Economic Report Of The President 2021

The Economic Report of the President 2021 together with the Annual Report of the Council of Economic Providers provides the U.S. Congress and the American people with “timely and authoritative information concerning economic developments and economic trends” for the preceding year and, prospectively, for the years ahead.

This updated annual edition is divided under the following main topics:

• Confronting the Largest Postwar Economic Shock: The Federal Response to Mitigate the COVID-19 Pandemic
• The Renaissance of American Greatness
• An Effort to Rebuild Our Country

Contents Economic Report of the President 1

The Annual Report of the Council of Economic Advisers 9

Introduction  13

Part I: Confronting the Largest Postwar Economic Shock: The Federal Response to Mitigate the COVID-19 Pandemic

Chapter 1: Creating the Fastest Economic Recovery 35

Chapter 2: Prioritizing America’s Households 69

Chapter 3: Assisting Entrepreneurs and Workers through Aid to Businesses 89

Chapter 4: Advancing the Quality and Efficiency of America’s Healthcare System113

Part II: The Renaissance of American Greatness

Chapter 5: Assessing the Early Impact of Opportunity Zones 145

Chapter 6: Empowering Economic Freedom by Reducing Regulatory Burdens173

Chapter 7: Expanding Educational Opportunity through Choice and Competition 199

Chapter 8: Exploring New Frontiers in Space Policy and Property Rights  225

Chapter 9: Pursuing Free, Fair, and Balanced Trade 251

Part III: An Effort to Rebuild Our Country

Chapter 10: The Year in Review and the Years Ahead 287

Chapter 11: Policies to Secure Enduring Prosperity  319

References  395

Appendix A Report to the President on the Activities of the Council of Economic Advisers During 2020  435

Appendix B Statistical Tables Relating to Income, Employment, and Production447 

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