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April 8, 2024

The $1,000 Tax Hike on Middle-Class Families

…barely keeping up with inflation, who are raising three kids on $75,000 per year (the median U.S. household income), will be asked to kick in almost $1,000 more to the federal government…

June 21, 2023

The Bad Math Behind Economic Doomerism

…Cost-of-Thriving Index (COTI). The index takes the combined cost of five essential goods and services—groceries, transportation, housing, health insurance, and higher education—and divides it by the median weekly earnings of…

June 14, 2023

Better Data Means Better Policy

…index before 2000.  Figure 1. Median household income using various inflation measures, United States, 1967-2021 Since all three series are expressed in 2021 dollars, median income is equal to the…

May 5, 2023

Wrong Diagnosis, Wrong Prescription

…claim sets the poverty line at half of the median income in each country. Because the U.S. has among the highest median incomes in the world, such relative poverty measures…