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September 5, 2024
Hurt Pennsylvania’s Workers to Win Pennsylvania’s Votes?
…Steel’s acquisition of U.S. Steel. The economics here are straightforward. From my March column in the Financial Times: Nippon’s acquisition of US Steel would benefit the economy broadly and the working class…
September 4, 2024
Kamala Harris’s Housing Plan Would Be Worse Than Doing Nothing
…$25,000 in down payment assistance to 4 million first-time buyers over four years is likely to inadvertently raise home prices, thereby diminishing the intended benefits of this support. Currently, first-time…
September 2, 2024
This Is How to Fix the Housing Crisis
…the beginnings of her economic platform, Ms. Harris announced a housing plan that includes demand-side subsidies like $25,000 for all first-time home buyers. The problem, however, with any policy that…
August 29, 2024
Kamala Harris Wants to Turn the Tax Code into a Mammoth ATM
…“child allowance” checks payable even to nonworking parents. At the time, the administration claimed the expansion reflected a “tax cut for working families,” even though $88 billion, or 81% of the…
August 26, 2024
Vouching for Self-Sufficiency
…renting to voucher recipients. First, policymakers should implement a time limit on the program, akin to cash welfare, motivating tenants to become self-sufficient and making way for the many households…
August 24, 2024
Harris’s Child Tax Credit Proposal Could Backfire, Perpetuating Poverty
…One parent works full time making $10 an hour, while the other parent stays home with the children. If they received no government assistance, this family would scrape by on…
August 18, 2024
Why NYC’s Most Affordable Housing May Already Be Available
…an older couple in Queens having a hard time paying their property taxes can’t decide to let a younger couple with a baby move into their empty bedrooms. It means…
August 16, 2024
The Harris Campaign’s Foolish Down-Payment-Assistance Scheme
On the surface, Kamala Harris’s proposal to provide $25,000 in down-payment assistance to first-time homebuyers looks to be an incentive for upward mobility. Historically, homeownership has been the foundation for wealth creation for…
August 15, 2024
Women Want More Children Than They’re Having. America Can Do More to Help
…hedonistic reasons. In explaining why she is childless, Beth Davis, a marketing professional, told The Wall Street Journal that she and her husband “have more time and energy to commit to ourselves,”…
August 1, 2024
Two Outrageous Bills Kamala Harris Sponsored Would Crush Taxpayers
…$21 trillion cost would have been seven times the $3 trillion cost of the 2020 CARES Act — the most expensive bill ever signed into law. While in effect, Harris’…