Daily Policy Digest

Economic Issues

The Regulatory State

It cost Americans a whopping $1.863 trillion to comply with federal regulations in 2013, more than the gross domestic product of Canada...

Executive Order Closing Restaurants, Killing Jobs

The Navy estimates that 390 fast food restaurants will close due to new costs resulting from an executive order to raise the minimum wage, meaning a loss of 5,750 jobs; additional closures on Army and Air Force bases could mean a loss of 10,000 more jobs...

What Is the Best Way to Measure Inequality?

By adding in in-kind benefits (such as health insurance and health care), incomes in the lower and middle quintiles have actually grown, and the growth of inequality is reduced...

Are Baby Boomers Saving Enough?

In 2010, 80 percent of households headed by someone aged 65 to 74 owned their homes; half of these had fully repaid their mortgages...

State Economic Performance and Outlook

Texas outdid the rest of the states in terms of economic performance between 2002 and 2012...

Apprenticeships on the Decline

Apprenticeships offer unique opportunities for workers to gain necessary skills, yet the number of apprenticeship programs in the United States has fallen 40 percent over the last decade...

Banking Salaries: Public Versus Private

Federal banking regulatory agency compensation, on average, is more than 2.7 times that of private-sector bank employees...

Bond Market Bubble?

Today, nonfinancial companies have borrowed to such an extent that their debt level equates to more than 55 percent of gross domestic product...

Myth of Economic Immobility

Eighty-four percent of Americans have higher family incomes than their parents had at the same age, across all levels of the income ladder...

Moving Up and Down the Income Ladder

Only 0.6 percent of the U.S. population will spend 10 consecutive years in the top 1 percent of the income distribution...


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