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Biden Administration

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In the Media

Wolfers on student loans: 'Borrow from your future self"

Nov 18, 2022 CNN
Justin Wolfers, CNN: "I tell my students, 'Go ahead and borrow.' And that might sound like counter-intuitive advice from an economist, but here's how I want you to think about it: Go ahead and borrow money from that part of your life when you're...
In the Media

Parthasarathy comments on new ARPA-H director

Sep 13, 2022 Nature
President Joe Biden recently named Renee Wegrzyn as the inaugural director of the Advanced Research Projects Agency for Health (ARPA-H), a new agency tasked with finding innovative solutions to biomedical problems. Nature asked Shobita...
In the Media

Reducing student loan debt is a significant step - Michelmore

Sep 12, 2022 Oakland Press
Over 1.3 million Michiganders hold around $50 billion in student loan debt, according to the latest data from the U.S. Department of Education. The Biden administration's plan to forgive $10,000 of loan debt, and up to $20,000 for those students who...
News

Rabe analyzes historic climate bill

Sep 4, 2022
With a historic climate bill being passed by Congress in August, Ford School professor Barry Rabe provided multiple media outlets with his expertise to analyze the bill and its impacts. Here is a compilation of his recent appearances: How Ford,...
News

Rabe: Landmark U.S. climate bill addresses methane

Aug 12, 2022
The U.S. House of Representatives is expected to pass the Inflation Reduction Act today, which includes nearly $400 billion for clean energy initiatives. The legislation was approved by the Senate last weekend and, if signed into law, would be the...
In the Media

Biden has limited options on climate action - Rabe

Jul 24, 2022 El Mercurio
President Joe Biden announced modest steps to combat climate change and promised more robust action to come, saying, “This is an emergency and I will look at it that way.” In El Mercurio (Chile), Ford School professor Barry Rabe outlined the...
News

Rabe insights on climate change political challenges

Jul 20, 2022
The political climate for action on climate change has become more difficult in the past few weeks, in light of a Supreme Court decision limiting the Environmental Protection Agency's (EPA) ability to limit greenhouse gases and the failure of a...
In the Media

Gas tax break may not reduce prices - Stevenson

Jun 26, 2022 The New York Times
As the Biden administration considers a holiday on the federal gas tax, an opinion piece in The New York Times says the move may not actually lead to a price reduction at the pump. It states, "By the iron law of supply and demand, if the demand...
In the Media

Rabe says some environmental legislation still possible

May 11, 2022 Los Angeles Times
Though President Biden's ambitious Build Back Better plan has stalled in Congress, some elements of his environmental agenda could still pass before the midterm elections in November.   Ford School professor Barry Rabe told the Los Angeles Times...
News

Wolfers and Stevenson comment on jobs and inflation

May 6, 2022
Inflation has been as high as 8.5% in recent months, and despite other positive economic factors, CNN reports that President Joe Biden may be “close to the point of no return with Americans on the economy.” Ford School economics professor Justin...
In the Media

Wolfers weighs in on Biden's approval ratings

Apr 16, 2022 Los Angeles Times
Despite low unemployment and rising wages, inflation is causing President Biden to struggle with low approval ratings. Justin Wolfers, professor of public policy and economics, discussed how he would frame the economy to raise approval...
News

Rabe discusses current state of climate action

Apr 13, 2022
On the campaign trail, President Biden promised climate action. But, a few bumps in the road have delayed that action. Specifically, the Build Back Better bill, which includes provisions for action on climate policy, has been stalled. Barry Rabe, J....
In the Media

'Not a single indicator that a recession is coming' - Wolfers

Apr 13, 2022 Los Angeles Times
With inflation running high, yet unemployment low, President Biden's approval rating has sunk, signaling the economic anxiety of Americans. In light of this, Justin Wolfers, professor of public policy and economics, discussed the economy and...
News

Stevenson and Wolfers discuss latest jobs report

Apr 4, 2022
The labor market is still booming, according to the latest jobs report. Justin Wolfers and Betsey Stevenson, both professors of public policy and economics, broke down what the jobs report means for Americans. "I do think it more likely that the...
In the Media

Basseches weighs in on solar industry's issue with Biden

Mar 31, 2022 Renewable Energy World
The U.S. Department of Commerce's investigation of a tariff petition has isolated the solar industry, pitting them against the Biden administration. Postdoctoral fellow Joshua Basseches broke down the situation. "Solar is no longer the experiment...
In the Media

Stevenson analyzes conflicting views of the economy

Mar 17, 2022 The New York Times
Republican governors across the country have been criticizing President Biden for his economic policies while touting their own. Betsey Stevenson, professor of public policy and economics, weighed in on the trend. “Basically it’s insane to say,...
News

Stevenson describes Biden report, current labor market

Mar 8, 2022
A new report from the Biden administration highlights how employer practices, including collusion and constraints on competiton, are limiting workers' choices and wages. Betsey Stevenson, professor of public policy and economics, explained the cause...
News

Ford School experts weigh in on Russian invasion of Ukraine

Feb 25, 2022
As the Russian military surrounded and began its assault on Ukraine, Melvyn Levitsky, professor of international policy and practice, and Javed Ali, associate professor of practice, lent their expertise to numerous media outlets to break down the...
In the Media

Rabe addresses Russian invasion and policy impacts

Feb 23, 2022 E&E News
How will American sanctions on Russia impact Americans? While that question is still unanswered, Barry Rabe, J. Ira and Nicki Harris Family Professor of Public Policy, discussed the policy impacts the situation may have.  “It does raise the...
In the Media

Ali breaks down crisis in Ukraine

Feb 21, 2022 Fox 2 Detroit
Tensions are heightening between Russia and Ukraine, prompting President Biden to meet with his National Security Council to discuss the conflict. "A full-up National Security Council meeting with the President of the United States, those don’t...
In the Media

Stevenson discusses inflation and demand

Feb 13, 2022 CNN Politics
With inflation rising as the economy bounces back from the COVID-19 recession, the automobile industry is one area that has struggled due to labor and supply shortages. "The people screaming for Biden to do something do not want the Fed to raise...
In the Media

Stevenson proposes solutions for inflation

Feb 10, 2022 Yahoo! News
With Americans panicking about rising prices, Betsey Stevenson, professor of public policy and economics, proposed how to slow inflation down.  "So we've got two ways to fix the problem: We can bring down demand ... or we can try to increase...
In the Media

Wolfers argues Build Back Better is not inflationary

Dec 23, 2021 CNN
When West Virginia Senator Joe Manchin (D) announced he could not support the Biden administration's Build Back Better plan, one of the reasons he cited was the inflationary effect an injection of $2 trillion could have on the economy. Ford School...
In the Media

Build Back Better will increase inflation - Leahy

Nov 28, 2021 PolitiFact
As a debate over the impact of President Joe Biden's Build Back Better bill continues, John Leahy, professor of public policy and economics, discussed the economics of the bill. "Inflation is the result of too much demand chasing too little...
News

Rabe reflects on progress at COP26 and Line 5 in Michigan

Nov 19, 2021
Following the conclusion of COP26, Barry Rabe reflected on the outcomes of the summit in Glasgow. “This is the 26th time that this conference of parties and processes has worked. Each time there is lots of drama, high expectations, and usually in...