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On the latest Facing the Future, I was joined by Nicko Gladstone, a research analyst with the Bipartisan Policy Center, Concord Coalition Executive Director

One silent victim of the coronavirus pandemic is the 2020 congressional legislative agenda. As the virus took hold in the United States, lawmakers in the House and Senate rightly jettisoned their to-do lists to focus exclusively on emergency relief legislation.

The Concord Coalition and the Global Aging Institute (GAI) have joined forces to produce a quarterly issue brief series called The Shape of Things to Come that explores the fiscal, economic, social, and geopolitical implications of the aging of America.

America, along with the rest of the developed world, is being overtaken by a stunning demographic transformation called global aging. By 2050, the elderly share of the U.S. population, which was 12 percent as recently as 2000, will climb to 22 percent.

Most of the debt incurred so far to deal with the coronavirus has been purchased by the Federal Reserve, not foreign or domestic savers, said Joshua Gordon, senior policy adviser at the Concord Coalition, a group that advocates for fiscal responsibility.

On the latest Facing the Future, I was joined by Global Aging Institute Founder Richard Jackson and Concord Coalition Executive Director

Moving rapidly to pass the next installment of COVID-19 pandemic relief, on May 15 the U.S.

Smith, with the Concord Coalition, and others who lament Congress didn’t take advantage of the pre-pandemic years of growth to eliminate deficit spending and lower the national debt said not doing so after the pandemic has passed threatens to increase inflation and crowd out private borrowing.

After four weeks of record-shattering initial unemployment insurance claims, the most recent jobs report revealed what most Americans already knew: the current U.S. employment situation is dire.