November 16, 2023
Work in a World of Abundance
AEI’s Michael Strain contends that, at least for the next several decades, it is highly unlikely that artificial intelligence (AI) will all but eliminate human jobs. This is largely due to the “creative” side of creative destruction. Innovation creates wealth, wealth creates demand, demand spurs employment. The amount of work to be done always increases. Over the…
November 8, 2023
Perspective: The 4-Year Dividing Line
New survey shows the compounding benefits of college degrees. Here’s how to help those without degrees to catch up When it comes to jobs and work, the past three years have been among the most tumultuous in decades. From mass layoffs in the early phase of the COVID-19 pandemic to surging reemployment and wages as the country…
November 6, 2023
Upskilling from the Top
As artificial intelligence (AI) continues its rapid advance, upskilling is shifting from a luxury good to a necessity for almost all workers. Traditionally, upskilling efforts have focused on frontline and production staff. That approach is unlikely to work when it comes to AI. To reap the benefits of this technology, we need commitments at all…
November 3, 2023
The Biden AI Executive Order: Dark Brandon or Uncle Joe?
President Biden’s executive order this week on artificial intelligence (AI) brings to mind his split media personality, which consists of the avuncular “Uncle Joe” and the more Machiavellian “Dark Brandon.” This bifurcated political personality has the advantage of keeping his opponents guessing, but in the case of the EO, it creates a policy jumble that is going…
October 31, 2023
Lawmakers Continue Trying to Revive Pandemic-Style Benefits
In 2008, Rahm Emanuel, chief of staff to President-elect Barack Obama, famously issued Rahm’s rule: “You never want a serious crisis to go to waste. And what I mean by that [is] it’s an opportunity to do things that you think you could not do before.” Lawmakers applied Rahm’s rule liberally during the pandemic, providing record stimulus…
October 27, 2023
Food Insecurity in the US and Inflation
The US Department of Agriculture (USDA) has released its annual report on household food security—a survey that measures whether US households have “access at all times to enough food for an active, healthy lifestyle.” The report documented the largest yearly increase in food insecurity since the Great Recession—increasing from 10.2 to 12.8 percent of all US households…
October 26, 2023
New Report Sheds Light on Expansive Biden Student Loan Forgiveness Scheme
Last week, the Urban Institute published a new report examining, in detail, the implications of President Biden’s latest scheme to forgive as much student debt as possible before the next election cycle: the SAVE repayment plan. This report brings much needed clarity to the question of exactly how Biden’s misguided attempts to forgive student debt through executive…
October 20, 2023
Value Needs to be the Next Buzzword in Higher Education
For a long time, advocates and policymakers in the higher education space were fixated on improving “access” to higher education. As a society, we recognized that higher education was a powerful tool for promoting social mobility, and helping people born into lower-income households advance financially and pursue fulfilling careers. We also realized that higher education…
October 12, 2023
Now the Administration Is Legislating on Welfare, Too
Last week the Department of Health and Human Services issued a proposed rule related to the Temporary Assistance for Needy Families (TANF) program. TANF is the cash welfare block grant Congress created in the 1996 welfare reform law, which was central to that legislation’s efforts to promote more work and less welfare receipt. For a capital already familiar with…
October 11, 2023
CHANGING THE OFFICIAL POVERTY MEASURE WOULD HELP RICH STATES AND HURT POOR STATES
Earlier this year, a National Academies of Sciences, Engineering, and Medicine report recommended elevating the Supplemental Poverty Measure (SPM) to the “nation’s headline poverty statistic,” and noted that the Office of Management and Budget could christen the SPM as the new official poverty measure. This action would require no Congressional input. The two interactive maps below report…