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AEI's weekly digest of top commentary and scholarship on the issues that matter most

Old Parkland 2024

Voices from the Rising Black Conservative World

July 27, 2024

For the second time in three years, AEI, in partnership with the Manhattan Institute and Hoover Institution, brought together scholars and community leaders dedicated to solving problems and sharing research contributing to the advancement of black Americans. Watch highlights from the speakers here.

 

 

The speakers at Old Parkland made clear that the GOP has an opportunity to genuinely realign the country with a policy agenda dedicated to addressing decades of Democratic failure in minority communities. But it’s not clear if Donald Trump is capable of taking advantage of that opportunity. Ramesh Ponnuru explains why a second Trump term is at risk of being ineffectual.

 

The specific policies the Trump campaign has articulated, such as the 10 percent across-the-board tariff, could harm the new voters the party is hoping to attract. Analyzing these policies, Desmond Lachman assesses the potential economic consequences of a second Trump term.

 

Most notably, by ruling out entitlement reform, Trump has prevented efforts to address the United States’ unsustainable debt burden. In a new proposal to the Peter G. Peterson Foundation’s 2024 Solutions Initiative, AEI economics scholars Joseph Antos, Andrew G. Biggs, Alex Brill, and James C. Capretta show that the US can still achieve long-term fiscal stability by reducing the federal debt without sacrificing growth—if policymakers act now.

 

This need for fiscal responsibility need not hamstring the urgent need to rebuild our national defense against geopolitical rivals. In testimony before the House Subcommittee on National Security, the Border, and Foreign Affairs, defense expert Mackenzie Eaglen demonstrates how increasing defense investments now and reforming Pentagon procedures can create a long-term cost-saving transformation.

 

Managing Multipolarity: Coalition Building in a Fragmented World

Since the end of World War II, the US has conducted foreign policy in the context of bipolar competition with the USSR or unipolar dominance. Great-power competition with Russia and China is bringing the unipolar moment to a close, but does this mark a return to a bipolar world? In a new AEI report, Zack Cooper and coauthors argue that today’s international order, defined by a large number of pivotal players, is no return to the Cold War but rather has become multipolar. The authors describe the unique features of this multipolar world and lay out a road map for advancing US interests in this environment. Instead of reasserting worldwide primacy or a global democratic alliance, US leaders must embrace new strategies to succeed, especially the art of pragmatic coalition building across security, economics, technology, and governance.

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PODCASTS AND VIDEOS

Biden Out. Harris In.

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How Does a Candidate Dropping Out Affect the Administration of Elections?

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Reviewing the Supreme Court’s Decisions in the NetChoice Cases and Murthy v. Missouri

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QUOTE OF THE WEEK

For the past few years, the American people have watched, and what they have seen is an increasingly feeble and confused man going through the motions of the presidency while, behind the scenes, others make important decisions on his behalf. Now that Biden has dropped out of the race and the mainstream media have pivoted away from questioning his fitness to (ludicrously) hailing his good judgment and character, it is imperative that voters demand some answers about what went on behind closed doors.

Christine Rosen