Public investment at the scale of today’s crises. View this in your browser and share with your friends. <[link removed]>



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The Era of Large Numbers



With the American Rescue Plan now law, the Biden administration is preparing a major, more permanent follow-up: $3 trillion in investments <[link removed]> to create jobs, tackle the climate crisis, and upgrade the nation’s physical and social infrastructure in long-overdue ways.It’s the “Era of Large Numbers <[link removed]>,” as Roosevelt Director of Progressive Thought Mike Konczal calls it—a moment in which spending at the scale of our problems is popular <[link removed]>, doable <[link removed]>, and necessary <[link removed]>.



And Roosevelt is ready. 



From green transit and energy-efficient housing retrofits to free community college and rural broadband, the Biden administration’s proposals reflect policy ideas and frameworks Roosevelt experts have recommended for years.



Catch up:



- A True New Deal: Building an Inclusive Economy in the COVID-19 Era <[link removed]>- Roosevelt Institute



- A Green Recovery: The Case for Climate-Forward Stimulus Policies in America’s COVID-19 Recession Response <[link removed]> - Rhiana Gunn-Wright, Kristina Karlsson, Kitty Richards, Bracken Hendricks, and David Arkush



- Economic Recovery Begins at Home: Retrofitting US Housing Stock for Jobs, Health, Savings, and the Climate <[link removed]> - Bracken Hendricks, Kara Saul Rinaldi, Mark Wolfe, Cassandra Lovejoy, and Wes Gobar



- A Progressive Framework for Free College <[link removed]> - Suzanne Kahn





- Wired: Connecting Equity to a Universal Broadband Strategy <[link removed]>- Rakeen Mabud and Marybeth Seitz-Brown











Shared Work



Over a year since COVID-19 struck, employment and labor force participation rates are still well below pre-pandemic levels—particularly for Black people <[link removed]> and women <[link removed]>.

In a new issue brief, Roosevelt Fellow Kitty Richards and Program Manager Emily DiVito explore one underused solution: Short-Time Compensation (STC), also known as “Shared Work.” 



Shared Work programs allow employers to avoid layoffs by temporarily reducing hours for all workers, and then partnering with states to provide prorated unemployment insurance benefits to replace lost wages. 



"Because Shared Work programs can help employers guard against dramatic layoffs, workers most vulnerable to changing economic conditions—namely women and workers of color, who continue to lose jobs at rates alarmingly higher than white men—are primed to disproportionately benefit from such programs," Richards and DiVito explain. 



"Even under ordinary economic conditions, Shared Work programs are beneficial. Now that federal relief and recovery legislation has enhanced them, they’re an even more powerful tool, and could help states prevent mass layoffs, direct federal dollars to workers, and save state budgets billions in avoided unemployment payments."Learn more. <[link removed]>



2021 Distinguished Public Service Awards



Earlier this week, Roosevelt hosted the first virtual version of the Distinguished Public Service Awards <[link removed]>, which honor individuals whose careers exemplify FDR's extraordinary dedication to public service. This year’s recipients were Rep. Frank Pallone (D-NJ)—Chair of the House Energy and Commerce Committee—and AFL-CIO Secretary-Treasurer Elizabeth Shuler.

“With boldness of vision and extraordinary courage, Franklin Roosevelt led our nation out of a grave crisis and into a future of fairness, justice, and dignity for all,” House Speaker Nancy Pelosi said in her introduction of Rep. Pallone. “That is an example that we need today.”



Watch the ceremony—featuring musical performances by Steve Earle—now. <[link removed]>







What We’re Reading

Eleanor Roosevelt's Granddaughter on What She Was Like outside the Spotlight [interview with Anne and Tracy Roosevelt] <[link removed]> - The Today Show



The Amazon Union Drive and the Changing Politics of Labor <[link removed]> - The New Yorker



Here’s Why the Filibuster Is a Jim Crow Relic <[link removed]> - New York Magazine



Biden Plots a Revolution for America’s Children <[link removed]> - New York Times



7 Ways America's Economy Could Change Forever under Biden, from a Top Economics Professor [feat. Roosevelt’s J.W. Mason] <[link removed]> - Business Insider











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