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May 10, 2025
It was another local tragedy attracting passing notice before being overtaken for our attention by the latest stray bullet homicides and subway assaults. But those concerned with “affordable housing” have much to learn from the Easter morning deaths of three Queens residents and the displacement of perhaps a dozen others in a fire in an…
May 7, 2025
The four-year pause on student loan payments has left behind an alarming fallout: Millions of student borrowers, having disengaged from the student loan system, are not making payments on their debts. Now, the Education Department is asking for help from colleges to get borrowers paying their loans again. On Monday, the Department issued a Dear Colleague Letter to…
May 7, 2025
Musical chairs is one of the first games we play as children. The rules are simple: there are fewer chairs than players. When the music stops, someone ends up standing. Not necessarily because they weren’t fast enough—but because the game was designed for someone to lose. Now imagine blaming the child for losing. We question…
May 7, 2025
Over the past generation, the work trends for older Americans were one of the bright spots in an otherwise decidedly mixed labor force picture. But that is no longer the case. Both employment and labor force participation rates (LFPRs) for the 55-plus contingent in the American workforce fell sharply during the Covid-19 pandemic—but mysteriously, and…
May 7, 2025
In a significant development for higher education policy, House Republicans have unveiled a sweeping proposal to reform student loans and financial aid through the federal budget reconciliation process. This effort, which complements President Trump’s recent executive order on accreditation reform, signals a renewed push to rethink how the federal government supports students and holds institutions accountable for…
May 7, 2025
In a Wall Street Journal op-ed Monday, Treasury Secretary Scott Bessent claimed that “3.7 million Americans lost their jobs” due to the “China Shock”—the increased import competition occurring after China was granted membership in the World Trade Organization. He cites research by David Autor, David Dorn, and Gordon Hanson, linking to two of their papers. But it appears…
May 6, 2025
The Department of Government Efficiency recently spotlighted unemployment benefits paid to tens of thousands of individuals whose reported birthdates indicated they were either children or dead. One claimant’s birthdate even suggested he or she hadn’t been born yet. As Elon Musk said, “Your tax dollars were going to pay fraudulent unemployment claims for fake people born in the future!” The $382 million DOGE identified that taxpayers lost on the associated improper payments is real money. But it’s also just…
May 5, 2025
House Republicans have introduced a comprehensive student loan overhaul as part of the broader budget reconciliation process. Known as the “Student Success and Taxpayer Savings Plan,” the package of reforms aims to save hundreds of billions of dollars through new student loan limits, changes to the repayment system, and policies to hold colleges accountable for their outcomes. If enacted,…
May 2, 2025
In a recent blog post, my AEI colleague Benjamin Zycher took issue with a letter to the editor I published in the Wall Street Journal, in which I agreed with columnist Allysia Finley’s argument to place further restrictions on what Supplemental Nutrition Assistance Program (SNAP) dollars can be used to purchase. My point was simple:…
May 2, 2025
Three years ago, the Biden administration, backed by big bipartisan majorities in Congress, launched the CHIPS and Science Act to revitalize domestic semiconductor manufacturing. After decades of outsourcing that reduced the U.S. production share of advanced chips from 37 percent to 10 percent, this “industrial policy” investment was justified as necessary for national security and as a measure to reinvigorate…