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New Jobs with a Future: Six Ideas for Harnessing Technology to Create Good Work for Americans

by Dr. Michael Mandel, Chief Economic Strategist

The Covid Recession has accentuated labor market inequality, with some professions and occupations doing as well or better than before the pandemic hit. Employment in business and financial jobs, for example, is up 7 percent in the third quarter of 2020 compared to a year ago. Transportation and material moving jobs are up as well, aided by gains in ecommerce. Meanwhile personal care and service jobs are down 42 percent, and food preparation and service jobs are down 25 percent.

In this paper we outline six ideas for harnessing technology to create good jobs with a future—not just for college graduates, but for everyone. These are all proposals that could garner support from both Democrats and Republicans. The terrible tragedy of the pandemic is also an opportunity to reset the labor market, and envision a world where individual workers can build on their growing experience, knowledge, and skills make them more productive and earn them higher pay.

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Biden Can Quickly Improve U.S. Health Care

by Arielle Kane

So many of the good health-care proposals that President-elect Joe Biden made during his campaign — to expand insurance subsidies, lower the Medicare eligibility age, create a national public insurance option — now appear difficult to achieve unless his party can, against the odds, take control of the U.S. Senate after two special elections in January.

 

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Cracks in the Great Stagnation

by Caleb Watney

For the last 60 years, we’ve seen consistently low productivity growth rates in the US and across the Western world. Meanwhile, recent scientific discoveries seem to be less fundamental to our understanding of the world than previous breakthroughs have been. While the growth of digital technology has been tremendous since the 1990s, it’s the only significant part of our world that seems to have been changing.

 

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Are Drug Prices Really Soaring?

by Dr. Michael Mandel 

A lot of attention and a bevy of proposals have focused on the rising cost of drugs, among all Americans, including older adults covered by Medicare.

But are these costs really rising as fast as people think? Or is the concern over drug spending due to something I call the prescription escalator?

 

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District-Charter Partnerships Offer Another Route to Charter Expansion

by David Osborne

Taxpayers own public school buildings, which should be available to all public school students. But as charter operators know, that’s not the reality. Access to affordable school buildings is one of the biggest obstacles to expanding charter schools. Yet in many of our cities, school districts have empty or half-empty buildings.

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