Plus, U.S. health spending, and advancing inclusive innovation.
Did the EU voting provide any clues for the coming US election? Around a decade ago, Europe’s immigration crisis and the United Kingdom’s decision to leave the European Union foreshadowed the outcome of the 2016 U.S. presidential election. The mixed results of the recent EU parliamentary elections offer ambiguous but still significant lessons for both major U.S. political parties as the 2024 presidential election approaches, write E.J. Dionne, Jr. and William A. Galston. | More research and commentary US health spending. Last week, the Centers for Medicare and Medicaid Services projected that the share of the U.S. economy devoted to health spending will increase through 2032, ending a period of little change that lasted more than a decade. Writing in Health Affairs, Matthew Fielder puts these projections in the context of historical trends and explores why the health share of the economy has been relatively stable in recent years. Advancing inclusive innovation. The U.S. Economic Development Administration plans to award implementation grants to designated Regional Technology and Innovation Hubs with the goal of growing innovation clusters that enhance national security, improve supply chain resilience, and bolster America’s position as a global technology leader. Mayu Takeuchi and Joseph Parilla explain how this can lead to inclusive economic growth. | About Brookings The Brookings Institution is a nonprofit organization based in Washington, D.C. Our mission is to conduct in-depth, nonpartisan research to improve policy and governance at local, national, and global levels. If you were forwarded this email, sign up for the Brookings Brief to stay updated on our latest work. | The conclusions and recommendations of any Brookings publication are solely those of its author(s), and do not reflect the views of the Institution, its management, or its other scholars. | |