It was a big week for Congress beyond impeachment, and the lessons Democrats should take from the U.K.'s consequential election. Friday, December 20th, 2019 ICYMI: PPI's 2019 Investment Heroes by Michael Mandel, Chief Economic Strategist | Elliott Long, Senior Economic Analyst Despite broader trends, some companies stand out for their multi-billion investments in America. Since 2012 the Progressive Policy Institute has provided unique and unmatched estimates of domestic capital spending for individual major U.S. companies. READ THE REPORT Britains Warning to American Democrats By Will Marshall, President of PPI British Prime Minister Boris Johnson’s thumping victory last week confirms that 2016 was a political watershed. It marked the beginning of a new political alignment that is rewriting the rules of party competition here and abroad. That was the year voters stunned the UK political establishment by voting narrowly to leave the European Union. Then followed Donald Trump’s equally shocking election. Both votes highlighted new political divides based on culture, identity and geography, as well as the waning relevance of old left-right debates. So far, conservative parties have adapted to this changing landscape better than progressive parties. That’s why it’s crucial that Democrats come to terms with why Britain’s Labour Party, led by Jeremy Corbyn, was routed last week. The Trillion-Dollar Question Missing From The Presidential Debate Ben Ritz, Director of the Center for Funding America's Future, for Forbes Congress voted this week for a $1.9 trillion tax and spending deal, over a quarter of which was added to our $23 trillion national debt. Thanks to this and other fiscally irresponsible legislation signed into law by President Donald Trump, the federal government will run an annual budget deficit of over $1 trillion this year and every year that comes after it. Yet of over 500 questions asked throughout six presidential debates, not a single one has raised the issue. READ MORE Buttigieg Is Right: Not Every Program Can Be Universal. So Which Should? Brendan McDermott, Fiscal Policy Analyst Our limited power to raise tax revenue, those who want to make some programs universal — as well as those who want to criticize other candidates’ universal program proposals — need to justify or critique universality on an issue-by-issue basis, not on its general merits. READ MORE #DemDebate: The Democrats Should Talk About This Tonight Dane Stangler, Director of Policy Innovation In all likelihood, of course, this question won’t be asked and entrepreneurship will barely be mentioned. More attention will be paid to the labor issues that almost derailed the debate. Yes: unions and the minimum wage should be topics of discussion. But, without the businesses to employ union workers and pay higher wages, those issues are moot. READ MORE Attention Democrats: UK Elections Not Only Cautionary Tale from Europe Jason Gold, Senior Fellow Ahead of the #DemDebate in Los Angeles, Democrats can draw useful lessons from last week's #UnitedNations Conference of Parties (COP25) in Madrid, which by all accounts failed to kickstart progress toward implementing the Paris Climate Accords. READ MORE ‌ ‌ ‌ ‌ Progressive Policy Institute | 1200 New Hampshire Ave. NW, Suite 575, Washington, DC 20036 Unsubscribe [email protected] Update Profile | About Constant Contact Sent by [email protected] in collaboration with Try email marketing for free today!