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November 7, 2024
Introducing the “More Accurate Consumer Price Index”
…2023, and the superior Personal Consumption Expenditures price index (PCEPI) indicates a rise of 30 percent, using the MACPI, wages rose by 61.5 percent. The median wage of prime-age male…
October 9, 2024
Learning the Right Lessons from the “China Shock”
…the extent that adverse effects on import-competing workers created Keynesian aggregate-demand reductions, post-2007 economic slack was a major contributor. The paper is well titled: “Protectionism is Failing and Wrongheaded: An…
October 2, 2024
AOC’s “Social Housing” Dead End
…investment fall. One indicator of the popularity of AOC’s vision: at a time of sharply rising housing demand, median prices for Co-op City units last year fell 43 percent. Still, Ocasio-Cortez hopes…
September 27, 2024
Food Insecurity Increases Driven by Middle- and High-Income Households
…22.3 20.0 21.8 Third Quintile 19.8 17.4 19.6 20.1 Fourth Quintile 19.9 16.2 20.0 15.2 Fifth Quintile 20.8 17.8 20.8 14.8 *Note: Household incomes are calculated by taking the median…
September 24, 2024
Household Food Insecurity Rises Again – Inflation, especially for households ineligible for safety net programs, to blame
…economic conditions—such as the poverty rate, the unemployment rate, median income, and homeownership—to assess whether changes in these economic factors appeared to explain the rise in food insecurity rates. Overall,…
September 11, 2024
Doing Right by Kids: A Book Event
…the Safety Net Panelists: Kay S. Hymowitz, William E. Simon Fellow, Manhattan Institute Matt Weidinger, Rowe Scholar, American Enterprise Institute Brad Wilcox, Nonresident Senior Fellow, American Enterprise Institute Moderator: Kevin…
September 10, 2024
America is Still Working
…are the average across people of (weeks worked last year * usual hours per week worked last year). The estimates are for the civilian noninstitutionalized population of Americans aged 16…
September 10, 2024
Event: New Census Data on American Families’ Economic Well-Being
…AEI’s Kevin Corinth began by summarizing the data’s main findings. Median household income rose, and the official poverty measure (OPM) showed that poverty declined while the supplemental poverty measure (SPM)…
August 1, 2024
Two Outrageous Bills Kamala Harris Sponsored Would Crush Taxpayers
…could collect up to $10,000 per month or an astonishing $120,000 per year — nearly double the U.S. median household income of $67,521 in 2020. Across a span of 42…
July 26, 2024
Two Cheers for Shrinking Black-White Opportunity Gaps
…Chetty and his coauthors. They just didn’t deteriorate as badly as among white kids raised poor. This was true of average and median household income, reaching the top fifth of…