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November 12, 2024
Key Points Read the PDF. The American government runs on contracts between government agencies and private companies (both for- and not-for-profit).1 When things go awry, it is often because a long-term incumbent contractor lacked the incentive to provide more cost-effective services or accountability for a poor product, both of which have been made clear by the…
November 7, 2024
Soaring illegal immigration during the Biden-Harris administration was a major campaign theme, with a pre-election Harvard poll finding Americans considered immigration the second-most important issue—right behind inflation and ahead of the economy. An AP exit poll seconded that ranking, with 39 percent of voters citing the economy as their top issue, followed by immigration at 20 percent—up from three…
November 4, 2024
Nationalist/populist conservatives, including the Republican nominee, claim that US economic history supports their views of trade protectionism. Donald Trump says “tariff” is “the most beautiful word in the dictionary” and that America “in the 1890s was probably the wealthiest it ever was” because of its tariff system. First, per capita GDP is, conservatively, seven times higher…
October 23, 2024
The number of first-year students on America’s college campuses dropped five percent this fall, according to the National Student Clearinghouse Research Center’s new enrollment estimates. The drop—which reverses last year’s four percent increase in freshman enrollment—is directly attributable to the Education Department’s bungled launch of a new financial aid application form, which prevented hundreds of thousands of students…
October 21, 2024
JD Vance and Kamala Harris have at least one thing in common: proposals to expand the child tax credit (CTC). Currently, the CTC offers households up to $2,000 per child under the age of 17. It phases in as wages exceed $2,500 (an incentive to work) and phases out for high-income workers (a disincentive to…
October 18, 2024
Earlier this week, scholars from the Ethics and Public Policy Center, the Niskanen Center, and other right-of-center organizations issued a memo calling for pro-family tax reforms during the upcoming debate over the future of the Tax Cuts and Jobs Act. While reasonable arguments can be made for most of their proposed reforms, their recommendation to phase in…
October 3, 2024
America will have a new president and a new Congress in 2025, and with that change comes the opportunity to rethink federal policy towards higher education. The federal approach suffers from many problems, but the core one is that federal subsidies indiscriminately fund traditional colleges, regardless of their financial value, and shortchange promising alternatives, such…
September 23, 2024
Name a policy that Donald Trump, Kamala Harris, Ron DeSantis, and Gavin Newsome all support. And I don’t mean something they are passively allowing or a shallow endorsement of motherhood and apple pie, but real, meaningful policy they are running on in campaigns and enacting while in office. The list of such policies is not…
September 16, 2024
The Congressional Budget Office (CBO) has published a new report on federal student loan repayment, and the picture isn’t pretty. Six years after first entering repayment on their loans, over half of borrowers owe more than they did when they started repayment. This disappointing fact is partially the result of a program that, ironically, was meant to…
September 11, 2024
High school seniors fretting over whether they’ll receive a college acceptance letter can sleep a little easier. College admissions rates, which had been declining for decades, are now on the upswing. Indeed, most colleges now accept a greater share of their applicants today than they did twenty years ago. Until recently, rising admissions rates were far…