What’s New on AEI
In On the Margin’s seventh annual survey of public opinion on tax issues, Bowman and Sims discuss current polls on the IRS, tax reform, the tax burden, and the president’s tax policies.
| Washington Examiner
The decline of heavy industry in Scotland plus the free market and anti-union policies of Margaret Thatcher’s Conservative governments in 1979-90 made her party anathema in much of Scotland.
If the private sector would step in to fill the void left by Ex-Im, as Boeing and Goldman both say, that implies Ex-Im is displacing private-sector financing — and that’s exactly what the private-sector finance professionals tell me.
Unlike many countries that are hedging their bets over China, or waffling on living up to their security commitments in places like Europe, Japan is eager to step up and play a leadership role in Asia.
Before Obamacare, many working class Americans had an upper middle class healthcare benefit that they got at work. Now they’ll be put on a plan benchmarked to Obamacare — one that looks a lot like Medicaid. Only the wealthier services firms, and their upper income employees, will be able to buy their way up, and out of this scheme. That’s progressive egalitarianism under Obamacare.
Adults may not have a clear sense of the costs and benefits of further education. To the extent adults are foregoing college because they don’t recognize the costs and the benefits of these other options, it represents a lost opportunity for both individuals and for the economy.
So we know how to solve the problems of urban America, but we — that is, “you people who don’t agree with my agenda” — just don’t care enough about children in need to do so. The problem with President Obama’s remarks isn’t that they’re partisan. They don’t even fit with his diagnosis of the problems at hand.
Today’s mortgage market is described by respected policymakers and economists as having very tight mortgage credit, but this characterization is misleading. A few statistics about FHA loans, which comprise 25 percent of government guarantee home purchase loans, are sufficient to dispel the myth that only pristine borrowers can get a mortgage.
In a letter to the editor of the Financial Times, Desmond Lachman suggests that a Greek exit from the euro would be beneficial if default and capital controls are perceived to be inevitable.
Getting Washington to get along, let alone agree, can require moving mountains. But this bipartisan group of leading DC think tanks is unanimous: The need to pursue long-overdue defense and institutional reforms is now.
What does The Cage-Busting Teacher mean for policymakers and reformers? How can they create the conditions whereby cage-busting teachers can thrive?
Wages are (largely) determined by the market, and government assistance — funded by taxpayers — is used to help low-income families meet a baseline standard of living. That some low-wage workers receive government assistance isn’t a bug in the system; it’s a feature.
If it is progress against poverty that we’re pursuing, trade beats the pants off every fancy development program ever devised. The simple mundane beauty of making things and exchanging them freely is the best anti-poverty achievement in history.
America’s allies joined the China-led bank because there is currently no alternative to Beijing’s new plans, and they want to be part of the 21st century Asian economy.
Marriage has a transformative effect on adult behavior, emotional health, and financial well-being—particularly for men.