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February 6, 2024
Research by a Top Biden Administration Economist Reinforces the Importance of Work Incentives in the Child Tax Credit and the Safety Net
…single mothers markedly over the past 30 years. (In that regard, you really should look at Bastian’s Figure 2, which shows the employment rate of single mothers jumping about 14…
January 31, 2024
The Wyden-Smith Child Tax Credit and Work: Responding to Critics
…to considering a simple two-period model given that the existing CTC was not implemented until 2018 and COVID-19 caused major labor market disruptions beginning in 2020.) Empirically, whether the look-back…
January 19, 2024
The Work Incentive and Employment Effects of Eliminating the Child Tax Credit’s Annual Income Requirement
…We also discuss how the reform would affect the incentive to work more or fewer hours. We conclude that this reform would have important impacts on the labor market that…
December 11, 2023
Has Inequality Made Americans Poorer than Bulgarians, Russians, and Filipinos?
…and with 2 to 6 percent in Slovenia, Austria, Italy, Iceland, Sweden, Germany, Japan, Denmark, and Switzerland. In fact, of the full list of 29 countries with data in the…
October 31, 2023
It Takes Two
…are in a stable, loving relationship. They also matter because the likelihood that a child lives with married parents has fallen markedly. In 1980, 77 percent of children in the…
October 5, 2023
Do 60 Percent Of American Workers Have Insecure Jobs?
…outfit to portray the American economy as in dire need of “rebuilding.” The report summarizing the findings is titled, “Labor Market Not Yet Working for Workers.” Like American Compass’s previous…
September 6, 2023
Working from Home Has Increased More Modestly Than Many Believe
…about how many people are working from home today compared with before COVID. If they believe working from home has risen markedly, they may assume it is more permanent than…
July 10, 2023
Reforming the EITC to Reduce Single Parenthood and Ease Work-Family Balance
…individual earnings rather than the earnings of the tax unit. This change would not affect single beneficiaries, but it would markedly alter the benefits available to married couples. Under current…
July 6, 2023
The End of Affirmative Action Calls for a Renewed Conservatism of Opportunity
…college, entering adulthood without the knowledge and skills that are most highly compensated in the labor market. And, in marked contrast to the picture in the early days of affirmative…
June 21, 2023
The Bad Math Behind Economic Doomerism
It’s a big week for American Compass, a think tank founded in 2020 that fancies itself as the “pre-eminent alternative to the Old Right’s market fundamentalism.” On the heels of its new…