Introduction The age of the internet has ushered in a new level of government transparency. Committee hearings are livestreamed, laws are uploaded to websites, and other documents are available to the public in their own homes. Gone is the hassle of paper stacks and public record requests. Or so one might think. As Congress jumps … Continue reading
Author Archives: Keith Bray
America / Economy / Fiscal policy / Politics / Presidency
President Biden and the State of Inflation
Executive Summary Last week, President Biden outlined his plan to counter inflation as the rate rises to around 7% The President placed the blame of inflation on rising prices in a myriad of sectors including motor vehicles, prescription drugs, energy, and childcare His solutions include programs to cut costs as well as protect wages by … Continue reading
The Unpopular Option and Puerto Rico
Executive Summary Puerto Rico now has a real chance for economic recovery. Last January the Financial Oversight Board for Puerto Rico closed an almost five year-long bankruptcy case with 80% of the islands outstanding payments reduced. Set up in 2016, The Financial Oversight Board is a federally appointed group with limited powers over Puerto Rican finances … Continue reading
Electric Eggs in one Basket: A Warning from Puerto Rico
Introduction The U.S. Commonwealth of Puerto Rico has been in a financial crisis since the Great Recession. While the recession on the mainland was dealt with in time, the recession hit the island and exposed years of financial mismanagement and started an economic spiral. While U.S. territories and states cannot officially declare bankruptcy, the Commonwealth was … Continue reading
Policy Interns 