The Economics of the Korea-U.S. Free Trade Agreement
The Issue: President Donald J. Trump has said he is considering withdrawing from the Korea-U.S. Free Trade Agreement due to an increasing trade deficit with this nation. In October, the countries...
View ArticleCan President Trump Terminate NAFTA or KORUS Without Congressional Approval?
The Issue: President Trump has threatened to withdraw the United States from the North American Free Trade Agreement (NAFTA) as well as from the Korea-U.S. Free Trade Agreement (KORUS). Does a U.S....
View ArticleHow Proposed Changes in State and Local Tax Deductions Matter for Public Schools
The Issue: Current tax reform plans by both House and Senate Republicans propose to eliminate or limit federal tax deductions for state and local taxes. If passed, state and local authorities would...
View ArticleSNAP: Nutrition Aid Can Provide Long-Term Benefits
The Issue: The Supplemental Nutrition Assistance Program (SNAP), also known as "food stamps", is one of the largest anti-poverty programs in the United States. Policy changes up for consideration...
View ArticleDo Police Body-Worn Cameras Reduce the Use of Force?
The Issue: Public outrage following several high profile police shootings captured on cell phone videos led police departments across the nation to equip officers with body cameras. The programs aimed...
View ArticleDo Trade Restrictions Work? Lessons From Trade With Japan in the 1980s
The Issue: The bilateral trade deficits between the United States and a range of countries, including Japan, Korea and, especially, China, fuel President Trump’s claims that these countries compete...
View ArticleAntitrust in the Information Age
The Issue: Among the arguments being laid out by the U.S. Department of Justice in its opposition to AT&T’s acquisition of Time Warner is the notion that the mega deal would stifle innovation from...
View ArticleDo Place-Based Policies Work?
The Issue: People’s economic fortunes are often tied to where they live. Telling people to move to high-income areas in the hopes of raising their economic fortunes downplays the costs and...
View ArticleDo Current GOP Tax Reform Proposals Resemble Reagan’s Tax Reforms?
(This is an interactive graph. Hover your cursor over the chart area for more) The Issue: President Donald Trump has invoked the experience of the Reagan Administration's tax reforms to promote the...
View ArticleWhat Happened To Women’s Rising Participation in the Workforce?
The Issue: For decades, the share of women who are employed was steadily rising in the United States, contributing to economic growth and serving as a countervailing force to a slow decline in the...
View ArticleCatch-22? Mass Shootings and Gun Control Legislation
The Issue: It has become conventional wisdom that gun sales spike every time an all-too-common mass shooting occurs in the United States. However, while gun sales do spike after certain mass shooting...
View ArticleTax Reform Threatens Infrastructure Investment
The Issue: Infrastructure is essential for economic activity and growth, but our nation has accumulated an infrastructure “debt”. In February 2017, President Trump announced that he would ask Congress...
View ArticleEmployment and Poverty
The Issue: For the past two decades, U.S. anti-poverty policy has coalesced around the idea that work should be at the center of anti-poverty programs. In this environment, it is important to...
View ArticleAutomation and the Growing Importance of Social Skills in the Labor Market
The Issue: Employment growth in high-paying jobs has slowed since the year 2000, and this has been particularly true for jobs in science, technology, engineering and mathematics (STEM). One possible...
View ArticleMedicaid and CHIP: Filling in the Gap of Children’s Health Insurance Coverage
The Issue: Together, Medicaid and the Children's Health Insurance Program (CHIP) have become an integral source of health insurance for children in the United States, providing coverage for more than...
View ArticleThe Economic Gains from Legalizing DREAMers
The Issue: There are approximately 3 million residents of the United States who were brought here as children and whose parents do not have legal residence. About 1.6 million of these individuals meet...
View ArticleThe University Endowment Income Tax: Who Will Pay it and Why Was it Implemented?
The Issue: The recently enacted federal tax legislation levies a tax on the endowment income of colleges and universities with large endowments. The Facts: The endowment income tax imposes a tax of...
View ArticleThreats to U.S. Agriculture from U.S. Trade Policies
The Issue: Sales of U.S. agricultural products abroad are responsible for 20 percent of U.S. farm income, supporting more than one million American jobs on and off the farm. The three biggest buyers...
View ArticlePutting the Recent Swings in Stock Market Indexes into Context
The Issue: The volatility in the stock market in the first week of February 2018 stands in stark contrast to unusually low volatility throughout 2017. This volatility has raised concerns about the...
View ArticleWeak Links in the Chain Migration Argument
(Click here for a larger version.) The Issue: The term "chain migration" is currently being used to describe a process in which one legal immigrant can generate many new admissions by sponsoring his...
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