April 1, 2023
Advocates of minimum wage increases have long touted their potential to reduce poverty. This study assesses this claim. Using data spanning nearly four decades from the March Current Population Survey, and a dynamic difference-in-differences approach, we find that a 10 percent increase in the minimum wage is associated with a (statistically insignificant) 0.17 percent increase…
February 1, 2023
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 7, 2023
There are too many barriers that stand in the way of the American dream for black and Hispanic young adults — from failing schools to unsafe streets. Unfortunately, Covid made these barriers worse, as wrong-headed lockdown policies in many of our public schools deepened learning gaps between white children and black and Hispanic children, and spiraling crime rates…
December 9, 2022
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…
November 17, 2022
Event Summary On November 17, AEI’s Paul Ryan and Angela Rachidi launched their new volume, American Renewal: A Conservative Plan to Strengthen the Social Contract and Save the Country’s Finances (AEI, 2022). In his opening remarks, Speaker Ryan noted our unique social and political moment, contending that many Americans are suffering at the hands of…
November 3, 2022
Spotlight hosted an engaging and substantive discussion on recent trends in childhood poverty. The event, held with the support of the Esther A. and Joseph Klingenstein Fund and the Doris Duke Charitable Foundation, was moderated by Aparna Mathur, Senior Fellow at Harvard Kennedy School’s Mossavar-Rahmani Center. The panelists were Dana Thomson of Child Trends, Samuel…
September 30, 2022
Preface Raising children, as can be fully appreciated only after you’ve done it, takes place in realtime. They eat, sleep and grow whether you’re ready or not. So as parents supply childrenwith the most crucial material treasure they ever will receive — a stable, loving home — manyrely on some outside help in caring for…
September 21, 2022
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…
June 15, 2022
Early last year, Senator Mitt Romney proposed a new approach to family policy that exposed some significant rifts among right-leaning policy wonks who care about fighting poverty and supporting family formation. This week, Romney (together with fellow Republicans Richard Burr and Steve Daines) has offered a revised version of the idea that might just have what it takes…
August 23, 2021
By Richard V. Burkhauser, Kevin C. Corinth, and Douglas Holtz-Eakin Abstract The COVID-19 pandemic and the associated government-mandated shutdowns caused a historic shock to the U.S. economy and a disproportionate job loss concentrated among the working class. While an unprecedented social safety net policy response successfully offset earnings losses among lower-wage workers, the risk of…