PLUS: Innovating High-Speed Rail, supporting working families, and the Child Tax Credit.

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What's our Transatlantic Response to China?
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During his recent trip to Europe, President Biden stressed that the world’s liberal democracies are locked in a “strategic competition” with China for economic and political leadership. The United States and Europe need to forge a united front to meet the multifaceted challenge from China, including economic nationalism and predatory trade practices; harsh domestic repression of individual liberties and human rights; militarization of the South China Sea; and Beijing’s aggressive attempts to intimidate and silence critics around the world.

Last week, PPI brought together U.S. Representatives Gerry Connolly and Ami Bera and MEP Reinhard Bütikofer for a timely dialogue on these important issues, and how to craft a stronger transatlantic response to China.

Watch the livestream today!
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** ☑New from the Experts
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** > The Cost of Medicare Expansion
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PPI's Ben Ritz writes for Forbes on the $3.5 trillion budget blueprint unveiled by Senate Democrats last week, which includes a costly expansion of Medicare paid for entirely by young Americans. Read his latest piece on how that could hurt our fiscal health.
→ Forbes ([link removed])


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> Let's Innovate to Get Back on Track
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The Center for New Liberalism's Colin Mortimer recently penned an Op-Ed for New York Daily News on how we can more efficiently and affordably expand our high-speed rail lines. The American Jobs Plan proposes $49 billion in public transit spending, which could revolutionize travel in America for the better...if we do it right.
→ New York Daily News ([link removed])


** > What's Driving Washington's Economy?
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Pop quiz: What U.S. state had the largest gain in total wages and salaries between 2015-2020? If you guessed Washington, you're correct! Dr. Michael Mandel digs into the data, and shows readers which sector is providing the biggest job and wage gains. Hint: think about how you're viewing this email.
→ PPI ([link removed])



** > You Need to Calm Down
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PPI's Alec Stapp wrote a new blog on the recent discussions about inflation, and our overall economic health. The prognosis: There's little cause for concern based on market forecasts of future inflation.
→ PPI's blog ([link removed])



** > The Big Question of the Week
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Ben Ritz has a new piece for Forbes about Congress's big challenge of the week: How are we going to pay for these infrastructure bills? Ahead of the Senate's vote on a budget resolution, read his concerns and his solutions.
→ Forbes ([link removed])


** 📽️ Social Media
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** > PPI's Director of Social Policy, Veronica Goodman, Interviews the Experts
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→ Stephanie Malia-Krauss, Author of Making It: What Today's Kids Need for Tomorrow's World
In late June, PPI's Veronica Goodman sat down with Stephanie Malia-Krauss - an educator, social worker, researcher and writer - to discuss her new book, Making It: What Today's Kids Need for Tomorrow's World.
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→ Aaron Sojourner, Labor Economist and Associate Professor of Economics at University of Minnesota
In late May, PPI's Veronica Goodman spoke with Aaron Sojourner, Labor Economist and Associate Professor of Economics at University of Minnesota's Carlson School of Management to discuss his new report, "Increasing Federal Investment in Children's Early Care and Education to Raise Quality, Access and Affordability."
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→ Maya Rossin-Slater, Professor at Stanford University
In April, PPI Director of Social Policy Veronica Goodman spoke with Professor Maya Rossin-Slater, a paid leave expert at Stanford University, about her latest paper, "The Impact of Family Leave on Employers: Evidence from New York."
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📊 Don't Miss These PPI Reports
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In recent years, large firms across the economy have made huge investments in new information technologies. Some of these investments, however, have negatively impacted society. Social media platforms, for example, have significantly contributed to the spread of misinformation. In this report by James Bessen explores how policy can be used to increase productivity and mitigate the negative effects associated with new information technologies.

READ HERE ([link removed])
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For most of the 20th century, America's manufacturing industry was the paradigm for generating jobs through innovation. In the 21st century, the tech-ecommerce industry has claimed this title. In this paper, PPI's Dr. Michael Mandel analyzes the historical role that manufacturing has played in job creation and concludes that the tech-ecommerce ecosystem is as economically important to overall job growth today as manufacturing was during the postwar period.

READ HERE ([link removed])
📰 Hot Off the Press



** > PPI On Your TV
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In an interview with New York Now, PPI's Director of Tech Policy, Alec Stapp, explained how the Biden Administration's proposed antitrust legislation will hamper technological and economic innovation.
→ New York Now ([link removed])



** > PPI On Your Radio
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PPI's Caleb Watney joins Good Mornings with Bilal Vakani on Sirius XM's Canada Talks to discuss his paper, "Attracting (and Keeping) the Best and the Brightest," which argues that Congress must create a system that attracts highly-skilled immigrants.
→ Sirius XM Canada Talks ([link removed])


** > Innovation in Transportation
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The New York Daily News published PPI's Colin Mortimer's opinion piece on how innovation in High-Speed Rail is critical if we're going to expand public transportation in the next infrastructure bill.
→ New York Daily News ([link removed])


**
> A Global Event
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In their Global Translations Newsletter, Politico mentions PPI's recent event, A Transatlantic Response to the China Challenge, with Representatives Gerry Connolly, Ami Bera and MEP Reinhard Bütikofer.
→Politico ([link removed])



** > Climate News
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The Washington Post recently interviewed Paul Bledsoe to discuss the climate elements in Biden's recent budget proposal, and if they are in alignment with the policies he promised during his campaign.
→ The Washington Post ([link removed])

The Washington Examiner sat down with PPI's Paul Bledsoe to discuss the Democratic Party's recent proposal of a carbon tax on imports.
→ The Washington Examiner ([link removed])

PPI's Paul Bledsoe talks China and carbon emissions with the Washington Examiner.
→ The Washington Examiner ([link removed])


** 🚩Don't Miss This
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** > Applications are NOW OPEN for the Mosaic Economic Project's September Women Changing Policy Workshop!
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The Mosaic Economic Project ([link removed]) application process is now open for the September 2021 Women Changing Policy ([link removed]) workshop, scheduled for September 13-15, 2021.

Previous workshops have included candid conversations with influencers in public policy, including leaders and representatives from Congress, the media, and other experts from policymaking ecosystems.
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** > Mosaic is Hiring!
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The Mosaic Economic Project is looking for a full-time Program Manager! To apply, send PPI a cover letter, resume, and 1-2 writing samples to [email protected].

Know someone who would be a good fit?
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📱In Your Newsfeed
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