Inclusive Capitalism: Expand the Table and Add a Seat
Despite continued worries about COVID-19, inflation, and supply chain issues, the U.S. economy and the labor market remain surprisingly strong. However, the over $5 trillion in COVID relief funds that Congress has appropriated since March 2020 won’t last forever. As America looks toward a post-pandemic world, Washington needs an equal focus on both growing the economy and making it more inclusive.
Women lost 5.4 million jobs between February 2020 and February 2021
The U.S. economy could gain between $78 billion and $87 billion if former prisoners had the same employment prospects as the rest of the working-age population
A growth rate of 3% between 2016 and 2030 would make the U.S. economy nearly $3 trillion larger