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Some Ideas To Fix Washington State’s Economy

Posted by Lori Pfingst at Dec 04, 2012 07:10 PM |

Part IV in a series from our recent brief, In Pursuit of Prosperity: Eight Strategies to Rebuild Washington's Economy. Widely shared prosperity doesn’t happen by accident. History, supported by persuasive research, proves that prosperity happens when we deliberately invest in the foundations of a strong economy – broad and equal opportunity to build knowledge and skills, adequate compensation and support for workers, and adequate investments in conditions that foster economic growth.

In our recent policy brief, we provide analysis that shows there are cracks in the foundation of our economy – weak and unequal access to opportunity, a job market lopsided with low-wage work, and a broken revenue system

Policymakers can fix our economy and increase shared prosperity by ensuring opportunities are abundant and equal, creating better jobs, and fixing our flawed revenue system. Eight strategies can rebuild the middle class and make our economy work for everyone.  

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For more detail on these eight strategies, read the full brief
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Our Legislative Agenda

During the 2016 legislative session, the Budget & Policy Center continues to promote several of the common-sense policy ideas we developed for the 2015-2017 bienniumOur Legislative Agenda calls for an equitable, sustainable revenue system in addition to state investments that: promote a world-class education system; sustain a strong middle class; produce living-wage jobs, and ensure that all Washingtonians have equal opportunity to get ahead. 

Budget Beat 

Listen to our Budget Beat about the I-1366 court decision. It features Senator David Frockt (D-46) and Pacifica Law Group Partner Kymberly Evanson. 

Testimonies in Olympia

We are testifying in support of a number of important bills during the 2016 legislative session. Take a look:

  • Policy Analyst Elena Hernandez's testimony (at the 23:23 minute mark) on the House Bill that will take a two-generation approach to preventing poverty 
  • Associate Director of Fiscal Policy Andy Nicholas's testimony (at the 1:54:09 mark) on the House bill focused on aerospace-related tax breaks
  • Research and Policy Director Lori Pfingst's testimony  (at the 9:25 mark) on the two-generation approach to poverty prevention bill 

Budget Matters Summit

Thank you to all who attended our our Budget Matters 2015 policy summit. If you missed it (or would like to relive it), you can watch a highlight video of the summit or watch the full summit panel -- which featured a range of community leaders talking about how to advance racial equity in state policymaking.