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February 2025

Has U.S. infrastructure investment really declined?
The devil is in the deflator, and most deflators show it has risen since 2019
 • 
Ernie Tedeschi
 and 
Eric Van Nostrand
1
No delusions: Bidenomics wasn't perfect, but it did many great things
Responding to Jason Furman
Published on Jared’s Substack • 
Population adjustments will cause the next jobs report to be misinterpreted and misconstrued
The recent surge in immigration made the household survey especially hard to interpret, but if historical data were revised, we’d see that the labor…
 • 
Jed Kolko
7

January 2025

December 2024

Quick hits: Policy-relevant research at ASSA 2025
Weeks of it, packed into three days
Breaking down the budget baseline: what it means for the TCJA extension debate
Assumptions could put trillions of dollars of policy changes on the table, or not
 • 
Elena Patel
2
Quick hits: Policies to think about as the administration changes
Trade, civil service protections, Medicaid waivers, retirement security, the Paperwork Reduction Act, and more
1

November 2024

What’s next?
More of the same, plus some experimentation
 • 
Kevin Rinz
Local immigration surges did not swing the local presidential vote in 2024
Local immigration rates don’t explain election results, but they could show where the next administration’s immigration policies will have the most…
 • 
Jed Kolko
Why broad-based import tariffs can hurt exports and manufacturing jobs
Across-the-board tariff hikes can inhibit long-term competitiveness because manufacturers rely on imported inputs and contribute disproportionately to…
 • 
Fariha Kamal
2
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