A decade ago the United States had the lowest share of long-term unemployed workers among developed nations. But today U.S. long-term unemployment levels are nearly as high as those in Europe, despite stronger overall U.S. economic performance. This Progress Report and Scorecard demonstrates that U.S. federal employment and training programs that assist job seekers do little to help the long-term unemployed prepare for different careers.

The U.S. system for taxing corporate profits is outdated, ineffective at raising revenue, and creates perverse incentives for companies to shelter profits overseas. It is also, for most U.S. companies most of the time, a pretty good deal, which is one of the big reasons why any serious overhaul will be so difficult to achieve.

The scorecard infographic and accompanying progress report, "Remedial Education: Federal Education Policy," highlights the main challenges facing the U.S. education system and assesses whether federal education policy is effectively addressing them.

Republic of Korea (ROK) president Lee Myung-bak arrived in Washington this week for a state visit with President Barack Obama. This U.S.-ROK summit meeting comes as the legislatures of both countries…