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October 9, 2024
Learning the Right Lessons from the “China Shock”
…the extent that adverse effects on import-competing workers created Keynesian aggregate-demand reductions, post-2007 economic slack was a major contributor. The paper is well titled: “Protectionism is Failing and Wrongheaded: An…
October 9, 2024
Kamala Harris’s Main Priority Is Expanding Welfare, Not Strengthening the Middle Class
…Middle-Class Family,’ Explains Wife When Husband Asks Why the Car Is on Fire.” It all smacks of a career politician with significant income and assets trying desperately to appeal to middle-income voters. And…
October 8, 2024
House Committee on Ways and Means Hearing on Misuse of TANF Funds
…a Rowe Scholar in Poverty Studies at the American Enterprise Institute. Previously I served for over two decades on the staff of the House Ways and Means Committee, including as…
October 3, 2024
Stop the insanity. Our national debt now tops $35 trillion…
…monthly mortgage payment for a median-priced home up by over $1,000. Lower-income Americans spend a greater share of their income on housing, so such rising costs are just one example of…
October 2, 2024
AOC’s “Social Housing” Dead End
…investment fall. One indicator of the popularity of AOC’s vision: at a time of sharply rising housing demand, median prices for Co-op City units last year fell 43 percent. Still, Ocasio-Cortez hopes…
October 2, 2024
Higher Education: Making Education Beyond High School Work for All
…federal loans. Many students, especially those who grew up in families below the median income, got a raw deal from higher education. Disillusionment with college has yielded a 12 percent drop in…
September 27, 2024
Food Insecurity Increases Driven by Middle- and High-Income Households
…22.3 20.0 21.8 Third Quintile 19.8 17.4 19.6 20.1 Fourth Quintile 19.9 16.2 20.0 15.2 Fifth Quintile 20.8 17.8 20.8 14.8 *Note: Household incomes are calculated by taking the median…
September 24, 2024
Household Food Insecurity Rises Again – Inflation, especially for households ineligible for safety net programs, to blame
…economic conditions—such as the poverty rate, the unemployment rate, median income, and homeownership—to assess whether changes in these economic factors appeared to explain the rise in food insecurity rates. Overall,…
September 20, 2024
Don’t Believe the Doomsayers. The American Dream Is Still In Reach for Young People
The American dream is still alive and can be achieved in just one generation, even among the most economically disadvantaged young people. That finding is among the most promising takeaways…
September 11, 2024
Doing Right by Kids: A Book Event
…the Safety Net Panelists: Kay S. Hymowitz, William E. Simon Fellow, Manhattan Institute Matt Weidinger, Rowe Scholar, American Enterprise Institute Brad Wilcox, Nonresident Senior Fellow, American Enterprise Institute Moderator: Kevin…