The Critical Choice in Iraq

WASHINGTON, D.C. - John Podesta and the Center for American Progress today released the enclosed memorandum which provides a strategy forward for Iraq and the Middle East. The memo was sent by John Podesta and policy experts to Congress as a recommendation for future Iraq policy. Click Here to Read the Full Report To: The...

The U.S. Economy in Review: 2006

WASHINGTON, D.C.- One word—slowdown—can define the U.S. economy this past year. Economic growth and job growth both fell in 2006 from previous years as the residential housing boom came to an end. The slowdown in employment growth and economic opportunity was home grown as consumers saw rising debt payments on the record debt built up...

Rebuilding Our Middle Class, One Smart Step at a Time

By Christian E. Weller, Mirra Levitt Americans are increasingly anxious about the economy these days, with good reason. Despite robust economic growth, job growth and wage gains have slowed, benefits have disappeared over the past few years, and families have had to borrow more and more money to make ends meet. Clearly something is amiss...

Mortgage Defaults Add to Middle Class Squeeze

WASHINGTON, D.C. – America’s middle class is already burdened by a trifecta of economic pressures: the labor market is slowing, household debt burdens are reaching new record highs, and interest rates have been creeping higher for most of this year. Now comes a distressing new report from the Mortgage Bankers Association, which reported yesterday that...

The Coming Crisis with Iran

WASHINGTON, D.C. - On Friday, December 15, 2006, the Center for American Progress and The Century Foundation will convene a panel of experts to discuss the possibilities for addressing escalating volatility in Iran.  Featured Panelists: Thomas Pickering, U.S. Representative to the United Nations, 1989-1992, Under Secretary of State for Political Affairs, 1997-2001 Flynt Leverett, Senior...

Teacher Pay Reforms

Washington, DC—Education research convincingly shows that teacher quality is the most important schooling factor influencing student achievement. A very good teacher as opposed to a very bad one can make as much as a full year’s difference in learning growth for students. Indeed, the effect of increases in teacher quality swamps the impact of any...

The End of the Great American Housing Boom

WASHINGTON, D.C. – Few recent U.S. economic trends have fueled water cooler conversations as persistently as the housing boom across most of the country over the past decade. Millions of homeowners reside in houses today that are worth far more than when they were purchased. Millions more saw a jump in their perceived net worth, enticing...

Christian Weller on November Employment Numbers

WASHINGTON, D.C. - The Bureau of Labor Statistics today released its employment estimates for November 2006, showing a gain of 132,000 jobs and sparking anew a monthly debate among economists over what is the most important indicator in the monthly BLS figures. Does the real story lie in the headline numbers of total job growth,...

Movie Screening: Darfur Diaries: Message From Home

WASHINGTON, D.C. - In February 2003, the Sudanese Liberation Army in Darfur (the western region of Sudan)  took up arms against the Sudanese government after years of oppression. The government and allied militias answered the rebellion with mass murder, rape, and the wholesale destruction of villages and livelihood, resulting in one of the world's largest...

Teacher Pay Reforms

WASHINGTON, D.C. - Improving teacher quality is no simple task. While research convincingly shows that teacher quality is the most important schooling factor influencing student achievement, there does not appear to be any specific credential or characteristic that is a silver-bullet predictor of quality. Consequently, policymakers and education advocates may wish to address teacher performance...