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Simplistic, misleading analysis may create a neat talking point or draw lots of web traffic, but it lowers the quality of public debate about America’s job market woes.

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President Barack Obama talks on the phone at the Resolute Desk in the Oval Office, Dec. 18, 2014. (Official White House Photo by Pete Souza)

Despite the Democratic party’s losses in November’s elections, President Obama has audaciously begun ignoring constitutional restraints in order to impose his policy views.

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The new year will bring opportunities for AEI Economics scholars to advise policymakers on practical solutions for strengthening the market, getting Americans back to work, and bolstering a sputtering economy. Here are some areas AEI’s Economics team scholars will be watching closely in 2015.

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Foreign Affairs

The policy steps you might take to respond to this startup wind-down — and the decline in innovation and good jobs it implies — are pretty smart ideas in their own right.

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math

What was the biggest math story of 2014 according to the popular Political Calculations blog? It’s a math story of statistical fraud that reaches all the way into the Oval Office, and was reported on this blog numerous times this year.

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Washington is grabbing too much power — just look at Obamacare, environmental regulations and education standards. That has been a constant complaint of conservatives, not only during Barack Obama’s presidency but during George W. Bush’s as well.

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The surprising 5 percent third quarter 2014 US economic growth rate was due in large part to positive uptakes in US wealth and consumer confidence. Assuming this trend will continue in 2015, however, is likely unfounded.

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Homeless

In our approach to homelessness, let’s choose compassion over cleanliness. After all, a society is not measured by how many vulnerable people can be seen — it is measured by how it treats the vulnerable wherever they are.

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Looking forward to 2015, the most compelling story which matters to China will be the conclusion of the Trans-Pacific Partnership (TPP). TPP is potentially the biggest global economic event of 2015, and its implications for China are as extensive as for any country not party to current negotiations.

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The story of next year might be an economic battle between oil prices and geopolitical events.

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