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2 months ago | 
progressivepolicy.org | Ed Gresser |Will Marshall |Max Sherrill
From our Budget Breakdown series highlighting problems in fiscal policy to inform the 2025 tax and budget debate. President Trump spent the first full week of his second term in office rolling out a series of executive actions aimed at radically reshaping the federal workforce.
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Oct 16, 2024 | 
progressivepolicy.org | Ed Gresser |Max Sherrill
FACT: U.S. Constitution: “Congress shall have Power to lay and collect Taxes, Duties, Imposts, and Excises.”THE NUMBERS: Tariff collection 2018-2024 –Congressionally authorized “MFN” tariff system: $216 billionAdministratively created “301” and “232” tariffs: $249 billionWHAT THEY MEAN:The 2024 election’s core questions are more basic than policy choices.
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Oct 9, 2024 | 
progressivepolicy.org | Ed Gresser |Max Sherrill
Trade Fact of the Week: Pennsylvania produces 1.5% of all world energy. By: / 10.09.2024 FACT: Pennsylvania produces 1.5% of all world energy.
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Oct 2, 2024 | 
progressivepolicy.org | Ed Gresser |Max Sherrill
Trade Fact of the Week: Is U.S. income inequality starting to decline? By: / 10.02.2024 FACT: Is U.S. income inequality starting to decline?
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Sep 18, 2024 | 
progressivepolicy.org | Ed Gresser |Max Sherrill
FACT: “Sometimes countries make big and fateful choices … and sometimes their big and fateful choices go badly wrong.” THE NUMBERS: U.S. hourly-wage and comparable workers, 2023* – Total Employed: 161.0 million Hourly wages or equivalent 80.5 million “Industrial” hourly-wage workers** 15.7 million “Non-industrial” hourly-wage workers 64.8 million * Bureau of Labor Statistics, full-year averages ** “Industrial” includes 8.9 million manufacturing workers, 5.7 million in construction, 0.3...
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Sep 18, 2024 | 
progressivepolicy.org | Ed Gresser
IntroductionSometimes countries make big and fateful choices, and one is coming soon. Eighty years after the birth of postwar liberal internationalism, with its system of alliances among democracies, trade liberalization, and international law, Donald Trump’s 2024 campaign aims to recreate the policies of Franklin Roosevelt’s isolationist predecessors and opponents.
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Sep 11, 2024 | 
progressivepolicy.org | Ed Gresser |Max Sherrill
ABOUT EDEd Gresser is Vice President and Director for Trade and Global Markets at PPI. Ed returns to PPI after working for the think tank from 2001-2011. He most recently served as the Assistant U.S. Trade Representative for Trade Policy and Economics at the Office of the United States Trade Representative (USTR). In this position, he led USTR’s economic research unit from 2015-2021, and chaired the 21-agency Trade Policy Staff Committee.
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Sep 4, 2024 | 
progressivepolicy.org | Ed Gresser |Max Sherrill
FACT: Trump-era tariffs raised prices but did not ‘bring manufacturing back’. THE NUMBERS: Manufacturing share of U.S. GDP –YearPercentage202310.3%202010.1%201610.9%WHAT THEY MEAN:Here’s Vice Presidential candidate Senator J.D. Vance, pitching higher tariffs in late July and saying no price for toasters would be too high.
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Aug 28, 2024 | 
progressivepolicy.org | Ed Gresser |Max Sherrill
Trade Fact of the Week: World infant mortality rate cut by half since 2000; in the U.S., by only 22%. By: / 08.28.2024 FACT: World infant mortality rate cut by half since 2000; in the U.S., by only 22%.
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Aug 21, 2024 | 
progressivepolicy.org | Ed Gresser |Max Sherrill
Trump 2024 platform.… from the Lewis Carroll Society, Alice in Wonderland & Alice Through the Looking-Glass:VP Harris in North Carolina, with the tariff passage about a third of the way in. Three analyses:Out last Thursday, the Tax Policy Center’s $1,820-per-family estimate. Former White House economist Brendan Duke at the Center for American Progress. Mary Lovely and Kimberly Clausing for the Peterson Institute on International Economics.
