Daily Policy Digest
Economic Issues
| Workers Saving Too Little to Retire A 2012 report by the Employee Benefit Research Institute shows that 57 percent of U.S. workers reported less than $25,000 in total household savings and investments, excluding their homes... |
| Federal Guarantee of Multifamily Debt Market Exposes Taxpayers to Risk With more than 12 percent of the total housing stock considered multifamily rental housing, it is important for millions of Americans that the multifamily mortgage market operates correctly... |
| No Bank Is Too Big to Fail By the time the housing bubble burst, failure of large banks was not considered a plausible option given the perceived systemic risks... |
| Slow Economic Growth in 2013 Even if nominal gross domestic product (GDP) growth is larger than the Congressional Budget Office's official predictions for 2015 to 2023, GDP growth per year will only average 1.47 percentage points... |
| Central Banks Losing Autonomy The U.S. Federal Reserve is buying more than 90 percent of newly issued U.S. Treasury securities... |
| The Myth of America's Cowboy Capitalism The Federal Register, which contains all proposed rules and regulations, has grown more than 2,848 percent since its first volume... |
| A New Road Map for U.S.-Chinese Relations Washington has renewed its focus on the strategic and economic significance of Asia, and in particular China, calling for a policy of "pivot" or "rebalance"... |
| Battling Blight in Detroit Between 2000 and 2010, the city of Detroit lost 237,500 residents, or 25 percent of its population... |
| How to Help the Poor without Slowing the Recovery Finding ways to reduce the costs of regulation will be the most effective way to increase the real incomes of the poor... |
| Low Interest Rates Could Cause Havoc Interest rates cannot be kept low forever, and when the Federal Reserve raises interest rates, housing prices are going to drop everywhere... |
