June 22, 2023
The Cost of Thriving Has Fallen: Correcting and Rejecting the American Compass Cost-of-Thriving Index
AbstractThe Cost-of-Thriving Index (COTI), developed by American Compass Executive Director Oren Cass, asks whether families can afford a middle-class lifestyle. It compares the costs of five goods and services to the income of a typical full-time male earner. Cass concludes that the cost of thriving has increased dramatically, from 40 weeks of work in 1985…
June 7, 2023
Don’t Give Away the Farm Bill
Republicans have one more chance to roll back out-of-control welfare spending this year. The farm bill—must-pass legislation that authorizes food stamps and other agriculture programs—will be voted on by December. GOP lawmakers should focus on reining in President Biden’s unprecedented and expensive food-stamp hike. The American Rescue Plan’s temporary 15% increase in food-stamp benefits was…
June 1, 2023
Will Chat Tech Help the Neuro-Divergent Find Their Place in Society?
The lament that digital technologies and social media are contributing to an epidemic of loneliness and conflict is ubiquitous. Whether these technologies caused or exacerbated these challenges is hard to unpack. My view is America’s sociability crisis was already advanced before Facebook, Twitter and other technology companies figured out how to monetize loneliness by providing…
May 23, 2023
Biden Courts Another Mortgage Crisis
The Biden administration is making moves that could imperil the safety of the housing finance system. Recent mortgage pricing changes, which have generally decreased fees for borrowers with lower credit scores and increased fees for those with higher scores, have rightly garnered public outcry, but they are the tip of the iceberg. The administration’s other…
April 17, 2023
Data Tools 6: The Geography of Traditional Families in America
The sixth in a series from Charles Murray. “Every generation, civilization is invaded by barbarians—we call them ‘children.’” These words, often attributed to Hannah Arendt, express a truth that societies have known since societies began: Children must be socialized. Two other truths that societies have instinctively known for millennia are that the birth parents must…
February 1, 2023
The Change in Poverty from 1995 to 2016 Among Single‐Parent Families
Whether poverty has risen or fallen over time is a key barometer of societal progress. Between 1970 and 2020, the official poverty rate in the United States fell by just 1.2 percentage points (9.5 percent), suggesting limited economic gains for the disadvantaged despite large investments in anti‐poverty programs. In contrast, several recent studies have found much…
January 24, 2023
“Gig,” Contract, and Nontraditional Workers
A recurring theme of the Workforce Futures Initiative has been how little we know about the evolving needs of workers and businesses or even how the nation’s spatially and numerically vast labor market actually operates. This is especially true when we consider the “gig” or contract worker economy, which has grown dramatically in the past…
December 15, 2022
The Myth of Income Stagnation
According to the conventional wisdom, income stagnation and inequality are large and growing threats to broad-based prosperity in the United States. Many economists, journalists, business leaders, and elected leaders (from both parties) believe that for a large share of households, real (inflation-adjusted) income has not increased for decades, and that income inequality – the gap between higher- and lower-income households –…
December 9, 2022
“Automatic Stimulus”: How It Would Have Increased the Record Unemployment Benefits Paid During the Great Recession and Pandemic
Key Points Read the PDF. Executive Summary The COVID-19 pandemic saw unemployment claims reach a high of over 33 million in June 2020—over two and a half times the prior record set during the Great Recession. From March 2020 until temporary federal programs expired in September 2021, nearly 1.6 billion weeks of benefit checks were…
September 21, 2022
Lessons from the Unprecedented Fraud and Abuse of the Unemployment Benefits System During the Pandemic
Chairman DeSaulnier, Ranking Member Allen, and other members of the Subcommittee on Health, Employment, Labor, and Pensions, thank you for inviting me to testify at this morning’s hearing examining the administration of the Unemployment Insurance system. My name is Matt Weidinger, and I am a senior fellow and Rowe Scholar in poverty studies at the…