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 from new research produced by Harvard University’s Raj Chetty and his collaborators. These analysts studied economic outcomes for 57 million children born between 1978 and 1992, whose…
September 17, 2024
The Blue State Family Exodus: Families Are Migrating to Red and Purple States
You would think that Minnesota is a mecca for families, judging by the adulatory press coverage that Democratic Gov. Tim Walz’s family policy record in the state has received from liberal professors and pundits. Celebrating the vice presidential nominee’s moves to expand the child tax credit for poor families, advance paid family leave, and provide…
September 12, 2024
Surgeon general’s dour picture of parenthood misses the mark
Fifteen years ago, after we had adopted five children, I thought my wife and I were done having children. Boy, was I wrong. She got pregnant with twins in 2009 and, after the girls were born, I was shellshocked by the double dose of diapers, late nights and extra parenting demands — not to mention…
September 11, 2024
As America’s housing crisis intensifies, the American Housing and Economic Mobility Act of 2024 has emerged as a high-profile yet expensive solution.
The bill comes with a $500 billion price tag and endorsements from leading Democrats, including Vice President Kamala Harris. Moody’s, a major financial services company, has also blessed the act, predicting it will lower rents and significantly boost the supply of affordable housing. But before the country embraces this rosy outlook, it must confront a stark reality: Government interventions in housing…
September 9, 2024
The Nanny State Is Not the Answer to Parents’ Challenges
The chaos of summer is over. Kids have gone back to school. But fall brings a whole new set of challenges. We parents have spent the past few weeks creating complex matrices — schedules for child care, after-school activities, and car pools. But by next week, someone will get sick, or a babysitter will quit, and…
September 5, 2024
Hurt Pennsylvania’s Workers to Win Pennsylvania’s Votes?
Have populist politics gotten so out of control that politicians believe they need to hurt Pennsylvania’s workers in order to win Pennsylvania’s electoral votes? Yesterday, the Washington Post reported: President Joe Biden is 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…
September 4, 2024
Kamala Harris’s Housing Plan Would Be Worse Than Doing Nothing
Originally appeared in Newsweek On August 16, presidential candidate Kamala Harris unveiled a series of housing proposals that recycle the same failed strategies that have plagued federal housing policy for decades. Among the key components are subsidies for the construction of 3 million new housing units over four years, as well as a total of $100 billion…
September 2, 2024
This Is How to Fix the Housing Crisis
Vice President Kamala Harris correctly identified one of America’s biggest problems when she said that “there’s a serious housing shortage.” America’s affordable-housing crisis exacerbates wealth inequities, leads low-income parents to live in neighborhoods with less upward mobility and reduces our country’s capacity for economic growth, innovation and adaptation to regional shocks. Unfortunately, her proposed solutions…
August 30, 2024
When It Comes to Declining Donations, There’s More to the Story
To the Editor: New research showing a sharp decline in giving in 2018 — the year after passage of the 2017 Tax Cuts and Jobs Act — must be tempered by a consideration of the extent of nonitemized giving, which is often difficult to capture. Rasheeda Childress’s article “Donors Likely Giving $16 Billion Less Each…
August 29, 2024
Kamala Harris Wants to Turn the Tax Code into a Mammoth ATM
Given her liberal record, it’s no surprise that Vice President Kamala Harris’s recently released economic agenda calls for vast increases in benefits for low-income adults. But it should be surprising for that spending to be cast as tax relief since low-income adults pay few, if any, federal income taxes in the first place. That’s the spin Harris…