Daily Policy Digest
|Not So Fast on the Overtime Rule, Says Judge
Last week, a U.S. District judge issued a preliminary injunction against the Department of Labor's new overtime pay rule, scheduled to take effect on Thursday, writes NCPA Senior Fellow Pam Villarreal.
|Three Reasons Donald Trump Won
Donald Trump's stunning victory last night left media and political pundits shocked and in some cases, horrified. But for anybody who has not benefited from the post-2008 economic recovery (and there are still many), this upset came as no surprise. Here are three factors I believe that the media and pundits underestimated, writes NCPA Senior Fellow Pam Villarreal...
|Artificial Intelligence Is Here: Now What?
The long-term societal benefits of commercialization of AI in education, energy conservation, environmental protection, and health care are indeed worth the commitment to fairness, inclusiveness, and transparency the Partnership on AI publicly supports as part of its efforts to help facilitate AI's acceptance in the United States, writes NCPA Senior Fellow Thomas Hemphill...
|What NCPA Experts Said about Last Night's Debate
What did the NCPA experts have to say about last night's debate? According to NCPA Senior Fellow Pamela Villarreal, the candidates discussed policy, but neither were very familiar with their own tax and economic plans! Hillary Clinton's plan will produce less of a 10-year deficit than Donald Trump's plan, but her tax increases will only cover half of her proposed $1 trillion in new spending. Trump's plan will no doubt grow the economy but will leave a deficit of $7 trillion over 10 years. Both candidates need to face that fact that spending cuts are in order. Even a robust economy will not cover a multi-trillion deficit, and anticipated revenue from tax increases will be less than expected. As far as entitlements, again, Donald Trump's pro-growth policies and Hillary's tax increases will not make Social Security and Medicare solvent over the long run. These are band-aid approaches that ignore real reforms.
|Will Tonight's Debate Delve Into Policy, or Am I Asking Too Much?
The last two debates have been dreadfully disappointing as far as the candidates addressing any substantive economic issues. Based on studies from the NCPA’s Tax Analysis Center, Clinton's and Trump's economic plans produce vastly different results. This is not surprising, of course, since these plans are predicated on different visions for the economy. Mrs. Clinton wants to promote a fair economy where the rich pay more taxes, and Mr. Trump wants an economy that can squeak out a growth rate of more than the paltry 1 to 2 percent under the current administration. In an ideal world, an effective moderator that can maintain control without cheerleading one side or the other might ask these questions of the candidates, writes NCPA Senior Fellow Pam Villarreal...
|NCPA Analysis of Sunday's Presidential Debate
The NCPA experts have been tracking all policy discussion during the debates, and will live-tweet through Sunday's debate and provide detailed analysis afterwards. After two debates, the presidential and vice presidential candidates have left us with more partisan bickering than actual policy. Their discussion of national security and foreign policy left several gaps in need of filling. They name-checked Social Security, but offered no real solutions. And health care -- a problem that impacts Americans on a day-to-day basis - has been startlingly absent from the debates.
|NCPA Statement on Vice Presidential Debate
The ideas presented last night defined each potential administration; from Senator Kaine we heard a promise of more government, and from Governor Pence, we heard a plea for less. While the Vice Presidential debate was a decidedly more thoughtful discussion about critical policy issues, we’re still not clear whether either administration has a detailed plan for solving the aforementioned critical issues, writes James H. Amos, NCPA President & CEO...
|NCPA Analysis of the Vice Presidential Debate Tonight
National Center for Policy Analysis policy experts will be providing analysis during and after the next three debates, starting with the vice presidential debate tonight. To get the most out of tonight's vice presidential candidates' debate, follow and share NCPA policy experts on Twitter as they comment and offer real time analysis of this and the remaining two presidential candidates' debates.
|CAFE Standards Distort Auto Production and Push Jobs South
Once praised for refusing to accept a bailout, Ford is now taking heat for deciding build all small cars in Mexico. Ford already manufactures the Fiesta model in Mexico, and the Focus and C-Max will follow after the newly-proposed $1.6 billion plant is finished. Given that Ford sales have risen strongly since the recession, what is the reason for this change in direction? The easy answer -- labor costs. However, it is also likely that government regulations have helped them to shift jobs south, writes NCPA Contributor Matthew Ruland...
|Occupations: A Hierarchy of Regulatory Options
Government regulation has been shown to stifle innovation and entrepreneurship, thus reducing competition. In contrast, empirical studies of deregulated, competitive industries show that innovation creates greater deregulated price reductions, while market-based incentives lower costs, improve quality, and develop new products and services, writes NCPA Senior Fellow Thomas Hemphill...