Economic Policy

The challenges facing the global economy are daunting and prompt a host of high-stakes discussions about appropriate policy responses. In the United States, debates continue about the declining manufacturing sector, the impact of immigration on low-wage workers, the extent to which free-trade agreements are beneficial, the health and status of the American Dream, the long-term consequences of a weak U.S. dollar, and the effectiveness of the tax code in confronting these new dynamics. Policy makers are also considering the proper role for government in engaging in, and regulating markets, and the need for fiscal discipline in an increasingly constrained environment.

America’s position in the global economy is fundamentally interconnected to the financial conditions and prospects of other countries. As evidenced by continuing volatility in world markets, the policy choices we make in the United States have profound effects on nations and people around the world.

Pew’s economic policy group combines a belief in the importance of upward mobility and the power of the market economy, with an understanding offered over two centuries ago by Alexander Hamilton that the market “may be beneficially stimulated by prudent aids and encouragements on the part of the government.” In this spirit, we promote policies and practices that strengthen and ensure the future competitiveness of the U.S. economy by cultivating new bipartisan coalitions, informing critical national debates and striving toward meaningful policy change.

  • American Dream Program

    For more than two centuries, economic opportunity and upward mobility have formed the foundation of the American Dream, and remain at the core of our nation’s identity. This program focuses on the facts and trends relating to economic mobility and identifies policies that may enhance economic progress.
  • Fiscal and Budget Program

    This program elevates fiscal responsibility as a primary element of federal executive and legislative leadership, promotes reforms to the budget process that enable greater transparency and supports policies that are critical to ensuring the nation’s long-term economic health.
  • Markets Program

    By developing a robust fact base that captures the extent to which the federal government is involved in various aspects of the economy, the Markets Program quantifies the impact of that commitment, shines a spotlight on examples of waste and promotes policies to increase efficiency.

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