CFR Presents

Renewing America

Ideas and initiatives for rebuilding American economic strength.

Why Have Americans Stopped Moving?

by Renewing America Staff Thursday, May 29, 2014
flag for-sale sign Capitol Hill Washington A U.S. flag decorates a for-sale sign at a home in the Capitol Hill neighborhood of Washington (Jonathan Ernst/Courtesy Reuters).

Many state-level policymakers propose lowering income taxes to lure people from other states. In a new column for Bloomberg View, CFR Adjunct Senior Fellow Peter Orszag explains that income tax rates are not a major driver of interstate migration. Rather, people move to find warmer weather, cheaper housing, and, most importantly, better jobs.

Labor’s Digital Displacement

by Michael Spence Thursday, May 22, 2014
3D printer sculpture Hanover Germany A 3D printer produces a sculpture at the CeBit computer fair in Hanover, Germany (Fabrizio Bensch/Courtesy Reuters).

Digital technologies are once again transforming global value chains and, with them, the structure of the global economy. What do businesses, citizens, and policymakers need to know as they scramble to keep up? Read more »

Policy Innovation Memo: How to Stop the State Subsidy Wars

by Edward Alden Monday, May 12, 2014
A Tesla Motors Inc Model X is seen at Tesla's introduction of its new battery swapping program in Hawthorne, California (Lucy Nicholson/Courtesy Reuters).

The Renewing America Initiative is releasing today our new Policy Innovation Memo “Curtailing the Subsidy War Within the United States,” which I co-authored with Associate Director Rebecca Strauss. The problem is a vexing one. Governors and state governments quite rightly spend an enormous amount of time and energy trying to attract job-creating investments to their states. They think about how to get the right mix of tax policy, education, infrastructure and sensible regulation that will draw business to their states. They compete vigorously with other states, and other countries, to sell companies on the merits of locating in their state. All of this deserves applause. Read more »

How to Fill the Skills Gap: Bring Back Apprenticeships

by Guest Blogger for Edward Alden Thursday, May 8, 2014
Yaun Smith, a senior, talks about his class's assembly line to make a s’more as a class project as part of the Project Lead the Way class at Bradley Tech High School in Milwaukee, Wisconsin (Darren Hauck/Courtesy Reuters).

This is a guest post by Robert Maxim, research associate, competitiveness and foreign policy, for the Council on Foreign Relations studies program.

Manufacturing is growing in the United States, but many companies claim that they face a “skills gap.” These companies have unfilled vacancies, but say that unemployed workers and recent high school graduates do not have the technical knowledge needed to fill them. Read more »