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December 20, 2024
Fixing Inflation, Right-Sizing the Federal Government
…(GDP)—a level not seen since 1958. When the 119th Congress and the second presidency of Donald Trump begin next month, policymakers will face a much more daunting fiscal crisis. Federal…
December 17, 2024
Industrial Policy and Deficits: Dark Clouds for Democratic Capitalism
…who wants a job can get a job. The unemployment rate remains very low — well under the rate at which most economists and Federal Reserve policymakers believe is sustainable…
December 11, 2024
Some College Graduates Are Taking Lower-Paying Jobs
…Employers will also need to address bias in hiring practices against people without college degrees. Policymakers must focus on creating more non-college pathways for these individuals to develop and prove…
December 5, 2024
SNAP and the “Make America Healthy Again” Agenda
…purchase with SNAP, policymakers would not only improve the health of participating households, but it would also likely lead retailers to supply and market their products differently—having impacts far beyond…
December 5, 2024
Inflation Reduction Act Offers a General Lesson against Industrial Policy
…absolutely raid it for revenue to reduce business taxes without increasing the budget deficit. If that happens, policy-makers should relearn a valuable lesson: Partisan industrial policy faces many obstacles to…
December 3, 2024
Avoiding an Unemployment Loan Bailout
Taxpayers in most states may have dodged a billion-dollar bullet on election day. That is, if the outcome had been different, liberal lawmakers would have been uniquely positioned to bail…
November 25, 2024
Don’t Write Off Workforce Pell Grants
…by an average of $4,000. High-quality programs such as FastForward shouldn’t lose out on federal funding simply because other workforce education courses demonstrate worse outcomes. Policymakers should adopt a posture…
November 21, 2024
Artificial Intelligence and the Future of Work
…in AI and its impacts on the workforce will be critical to helping inform and equip workers and policymakers to flexibly respond to AI developments. Access the full version here….
November 20, 2024
End Federal Loans for Graduate School
…willing to step in and help these students pay for their educations. Indeed, a thriving private market for graduate student loans existed before Congress removed limits on federal lending. But if policymakers…
November 20, 2024
Eliminate Federal Lending to Graduate and Professional Students; Revenue to Fund Block Grants to States
Graduate student lending is out of control. Students are effectively borrowing without limit to pay for graduate and professional schools, many of which offer little or no return on their…