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April 9, 2025
Trump’s Tariff Formula Is Still Wrong. Maybe That’s Why No One Will Admit They Created It.
Last Friday, we showed that the Trump Administration’s tariff formula contained an error that made its calculated tariffs up to four times too large. The entire premise of the administration’s approach—that a country’s tariff and non-tariff trade barriers can be derived solely from the bilateral trade balance with that country, and that the goal of…
April 8, 2025
Discussing President Trump’s tariff formula miscalculation: Corinth on CNN News Central
Kevin Corinth, Deputy Director of the Center on Opportunity and Social Mobility, discusses President Trump’s tariff formula alongside AEI’s Stan Veuger on CNN News Central.
April 7, 2025
Discussing President Trump’s tariff formula: Corinth on ‘Bloomberg Insight’
Kevin Corinth, Deputy Director of the Center on Opportunity and Social Mobility, discusses how President Trump’s formula to calculate tariffs was incorrect on Bloomberg TV’s ‘Bloomberg Insight.’
April 4, 2025
President Trump’s Tariff Formula Makes No Economic Sense. It’s Also Based on an Error.
President Trump on Wednesday announced tariffs on practically every foreign country (and some non-countries), ranging from a 10 percent minimum all the way up to 50 percent. The economic fallout has been dramatic, with the stock market losing nine percent of its value (based on the S&P 500 index at the time of writing) and…
March 18, 2025
Poorly Defined: Reforming the Poverty Line | POLICY LENS
Ever since President Lyndon B. Johnson declared a “war on poverty” in 1964, the US Safety Net has been remarkably effective in reducing the number of Americans living in poverty; but measuring the magnitude of that success is not so straight forward. AEI’s Kevin Corinth explains that defining poverty is largely a decision of society,…
March 13, 2025
Two Charts Show Why a Trade War Over Fentanyl Doesn’t Make Sense
Following a month-long pause, President Trump last week reimposed tariffs on Canada and Mexico, only to pause many of them again two days later. Different reasons have been offered by the Trump Administration for the tariffs, but in recent days the President’s advisers have honed in on one reason in particular: Fentanyl is being shipped across our borders with…
March 11, 2025
An Evaluation of Cost Saving Reforms of the Supplemental Nutrition Assistance Program
AbstractCongress is considering ways to reduce spending on the Supplemental Nutrition Assistance Program (SNAP) by $230 billion over ten years. Reforms are likely to include one or more of the following cost-saving elements: reducing the maximum SNAP benefit, reducing deductions, expanding work requirements, and ending broad based categorical eligibility. In this paper I analyze each…
February 28, 2025
Less Than Half of Medicaid Recipients Work Enough to Comply With a Work Requirement
Congress is considering implementing work requirements for Medicaid. This reform could help Congress achieve its goal of reducing federal expenditures and simultaneously strengthen the incentive for Medicaid recipients to work. At the same time, individuals who do not comply with the work requirement may lose health insurance coverage. Underlying the policy debate is the extent…
February 18, 2025
Family-Friendly Policies for the 119th Congress
Key Points Read the PDF. Introduction America is in a baby bust, with birth rates hitting record lows and still falling. Young Americans are getting married later and less. Meanwhile, parents face rising stress, and children suffer an epidemic of anxiety. The family is the fundamental building block of a society, as the cell is…
February 4, 2025
The Family First Act Would Expand Net Income Tax Refunds to Higher Income Families
Some pro-family conservatives are rallying around Rep. Blake Moore’s (R-UT) Family First Act. Relative to a clean extension of the Tax Cuts and Jobs Act, the bill would cost an additional $575 billion over the next decade in order to increase the generosity of tax breaks targeted at families with children. The bill would lead over half of tax filers…