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September 20, 2024

Don’t Believe the Doomsayers. The American Dream Is Still In Reach for Young People

…gaps remain. While a person’s race matters increasingly less, there are community level characteristics whose absence or presence more directly drive individual prospects of upward or downward mobility. Indeed, this…

September 11, 2024

Doing Right by Kids: A Book Event

…more than ever, the Manhattan Institute’s Kay S. Hymowitz advocated for increased workforce and apprenticeship training for working-class men, and AEI’s Matt Weidinger described some of the safety net’s perverse…

September 10, 2024

America is Still Working

…using IPUMS microdata. (See Steven Ruggles, Sarah Flood, Matthew Sobek, Daniel Backman, Annie Chen, Grace Cooper, Stephanie Richards, Renae Rodgers, and Megan Schouweiler. IPUMS USA: Version 15.0 [dataset]. Minneapolis, MN:…

September 5, 2024

Hurt Pennsylvania’s Workers to Win Pennsylvania’s Votes?

…preparing to announce that he will formally block Nippon Steel’s proposed $14.9 billion acquisition of U.S. Steel, according to three people with knowledge of the matter, who spoke on the…

August 29, 2024

The Distribution of Social Capital across Individuals and its Relationship to Income

…measure of income. We find that social capital increases with income but at a decreasing rate. The source of income matters, as an extra $10,000 in market income is associated…

August 28, 2024

Some Context Behind JD Vance’s Child Tax Credit Comments

Recently, GOP Vice Presidential nominee JD Vance said on Face the Nation “We should expand the child tax credit… I’d love to see a child tax credit that’s $5,000 per…

August 15, 2024

Kamala Harris Will Pay You Not to Work

A recent study confirms that universal basic income—no-strings-attached benefit checks offered to recipients regardless of need or contribution to the program—discourages work. That’s relevant to the presidential race. Kamala Harris…

August 2, 2024

Democrats’ Automatic Stimulus Proposals Undermine the Administration’s “Strongest Economy” Claims

Today’s US jobs report finds the nation’s unemployment rate increased to 4.3 percent in July. According to a measure often cited by liberal policymakers, that suggests the US has entered…

August 1, 2024

Two Outrageous Bills Kamala Harris Sponsored Would Crush Taxpayers

As a U.S. senator, Vice President Kamala Harris had a remarkably slim record of accomplishments, shepherding only a handful of minor resolutions across the finish line. But that’s far from…

July 17, 2024

Key Takeaways from a New Report on Potential Unemployment Insurance Reforms

Yesterday, the National Academy of Social Insurance (NASI) released the final report of its Unemployment Insurance (UI) Task Force, of which I am a member. The task force was created…