Metro Policy
Recovering Phoenix Rising Though Old Tricks
Needed: Efforts to Manufacture a Recovery
Though Washington can’t seem to get enough of it, the debt and deficits fixation continues to feel pretty theatrical. Far scarier, by contrast, is the state of the economy. Notwithstanding some positive signs in the housing and construction sectors, the drifting economy remains troubled. Real domestic product has been growing at tepid rates below 2 percent per year. Pay remains stagnant for most workers. And for that matter the number of poor and near-poor people in America has skyrocketed from 81 million in 2007 to 107 million in 2011—nearly one-third of the nation’s population. READ MORE >>
New State Data Show EITC’s Widespread Anti-Poverty Impact
Amid Cuts, Invest in Innovation
Contrary to the claims of some politicians and pundits, we can’t cut our way to a strong economy. We need to get our fiscal house in order, to be sure. But we also need to invest in those key areas that can help boost the nation’s growth, which is still the best way to erase the debt. Which is why, in the midst of its fiscal struggles, Congress should move forward on the permanent authorization of a simpler and more generous research and experimentation (R&E) tax credit. READ MORE >>
The Migration Gift Exchange: Financial Flows from America’s Immigrants
This past Tuesday was International Migrants Day, declared by the United Nations to honor the contributions and sacrifices that international migrants make to both their destination and origin countries. As I’ve written previously, migrants are “economic ambassadors” that contribute to the growth of two economies simultaneously because they are more likely to be sending remittances--personal flows of money sent across inter READ MORE >>
Sandy Recovery: The Case for Disaster Bonds
With Patrick Sabol READ MORE >>
Cut the Mortgage Tax Break, Invest in R&D
As tax hikes and spending cuts loom, we at the Metro Program will continue to harp on the need also to renew the economy. Put simply, U.S. economic strength and fiscal health requires that Congress cut and invest to catalyze economic renewal even as it moves the nation toward fiscal stability. READ MORE >>
How Global Cities Adapt to Global Change
Moving around (or trying to move around, at least) the city of São Paulo this week, spending time with the State Secretariat of Metropolitan Development, and visiting the port of Santos, it doesn't take too much insight to see that better transportation infrastructure is critical for the future global competitiveness of the entire São Paulo metropolitan region. READ MORE >>
No Global Safety Net if U.S. Jumps Off the Fiscal Cliff
Moving São Paulo Locally and Globally
with Joseph Parilla Sitting again in São Paulo's deadly rush hour traffic this morning, one has to wonder: Where are all these people going? READ MORE >>
