Friday, December 6th, 2019
Ben Ritz, Director of the Center for Funding America's Future

The Director of PPI’s Center for Funding America’s Future, Ben Ritz, joined personal-finance advisor Ric Edelman on  his nationally syndicated radio show  to discuss the challenges facing Social Security, their role in the 2020 election, and PPI’s proposal to strengthen the program for future generations. Listen to the interview below and  read our full plan here .
Lindsay Lewis, Executive Director

Some progressives insist on all-or-nothing over-regulation of the internet, while some conservatives contend that the best thing the federal government can do is nothing at all. Recent events make it even more urgent for the grownups to break the gridlock.
Michael Mandel, Chief Economic Strategist

Despite all his bluster, the “Trump Trade Deficit” widened to a new record in the third quarter of 2019. The non-oil merchandise trade deficit hit $1.047 trillion in the third quarter of 2019, in 2012 dollars (annual rate). That’s according to PPI calculations based on new data released by the Bureau of Economic Analysis on November 27. The latest trade deficit beat the previous record set in the fourth quarter of 2018, also under Trump.
Over the final three decades of the 20th century, one of the defining features of American life was the abandonment and deterioration of historic urban centers. In cities large and small, from coast to coast, residents and dollars followed the interstate highways out of the old commercial downtowns and out to the suburbs.

Columbia, S.C., may be an exceptional town in some respects – it is, after all, both a state capital and the home of the University of South Carolina – but even these enviable assets could not save it from the centrifugal forces that were leeching the vitality of Downtown U.S.A. during the Seventies and Eighties. College kids and civil servants weren’t enough to prevent Macy’s and other department stores from either decamping for the ‘burbs or shuttering entirely.