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March 27, 2025
The Looming Debt Crisis, the Trump Tax Cuts, and Medicaid
Let’s start with a chart to understand the dire fiscal situation we are in as a nation. Figure 1. Federal Debt Held by the Public as a Share of Gross…
February 28, 2025
Trump Stopped Biden’s Plan to Force DEI on Local Communities
…local governments,” new HUD Secretary Scott Turner has rolled that mandate back. HUD has replaced all the complications of the “Affirmatively Furthering Fair Housing” rule with a simple requirement: a locality’s “own…
February 20, 2025
The American Dream Is Not a Coin Flip, and Wages Have Not Stagnated
…Hell, Robert Manduca, Jimmy Narang, “The Fading American Dream: Trends in Absolute Income Mobility Since 1940.” Replication files available at https://opportunityinsights.org/data/?geographic_level=0&topic=0&paper_id=546#resource-listing. MACPI is from Scott Winship, “Introducing the More Accurate Consumer…
February 4, 2025
Snip, Snip: Spending Cuts Are Coming
…foreseeable future. Just the interest on the debt totals almost $1 trillion per year, exceeding the cost of national defense. For Republicans, the underlying problem is simple: As Treasury Secretary Scott Bessent described in his…
January 22, 2025
How the Trump Administration Can Hit Its Growth Target
By setting an ambitious 3% growth target, US Treasury Secretary nominee Scott Bessent has provided the Trump administration a North Star to follow in devising its economic policies. The task…
January 16, 2025
Should We Believe the Economic Data or Americans’ “Lyin’” Eyes? The Answer Is Yes.
…living standards have changed over the long run. Scott Winship is a senior fellow and the director of the Center on Opportunity and Social Mobility at the American Enterprise Institute…
January 7, 2025
Tax Policy Should Prioritize Shoring Up the Family
During the Biden years, tax policy related to the family revolved around the child tax credit (CTC). Attempts to expand the credit to make it easier for two-parent families to…
December 20, 2024
Fixing Inflation, Right-Sizing the Federal Government
Thirty years ago next month, Federal Reserve Board Chairman Alan Greenspan testified before a joint session of the House and Senate Budget Committees with talk of deficit reduction in the…
October 11, 2024
It’s time to face up to our social poverty problem
…a check. Only by addressing the erosion of strong social ties can we help the disadvantaged flourish, rather than simply providing them an adequate standard of living. Scott Winship is…
June 18, 2024
Economic Opportunity and Social Mobility
Years ago, I worked at the Pew Charitable Trusts on something called the Economic Mobility Project. In 2009, we commissioned a survey covering opportunity, mobility, and the American Dream. One…