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February 4, 2025
Snip, Snip: Spending Cuts Are Coming
…foreseeable future. Just the interest on the debt totals almost $1 trillion per year, exceeding the cost of national defense. For Republicans, the underlying problem is simple: As Treasury Secretary Scott Bessent described in his…
January 22, 2025
How the Trump Administration Can Hit Its Growth Target
By setting an ambitious 3% growth target, US Treasury Secretary nominee Scott Bessent has provided the Trump administration a North Star to follow in devising its economic policies. The task…
January 16, 2025
Should We Believe the Economic Data or Americans’ “Lyin’” Eyes? The Answer Is Yes.
…living standards have changed over the long run. Scott Winship is a senior fellow and the director of the Center on Opportunity and Social Mobility at the American Enterprise Institute…
January 7, 2025
Tax Policy Should Prioritize Shoring Up the Family
During the Biden years, tax policy related to the family revolved around the child tax credit (CTC). Attempts to expand the credit to make it easier for two-parent families to…
December 20, 2024
Fixing Inflation, Right-Sizing the Federal Government
Thirty years ago next month, Federal Reserve Board Chairman Alan Greenspan testified before a joint session of the House and Senate Budget Committees with talk of deficit reduction in the…
November 7, 2024
Introducing the “More Accurate Consumer Price Index”
Abstract Particularly since the 1990s, federal statistical agencies have worked to improve the ability of various price indexes to measure changes in the cost of living. However, in recent years,…
October 11, 2024
It’s time to face up to our social poverty problem
…a check. Only by addressing the erosion of strong social ties can we help the disadvantaged flourish, rather than simply providing them an adequate standard of living. Scott Winship is…
October 2, 2024
The effect of taxes and transfers on low-earning workers’ income.
Despite misperceptions that the United States is limping through late-stage capitalism, American workers are more highly compensated than ever before—even the lowest earners. The 20th percentile earner—worse-off than 80 percent…
September 17, 2024
The Future of Work
Since Generation Z has begun entering the workforce, debates swirl around whether young Americans are working too much or not enough. Following Scott Winship’s article in Fusion, Young Voices and…