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July 19, 2023

Americans Aren’t Buying Bidenomics—Because They’ve Heard the Lies Before

President Joe Biden is desperately trying to sell Americans on Bidenomics, but they’re not buying it. Recent polls show only 39% of US adults approve of Biden’s economic leadership, and a majority of the country has disapproved of his overall job performance for almost two years. At this stage of a presidential administration, only Jimmy Carter had…

July 18, 2023

The Great Recession, COVID-19, Interest Hikes Left a 15-Year Mark on Housing

How have the Great Recession in 2007, the COVID-19 pandemic that hit in 2020, and the Federal Reserve’s interest rate hikes that started in 2022 affected mortgages in the region? Here’s the short answer: Each year, researchers at George Washington University use the State of the Capital Region report to do a deep dive on a policy…

July 18, 2023

Yet More Absurdities in Biden’s Housing Policy

In a recent Wall Street Journal op-ed, my colleague Ed Pinto and I recently raised alarms about how the Biden administration is doubling down on the same failed policies that preceded the housing crash of 2008. Unfortunately, policymakers keep dreaming up new and equally absurd housing policies. The latest move comes from the Federal Housing Administration (FHA), the…

July 18, 2023

The Education Community’s Views on School Improvement Have Fundamentally Changed

A few months back, I reflected on the 40th anniversary of “A Nation at Risk,” the landmark 1983 report. But there’s one important point that I didn’t really address: that the report was characterized by confidence in the DNA of Horace Mann’s familiar schoolhouse, whereas the momentum today is moving in a decidedly different direction. This struck…

July 17, 2023

The Latest Extraordinary Findings on Pandemic Improper Payments

A recently released US Government Accountability Office (GAO) report benignly titled “A Framework for Managing Improper Payments in Emergency Assistance Programs” serves as a forward-looking guide for policymakers responding to future emergencies. It also includes a number of extraordinary facts about how badly government programs were abused during the pandemic. The following highlights what GAO found: 1….

July 17, 2023

Testimony: The Child Tax Credit: 25 Years Later

Chairman Bennet, Ranking Member Thune, and subcommittee members, thank you for theopportunity to testify. My name is Angela Rachidi and I am a Senior Fellow on poverty andopportunity at the American Enterprise Institute. Before I joined AEI, I was a DeputyCommissioner for the New York City Department of Social Services, where for more than a…

July 17, 2023

The Problem with Lived Experience

“The shift among nonprofits and funders towards valuing lived experience has been a journey,” Anna Verghese, executive director of the Audacious Group, told the Chronicle of Philanthropy earlier this spring. Verghese, whose group includes the Bill & Melinda Gates Foundation, MacKenzie Scott, and the Skoll Foundation, says this shift has been “the result of generations…

July 17, 2023

Testimony: Correcting the Record on the Effects of Replacing the Child Tax Credit with a Child Allowance

Chairman Bennet, Ranking Member Thune, and distinguished members of the Subcommittee onTaxation and IRS Oversight, thank you for the opportunity to testify on the Child Tax Credit(CTC). My name is Kevin Corinth, and I am a Senior Fellow and the Deputy Director of theCenter on Opportunity and Social Mobility at the American Enterprise Institute. This…

July 17, 2023

What the Rise in Dog Attacks Signals About the State of America’s Social Capital

If you have ever had the unfortunate experience of being attacked or bitten by a dog, you’re not alone. The one time it happened to me was while walking at night in a park near my apartment. It was dark and difficult to see; I was not paying much attention and was probably staring at…

July 17, 2023

Biden Tries to Revive His Eviction Moratorium Through the Back Door

The federal overreach that was part of the Covid pandemic response included a ban on residential evictions, ordained by, of all agencies, the Centers for Disease Control. Ultimately, the Supreme Court slapped down a Biden-administration effort to extend the ban — which had no serious public-health basis. But that has not stopped the White House from…