By Roger F. Noriega
By Timothy P. Carney
By Mackenzie Eaglen
What’s New on AEI
According to new data just released by the IRS, the top 400 US taxpayers paid almost as much in federal income taxes ($19.1 billion) in 2010 as the 67.5 million Americans in the bottom 50% of all taxpayers ($22.4 billion).
The case of police Officer Darren Wilson shooting Michael Brown in Ferguson, MO became, in the public imagination, a symbol for everything wrong with our criminal justice system, and for the inequities and depredations minorities and the poor suffer daily.
It’s past time for all of us who lead, teach, or study at one of the nation’s colleges or universities to take a more active role in ending campus rape, and to make sure that the likes of “Drew” — the Phi Psi ring leader who put Jackie through a living hell — don’t go on to graduate to murder.
| The Hill
Unfortunately, it is likely that not much will be different three months from now regarding U.S. strategy to combat Islamic extremists even after a change at the top of the Pentagon.
The D.C. policy establishment seems to be betting on a bureaucrat, rather than a politician, to replace Hagel as Secretary of Defense.
The problem with the Congressional Budget Office (CBO) isn’t who is in charge of it. The problem is the importance placed on who the person in charge is, particularly because CBO makes such opaque assumptions in its budget analyses. More transparency would solve these problems.
Republicans won a resounding victory in the midterm election in November 2014, but that was just the beginning of their work. To be trusted with control of the White House in 2017, Republicans will need to demonstrate that they have the strategic vision, tactical skill, and ability to execute on a coherent agenda between now and the next presidential election, which is less than two years away.
Bill Frenzel may not be the last of a breed. But the numbers like him are vastly diminished, and those with his personal and public qualities are rare at any time.
Even if under a Republican Congress the CBO is to complement its existing analysis with other methods — more transparency, “macrodynamic scoring” — then who better than Dr. Elmendorf to lead the effort?
In his recent Title II announcement, President Obama failed to hold accountable all players in the Internet ecosystem. Here, Roslyn Layton explains the implications of such a discrepancy.
The HHS has lowered its expected 2015 enrollment to 9 million from 9.9 million lives. An earlier estimate from the Congressional Budget Office pegged that figure at 13 million. Is the HHS trying to lower enrollment expectations in the hopes of obscuring future failures?
China is forcing a response by the United States to regain its primacy. But the US has not demonstrated the political wherewithal to resource its response.
The exit poll consortium of five news networks and the Associated Press reported that health care ranked second behind the economy of the four issues voters said were the most important facing the country.
The Fed’s decision to end the QE purchases was easy. The harder decision – when to raise the funds rate – lies ahead. Could the data provide a compelling case by June in favor of tightening given the risk of making a policy mistake that would be difficult to reverse? It’s possible, but not likely.
Better student outcomes data would not cure every market distortion created by government’s involvement in higher education. But it would help consumers’ market discipline. And a more competitive market would actually reduce government intervention in the sector.
Though the Federal Reserve now publishes the Federal Reserve Board members’ forecasts for the future path of a key Fed-set interest rate, historically, these Fed forecasts have not predicted the rate especially well. This suggests that the Fed’s new push towards transparency should be met with at least some measure of skepticism.
Much of what we hear about the plight of American women is false. Some faux facts have been repeated so often they are almost beyond the reach of critical analysis. Though they are baseless, these canards have become the foundation of Congressional debates, the inspiration for new legislation and the focus of college programs.