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May 7, 2025
Did ‘China Shock’ Throw Millions of Americans Out of Work?
…you know that the decline was 49 percent in Australia, 34 percent in Canada, 34 percent in Denmark, 38 percent in France, 23 percent in Italy, 32 percent in Japan,…
April 15, 2025
Is There Really Pent-Up Demand for Ten Times the Manufacturing Jobs We Have?
…fully 25% of poll respondents say they’d prefer a factory job to their current job, that suggests massive potential unmet by the current labor market.” However, there’s a problem here….
March 27, 2025
The Looming Debt Crisis, the Trump Tax Cuts, and Medicaid
…mark was followed by eighteen years of declining debt-to-GDP levels. But today, we are facing ever-rising debt. By 2055, our national debt is projected to reach 154 percent of GDP,…
February 20, 2025
The American Dream Is Not a Coin Flip, and Wages Have Not Stagnated
…public opinion and objective measures indicate that the labor market is historically strong (though accelerating inflation during and after the COVID-19 pandemic has caused these trends to diverge). Is public…
January 16, 2025
Should We Believe the Economic Data or Americans’ “Lyin’” Eyes? The Answer Is Yes.
…and labor market track the leading objective measure of the strength of the labor market. No lyin’ eyes or lyin’ data here. At least not through mid-2021. Inflation Explains the…
September 10, 2024
America is Still Working
…It may be that because of labor market conditions, men have increasingly opted to receive federal disability benefits and make time for other priorities rather than work at the wages…
September 10, 2024
Event: New Census Data on American Families’ Economic Well-Being
…time since 2003. AEI’s Michael R. Strain described how 2023 marks a year of recovery and improvement, made possible by the Federal Reserve’s successful efforts to get inflation under control…
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…
June 18, 2024
Economic Opportunity and Social Mobility
…Australia, Germany, the Netherlands, Norway, Sweden, and Finland. The evidence is ambiguous as to whether America’s absolute mobility looks worse than or the same as that of Denmark and the…
February 27, 2024
Options for Improving the Child Tax Credit Provisions in H.R. 7024, the Tax Relief for American Families and Workers Act of 2024
…raising children. But H.R. 7024’s child tax credit provisions provide 91 percent of the benefits to families with no income tax liability, belying the “tax relief” marketing proponents often claim….