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September 10, 2024
America is Still Working
…Capital Project SCP Report No. 3-20, 2020, https://www.jec.senate.gov/public/index.cfm/republicans/2020/7/the-demise-of-the-happy-two-parent-home. [29] George A. Akerlof, Janet L. Yellen, and Michael L. Katz, “An Analysis of Out-of-Wedlock Childbearing in the United States,” Quarterly Journal…
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 2, 2024
Democrats’ Automatic Stimulus Proposals Undermine the Administration’s “Strongest Economy” Claims
…all governed by the Sahm rule. And last fall Senate Finance Committee Chairman Ron Wyden (D-OR), accompanied by Bernie Sanders (I-VT), Elizabeth Warren (D-MA), Michael Bennet (D-CO), and Sherrod Brown…
July 17, 2024
Key Takeaways from a New Report on Potential Unemployment Insurance Reforms
…huge new programs strained UI systems to the point of breaking. While the economy is currently healthy, it is critical that policymakers and states take steps to prepare for the…
June 26, 2024
American Workers Are Doing Great. They Could Be Doing Even Better.
Editor’s note: This is one of a pair of essays responding to the Economic Innovation Group’s report, “The American Worker: Toward a New Consensus”, by Adam Ozimek, John Lettieri, and…
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
…since 1950.” (p. 4) Bastian cites the research of Schanzenbach and Strain (2020) to argue that a reasonable guess for the true employment effect of eliminating just the EITC would…
January 12, 2024
When It Comes to the State of the American Economy, Let’s Keep It Real
…increase from eight percent in 1960. Then there’s research by my AEI colleague Michael Strain that found income inequality across all households—after accounting for taxes and government transfers and estimated with a Gini…
December 18, 2023
The State of Democratic Capitalism: 2023
…is wrong. Their solutions won’t work. That economic reality will lead to a political course correction. The future for democratic capitalism is bright. Michael R. Strain holds the Arthur F….
December 14, 2023
The Myth of the 1%
The skewing of income toward the top 1% of earners has become a central issue in American politics, with both Republicans and Democrats proposing higher taxes on the rich. But…
October 30, 2023
Does Wage Theft Vary by Demographic Group? Evidence from Minimum Wage Increases
Using Current Population Survey data, we assess whether and to what extent the burden of wage theft — wage payments below the statutory minimum wage — falls disproportionately on various…