On Tax Day in America, we all recognize two important traditions. First, like all days, we salute the troops for making Tax Day possible. Second, we rehash stuff that has been beaten into the ground so much that you want to die reading about it. This year, the latter tradition is being carried on by… Continue reading Tax Day and the Rich
Author: Matt Bruenig
Asian Poverty Varies a Lot by Group
Andrew Sullivan has a post where he argues that the economic success of Asians in the United States suggests that the lack of success of other groups cannot be chalked up to racism. One response to this kind of argument is that, as a historical matter, anti-Asian racism did hold Asians back and Asians only… Continue reading Asian Poverty Varies a Lot by Group
Come See the Violence Inherent in the System
United Airlines violently removed a passenger from an airplane earlier this week. The company had overbooked the flight, which is standard practice in the airline industry, and then failed to entice enough people to give up their seats by offering as much as $800 to anyone who would volunteer. The final solution to the conundrum… Continue reading Come See the Violence Inherent in the System
Poor Disabled Children Pushed Off of SSI Because of Welfare Reform Had Horrible Lives
When people talk about the 1996 welfare reform bill, they tend to focus on the law’s destruction of Aid to Families with Dependent Children (AFDC). And for good reason. According to Danilo Trisi’s analysis of TRIM microdata, extreme poverty among children nearly tripled in the years after the new welfare regime was implemented. But welfare… Continue reading Poor Disabled Children Pushed Off of SSI Because of Welfare Reform Had Horrible Lives
Has Underemployment Among College Graduates Gone Up?
Steve Matthews has a piece in Bloomberg arguing that the underemployment rate among young college graduates remains elevated and that this is a sign that the labor market is unhealthy and that labor market slack still remains. I am sympathetic to the idea that the labor market remains unhealthy and that slack still remains, but… Continue reading Has Underemployment Among College Graduates Gone Up?