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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 revealing question we asked was the following: The term American Dream means different things to different people. Here are some ways some people have described…
March 12, 2024
Family Dinners Offer a Silver Lining in a Bleak Social Capital Landscape
Across a variety of indicators, social capital in America is deteriorating. But one trend appears to be cutting across conventional wisdom—gathering the family around the dinner table. Dinners offer an especially valuable chance for family members to come together and share the day’s highs and lows; discuss personal issues, current events, and big questions of…
November 14, 2023
Did Child Poverty Really Increase Last Year?
In 2021, Democrats succeeded in temporarily expanding the child tax credit (CTC) as part of President Biden’s American Rescue Plan. Previously, the maximum CTC of $2,000 per child was available only to workers with income tax liability and who exceeded an earnings threshold. The expansion gave every family $3,000 per child—$3,600 for younger children—regardless of whether…
October 31, 2023
It Takes Two
It is indisputable that children are better off living with two nurturing parents who are in a stable, loving relationship compared to any other living situation. But it gets more contentious from there. Does “stability” require marriage? How important is it to live with two biological parents? What if one (or both) adults are not…
July 10, 2023
Reforming the EITC to Reduce Single Parenthood and Ease Work-Family Balance
Sixty years ago, in 1963, 94% of American children were born to married mothers. Today, the figure is only 60 percent. This decline signals a fundamental disruption in the long-standing stability of the traditional family, the foremost institution shaping each generation of children. Using the Census Bureau’s American Community Survey, I find that in 2021, 40% of…
June 21, 2023
The Bad Math Behind Economic Doomerism
It’s a big week for American Compass, a think tank founded in 2020 that fancies itself as the “pre-eminent alternative to the Old Right’s market fundamentalism.” On the heels of its new policy book, Rebuilding American Capitalism, it hosts an event on Capitol Hill today with multiple Republican senators. It’s the latest sign of the intellectual confusion afflicting…
June 14, 2023
Better Data Means Better Policy
“Did you adjust for inflation?” An occupational inconvenience of doing economic research is that you are routinely asked by disbelieving non-researchers whether your numbers have taken into account the rising cost of living. The answer to that question is nearly always, “Yes.” The debates among researchers are about how to adjust earnings and income for inflation, and…
June 15, 2022
Second Time’s the Charm?
Early last year, Senator Mitt Romney proposed a new approach to family policy that exposed some significant rifts among right-leaning policy wonks who care about fighting poverty and supporting family formation. This week, Romney (together with fellow Republicans Richard Burr and Steve Daines) has offered a revised version of the idea that might just have what it takes…