Competitiveness

  Kristin Kent Spanos and Nicholas Saliba at the George W. Bush Presidential Center: As governments, businesses, and think tanks review the efficiency and resiliency of North American supply chains—many impacted by COVID-19— The George W. Bush Institute-SMU Economic...

Deficits and Debt After the Rescue

From the Committee for a Responsible Federal Budget:   Now that the American Rescue Plan Act has been signed into law, the federal deficit is on course to exceed $3 trillion this year, with debt reaching a new record as a share of the economy.   In February,...

The Cost of Protectionism

Phil Gramm and Pat Toomey at WSJ: While manufacturing jobs declined from 32% of total employment in 1953 to 8.7% in 2015, manufacturing as a share of real gross domestic product has remained virtually constant due to increases in productivity. As Mr. Trump found when...

Fiscal Debt, Idea Deficit

Jonathan Bydlak at LegBranch.org: [As] we come out of the economic and public health hellscape of the last year, the potential for a new crisis is beginning to rear its ugly head. The haunting fiscal picture that the coronavirus has left in its wake was summarized in...