
In conjunction with this event, the Center released five papers by economists on how to start the nation on a path back to full employment:
- Book Summary: The Reconnection Agenda: Reuniting Growth and Prosperity
By Jared Bernstein
- Strategies for Full Employment Through Reform of the Criminal Justice System
By Maurice Emsellem and Jason Ziedenberg
- The Impact of Full Employment on African American Employment and Wages
By Valerie R. Wilson
- Monetary Policy for a High-Pressure Economy
By Laurence Ball
- Labor Market Slack and Monetary Policy
By David G. Blanchflower and Andrew T. Levin
Congressional Budget Debate
Congressional Budget Plans Get Two-Thirds of Cuts From Programs for People With Low or Moderate Incomes
The House and Senate budget plans each cut more than $3 trillion over ten years from programs that serve people of limited means. These deep reductions amount to 69 percent of the cuts to non-defense spending in both the House and Senate plans. Read more.
Congressional Republicans are using complicated — and likely poll-tested — language to make their budget plans’ deep spending cuts and dramatic structural changes in key programs for low- and moderate-income people sound benign and even positive.
While it’s common practice for lawmakers to use language that puts their plans in the best possible light, it’s important to understand exactly what they mean. Read more
For additional analysis of the House and Senate budget plans, read our roundup here.
More: Budget Analyses
The compromise that the House has passed isn’t perfect. It would be better if policymakers fully offset the repair of the physician payment formula (known as the sustainable growth rate, or SGR) and extended CHIP for four years rather than two.
An effort should, and surely will, be made in the Senate to strengthen the CHIP component of the package by extending the program for four years. Read more
- House Bill Makes Permanent Medicare Premium Assistance for Low-Income Beneficiaries
- House Bill to Extend Children’s Health Funding Would Ease Pressure on States
- Health Analyses
New From the Center
March 25, 2015
Updated March 25, 2015
Updated March 24, 2015
March 23, 2015
Lessons Churned: Measuring the Impact of Churn in Health and Human Services Programs on Participants and State and Local Agencies
March 20, 2015
- View All
Center in the News
The Misguided Crusade to Kill the Estate Tax
US News and World Report
March 27, 2015
March 27, 2015
March 26, 2015
March 24, 2015
This is no way to ease inequality