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July 24, 2024

Housing and the American Worker

As the American Worker Project analysis shows, real wages have increased over time. Real wages are nominal wages corrected for changes in the price level, and a natural approach to understanding the way in which housing policy affects real wages is through (housing) prices. But the importance of housing to the economic well-being of the typical American…

July 23, 2024

How the 2017 Tax Law Made Itemized Charitable Giving a Luxury Good

Key Points Read the PDF. The Tax Cuts and Jobs Act (TCJA) of 2017 included some of the most far-reaching changes to the US income tax code in a generation. In addition to reducing statutory tax rates for individuals and corporations, the law adjusted the tax base. Among its most significant changes to the individual…

July 17, 2024

Coming Together on Chronic Absenteeism: Schools’ Top Priority This Year

Event Summary  On July 17, AEI’s Nat Malkus was joined by Education Trust’s Denise Forte and Attendance Works’ Hedy Chang to discuss chronic absenteeism. Dr. Malkus presented chronic absenteeism data from his Return to Learn Tracker, then sat down for a fireside chat with Ms. Forte and Ms. Chang. They noted that chronic absenteeism is…

July 15, 2024

It Is Time to Set Goals for Cutting Chronic Absenteeism

Believe it or not, the 2024–25 school year will begin in some parts of the country in less than a month, and students will return to school. Whether they return to school consistently is the most important question at the opening of this school year. Whether schools, districts, and states make chronic absenteeism their top…

July 11, 2024

Exploring Trends in Food Bank Use

Business Insider wrote in early 2023 that food banks are “bracing themselves for an onslaught” of increased demand. Later that year, Bloomberg reported that “lines stretch down the block at food banks.” And two months ago, CNN noted that the “share of people turning to hunger relief programs remains higher than it was prior to…

July 10, 2024

Has Income Growth between Generations of Americans Stalled?

A defining aspect of the American dream is that the economic well-being of each generation surpasses that of the previous one. However, commentators have questioned whether this holds true for the most recent generations. A 2022 Gallup poll found that only 42 percent of Americans expect today’s young people to have a better life than…

June 27, 2024

New Legal Roadblocks for Biden’s Student Loan Forgiveness Crusade

Last fall President Biden announced his “Plan B” for student loan cancellation after the Supreme Court ruled his initial efforts unconstitutional. Plan B, named the Saving on a Valuable Education (SAVE) Plan, was an attempt to eliminate the burden of student loans by lessening how much borrowers needed to repay.  But this wasn’t in the spirit of…

June 26, 2024

Reducing Racial Disparities in Foster Care Might Endanger Black Children

To what lengths should we go to reduce racial disparities in the child welfare system? In 2021 the Los Angeles County Board of Supervisors voted to require the Department of Children and Family Services to pilot a program of “blind removals.” The program, which had been tried to great fanfare in a couple of other jurisdictions, essentially…

June 26, 2024

American Workers Are Doing Great. They Could Be Doing Even Better.

Editor’s note: This is one of a pair of essays responding to the Economic Innovation Group’s report, “The American Worker: Toward a New Consensus”, by Adam Ozimek, John Lettieri, and Benjamin Glasner. The other is by Paul Krugman of the New York Times. To the Economic Innovation Group’s attempt to articulate a “new consensus” about the American…

June 23, 2024

Is Systemic Racism Responsible for the Increase in Child Mortality Rates?

How is it that in the richest country on Earth, life expectancy has been falling? This is the question that many policymakers and consumers of news have been asking themselves of late. Between COVID-19, drugs and the consequences of obesity (including high blood pressure and cardiovascular problems), we are digging ourselves an early grave. Still,…