Daily Policy Digest

Economic Issues

Worksharing and Long-Term Unemployment

Under worksharing, a firm can reduce the hours of its workforce in lieu of a layoff, and workers whose hours have been reduced are eligible for a prorated unemployment insurance benefit...

Greek Economy in Shambles

The greatest danger to turning around an economy like Greece's is the political threat: with so many unemployed and underemployed citizens, frustration is taken out on politicians...

The Paycheck Fairness Act Is Based on Myth

When choice of job and time in the workforce are considered, studies demonstrate that women and men earn practically the same amount...

Fostering Upward Mobility

In a review of studies on intergenerational mobility, five factors were important determinants of income mobility: segregation, income inequality labor market challenges, welfare programs, education and family structure...

National Minimum Wage Hurts Low-Cost Areas

In low-cost areas, an employer cannot raise his prices to compensate for a 40 percent increase in the minimum wage up to the proposed $10.10 per hour...

Thoughts on Income Inequality

What most Americans understand about inequality is based on three false assumptions: that inequality is inherently unjust, that it is bad for the economy and that government redistribution is the best remedy...

Bleak Prospects for Long-Term Unemployed

Only 11 percent of the long-term unemployed in a given month return to full-time employment a year later...

Obama's Trade Agenda

People and countries should focus on the things that they do well, while being encouraged to trade for other goods and services...

Low Interest Rates Hurt Seniors

The Federal Reserve's low interest rate policy hurts older Americans...

The Poor Are Not Getting Poorer

Over half of taxpayers moved to a different income quintile from 1987 to 1996 and from 1996 to 2005...


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