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January 17, 2024

Congress, Don’t Legislate a Takeover of the Nation’s Rental Housing Market

…and the second would be an expansion of the existing Low-Income Housing Tax Credit (LIHTC).  The WFHTC would extend eligibility for subsidized units tenants earning below the area median. On a combined basis the…

January 11, 2024

Biden’s Dismantling of Federal Student Loan Programs Has Inspired Republicans to Go Big

…flexible loan limits which adjust based on the median cost of college for a given program. Moreover, it streamlines federal loan repayment programs, and prevents the Secretary of Education from…

January 9, 2024

Post-Pandemic Recovery for America’s Prime Age Labor Force: A Tale of Two Sexes

…stay, in Fed-speak, “at or near full employment.” Even so, there were important divergences in employment trends within the overall civilian workforce. As an aging Western society, America’s civilian 55+…

January 2, 2024

Billionaire-Built Cities Would Be Better Than Nothing

…off: The schools-ranking website Niche lists it as one of the best U.S. cities to live in. Today, with median housing values of $456,400 and median gross monthly rent of $1,723, the development is…

December 19, 2023

Sins of Omission: Public Broadcasting Fails to Reach a Broad Cross-Section of America

…a Christian school in Nashville whose campus is alcohol-free and specializes in preparing graduates to work in the music industry. The Nashville university also requires study of Shakespeare, the Greeks and the…

December 18, 2023

The State of Democratic Capitalism: 2023

…— six years after the financial crisis — for the median inflation-adjusted wages to return to its level in 2007 level. For six years, over half of workers lost ground. It is…

December 14, 2023

The Myth of the 1%

…and more women have entered the workforce. This considerable improvement in Americans’ well-being is more striking than the share of income accruing to the country’s highest earners. Compare a median-income household to…

December 13, 2023

Stronger Families, Safer Streets

…median share of single-parent families, compared to cities that have fewer single-parent families. That difference is even larger with respect to violent crime and homicide, specifically, with cities above the…

December 11, 2023

Has Inequality Made Americans Poorer than Bulgarians, Russians, and Filipinos?

…is a function of cultural preferences, not income inequality. Also worth noting: based on my analyses of the LIS, median income in the US is higher than in any of…

December 11, 2023

How Public Housing Encourages Single Parenthood and Penalizes Marriage

…data from HUD’s Office of Policy Development and Research, median income per person in public and subsidized housing is just $8,000 today, and 77 % of tenants are classified as “lowest-income”…