Daily Policy Digest

Economic Issues

The 114th Congress Has a Chance to Boost Innovation

Public policymakers, says the CBO, must "endeavor to promote innovation to compensate for that underinvestment."...

American Millenials Are Not Working

A recent Census Bureau study found more than 100 million Americans collecting a government check or benefit each month...

Welfare Reform's Relation to Upward Mobility

Columbia University found the rate of children living in poverty declined by 10 percent between 1990 and 2006...

U.S. Trade Deficit Narrows in February

Exports decreased 1.6 percent from January to $186.25 billion, while imports fell 4.4 percent to $221.69 billion...

The Unemployed are not the Only People Applying for Jobs

Every month, millions of workers search for new jobs although they already have one...

The Fed's Support of Asset Prices and Low Rates leads to Slow Economic Growth

U.S. GDP growth is still sluggish, registering only 2.3 percent last year and expected to reach a mere 2.5 percent this year...

World Income Inequality and Poverty Are In Decline

Inequality in market and disposable income are steadily increasing in the US, and compared to similarly wealthy countries, the US redistributes comparatively less...

Housing Bust Accounts For the Slow Economic Recovery

Bank lending in advanced economies quadrupled in the second half of the 20th century, from about 30 percent of GDP in 1945 to about 120 percent of GDP just before the 2008 global financial crisis...

Chinese Leaders' Choices between Aggression and Accommodation Are Important

GDP rankings demonstrate a large economy itself does not automatically translate into global political influence...

Welfare Reform Can Help The American Dream Get Out Of Crisis

Welfare reform seems to have succeeded in advancing parent incomes, increasing work among parents and reducing out of wedlock births to increase upward mobility...


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