As I stressed on CNBC this AM, Chris Christie’s entitlement plan is not a good plan. It is instead a classic “key dangle” (“look over here, not over there!”), as the folks at Vox nailed yesterday, –While all the attention has been on benefit cuts for wealthier recipients, that part by itself does very little… Read more
I respond to Megan McArdle…it would appear that we have different reference points for evaluating living standards and even liberty!
Back in my White House daze, while helping out with an economics speech to be given by a top senior official, I suggested a sentence that had the word “distribution” in it in the context of income or tax policy or something. Not even “redistribution.” Needless to say, editors went ballistic—they didn’t just cross it out,… Read more
It was my privilege last night to give the keynote presentation at the Roosevelt Institute Campus Network’s 10th anniversary party. Why me? Because when they started out a decade ago, I recognized what a great idea they had and tried to help a bit. What they’ve accomplished since then is remarkable and gives me hope for… Read more
Yesterday, I published a report by myself and Ben Spielberg analyzing the Congressional Budget Office’s comprehensive data series on household income. Here we dive a bit deeper into some of the weeds, expanding on some of our findings. One motivation for our report was to correct the record of those who claim that the trend… Read more