Paul Ryan and the majority Republican staff of the House Budget Committee are out with a big document that purports to provide a balanced evaluation of the full spate of federal anti-poverty programs. It’s a detailed, serious look at the issue but is beset with misleading evidence and conclusions. While much of the commentary suggests… Read more
These troubled fiscal times are characterized by a few big problems: –too much fiscal drag from misplaced emphasis on deficit reduction in what’s still a weak recovery (with said weakness intimately related to said fiscal drag); –cuts that are too deep in non-defense discretionary programs that invest in everything from upward mobility for disadvantage kids,… Read more
Give this WaPo editorial a quick read. It’s a nice description of a plan that raises low incomes by both raising the minimum wage and expanding the EITC. I’ve heard some legitimate concerns about some of the proposed EITC tweaks in this plan, but it strikes me as a good starting point. Note that both… Read more
Another follow-on to the recent War on Poverty debate, over at the NYT. This marriage-as-a-route-out-of-poverty discussion that always comes up in poverty debates seems pretty disconnected from real-world trends.
That’s the finding of an interesting, quick read in this AMs NYT. It tells the results of a natural experiment wherein members of a North Carolina Cherokee tribe evenly split the profits from a new casino they ran. Fortunately, an epidemiologist (Jane Costello) had already been doing research on poverty impacts on kids in the… Read more