What’s New on AEI
With medical practice costs rising under the ACA and revenue falling, it’s no wonder so many doctors are choosing to sell their private practices and become salaried employees of hospitals.
| The Hill
Both Greece and Puerto Rico need to engage in belt-tightening to restore balance to their respective budgets. It is only with such supply-side economic reforms that those economies might have the hope of growing out from under their substantial debt mountains.
The higher education bubble is now bursting. Colleges are closing, college applications and graduate program enrollments are declining, universities are facing lawsuits challenging the verdicts of their kangaroo courts.
Governor Huckabee claims to be representing average Americans against the rich and powerful. But his stances on Social Security should be understood as having the opposite effect.
Incrementalism isn’t enough: Economic policy needs to improve else foreign policy grades too will drop
Bluntly put, if the government’s economic policy grades do not quickly improve its foreign policy grades will suffer too.
It is time for a major diplomatic effort in Southeast Asia. The US should take the lead in getting the key Southeast Asian claimants to agree on what belongs to whom in the South China Sea. It can then be clear on exactly what it is ready to back up with military power.
The claim that mortgage credit is very tight for all but pristine borrowers has been repeated so often by respected policymakers and economists that it is now taken as fact. This characterization of today’s mortgage market, however, is misleading.
If Bush can’t handle an obvious question on Iraq, what is he going to do when even harder questions come — like what he’s going to do about Iraq today?
In cases where borrowers can conclusively prove that a college knowingly misled them using inaccurate data or false advertising, loan relief is a straightforward remedy. Policymakers can’t stop there, though. If an institution’s students cannot pay back their loans, the school should be on the hook to pay back a portion of the loan balance.
A new phrase has rapidly become familiar in schooling: “opt-out.” Across the nation, hundreds of thousands of students are refusing to take state reading and math tests, usually at the behest of their parents.