March 19 A White House report highlighted the importance of encouraging more people to work to offset the millions of baby boomers retiring
Trump administration plans to overhaul flood insurance; White House promotes labor-force participation; Federal Trade Commission (FTC) asked to probe Facebook’s market dominance; Trump proposes limiting student borrowing; U.S. factory orders rise by 0.1 percent.
EventsMar27 Politics, Press, and the President: A Talk by Sean Spicer, Former White House Press Secretary for President Donald Trump 7:00pmLocation: Jon M. Huntsman Hall, Room G06The Penn College Republicans and Wharton Public Policy Initiative will be co-hosting a talk by Sean Spicer, former White House Press Secretary for President Donald Trump. Spicer, who prior to his time in the Trump Administration, served as communications director and chief strategist of the Republican National Committee, is the author of “The Briefing: Politics, The Press, and The President.” This talk is part of Young America’s Foundation “Shengold Lecture Series.”
March 18 Dem Presidential Candidates Seize on Antitrust as Campaign Issue (1
One of the issues that the Democrats are looking to use in the upcoming 2020 election are “antitrust laws”. Wharton and Penn Law Professor Herbert Hovenkamp offers a historical perspective to “antitrust laws”. He argues that it “hasn’t been such an intense focus of a presidential campaign since the 1912 election with Woodrow Wilson, William Taft, and Theodore Roosevelt”.
March 18 Medicare for all? How about Medicare for me?
In this Op-ed article, Wharton Professor Mark V. Pauly discusses his perspective of U.S. Senator Kamala Harris’s “Medicare for All” proposal. He argues that it could lead to complications with medical visits and that “benefits…and their policies vary across states”. Furthermore, he implies that one must be realistic in their expectation of healthcare delivery.
March 14 Beyond Tariffs: What’s Preventing a U.S.-China Trade Agreement?
Wharton Professor Minyuan Zhao offers her perspective about why China and the United States have not come to a trade agreement. She argues that one avenue that is worth consideration is “both [countries having] a mutual interest in protecting IP rights. Apart from protecting IP rights, she suggests that “U.S.-China negotiations are not just about trade, but also have longer-term implications on the “development models” China adopts”.
March 12 Preventing the Next 2008 Crisis: Turkey’s Economic Struggles
Turkey has been plagued by political and economic instability for the past several years as President Recep Tayyip Erdogan has strived to maximize his power and strengthen his country’s economy. Turkey’s economic growth in recent years has been fueled by the accumulation of corporate and financial foreign-currency debt, which are outstanding loans in Dollars and Euros that Turkey and Turkish companies now owe to outside investors. These debts now account for 70 percent of its economy. The current account deficit in the country is at an all-time high, meaning that the amount of goods and services the country imports exceeds the amount it exports.  Due to the strengthening of the dollar, Turkey is now experiencing difficulties in repaying its loans and is thus in danger of default. It is in the interests of the global community to prevent a Turkish default, which could spread to other countries.