Marc Thiessen

In this first episode of the “New Skills Marketplace” podcast, Andy Smarick (AEI) and John Bailey (AEI) introduce the “skills gap” problem: what it is, where it came from, and whom it affects [4:04]. Next, they give an overview of the various institutions—traditional and nontraditional— taking on the task of reskilling workers [8:42]. From there, Andy and John explain how the topics addressed on the New Skills Marketplace podcast fit into AEI's Human Dignity Project [10:54]. Finally, Andy and John give a preview of future episodes in the series and other AEI publications which will address the skills gap issue [...]
Tue, Sep 19, 2017
Source: Marc Thiessen Category: MARC THIESSEN
Key Points Tax-advantaged college savings accounts known as 529 plans have received criticism for delivering large benefits to upper-income households. However, the federal student loan program also provides sizeable benefits to upper-income families through loan forgiveness under the Income-Based Repayment option in combination with an income tax deduction for student loan interest. For a hypothetical but typical upper-income household, the student loan program can deliver 1.5 to 2.3 times the federally funded benefits of a 529 plan, holding college and graduate school expenses constant. Policymakers who wish to limit the federal benefits of 529 plans could also better target benefits in the federal [...]
Mon, Sep 18, 2017
Source: Marc Thiessen Category: MARC THIESSEN
Two decades ago in July, America launched a new approach to welfare. Passed by a Republican Congress and signed by President Bill Clinton in 1996, welfare reform began in 1997 as a way to shift our premier anti-poverty strategy away from giving low-income people cash and towards help to find employment. This new vision for fighting poverty came to be largely as a result of experimentation at the state level. Two months ago in July, a Republican Congress and administration had a chance to reform our nation's low-income health care program, Medicaid, but fumbled the ball in their inability to agree [...]
Mon, Sep 18, 2017
Source: Marc Thiessen Category: MARC THIESSEN
Republican Representative Steve King of Iowa says that President Donald Trump will see his base “destroyed” if he agrees to provide legal status to illegal immigrants who came here as children, or at least if he does it without securing funding for a border wall. That's bluster. But Trump is taking a political risk. It's true that some of Trump's most prominent supporters are furious with him over the issue. But most voters have sympathy for the affected population and favor legal status. Most Republicans, too: A Morning Consult/Politico poll found that 69 percent of Republicans favored legal status. Exit polling from [...]
Mon, Sep 18, 2017
Source: Marc Thiessen Category: MARC THIESSEN
Key Points In July 2015, the Obama administration announced the Second Chance Pell Pilot Program to support postsecondary opportunities for those incarcerated in federal and state prisons. Providing federal financial aid for prisoners' education is not a new idea: Through the Higher Education Act of 1965, prisoners were eligible to receive a Pell Grant to pay for college courses until legislation in 1994 prohibited them from doing so. The Second Chance Pell Pilot Program opens up that opportunity once again. As the pilot program begins its second year this fall, this brief seeks to fill a knowledge gap for policymakers, researchers, and advocates [...]
Mon, Sep 18, 2017
Source: Marc Thiessen Category: MARC THIESSEN
Economists of all political views breathed a sigh of relief and raised a glass in celebration when Kevin Hassett was confirmed last week as chairman of the Council of Economic Advisers. Hassett, my former American Enterprise Institute colleague, is widely respected, as evidenced by a June letter of support for his nomination signed by 44 leading economists from both the left and right. The signatories include 14 former CEA chairs — every living CEA chair except Janet Yellen (understandable given her current job as chair of the U.S. Federal Reserve) and Joseph Stiglitz, the liberal economist from Columbia University — and [...]
Mon, Sep 18, 2017
Source: Marc Thiessen Category: MARC THIESSEN
Holding page for spotlight: http://www.aei.org/spotlight/constitution-day/ Constitution Day, September 17, 1789. [...]
Sun, Sep 17, 2017
Source: Marc Thiessen Category: MARC THIESSEN
The Founding Fathers didn't expect that serving in Congress would be a lifetime career. And for a century, it mostly wasn't. The first election in which more than half the incumbent members of the House of Representatives were reelected was in 1898. Since then, a majority of House members have been returned in every election except 1932. That's the context in which to weigh the fact that three incumbent Republican House members who have been comfortably reelected have recently announced they are retiring — and the rumors that more will do so. Incumbents tend to know, and be known in, their [...]
Fri, Sep 15, 2017
Source: Marc Thiessen Category: MARC THIESSEN
It's not 1981 anymore. That's the message of an editorial in the conservative Weekly Standard, which warns Republicans not to design a tax reform patterned on the one that Ronald Reagan signed in his first year as president. Mimicking the Reagan tax cuts is a temptation both because of Republicans' enduring admiration for the 40th president and because his program has been the source of the economic ideas they have championed ever since his time in office. But the Standard is right that times have changed. That doesn't mean the Gipper's basic disposition toward lower and less onerous taxes needs to be [...]
Fri, Sep 15, 2017
Source: Marc Thiessen Category: MARC THIESSEN
Back in May, the Trump administration released its proposed federal budget. It called for cutting the current education budget of $68.2 billion by 13%, to $59 billion. Trump's big proposed cuts were a $2.3 billion cut to the Title II-A Supporting Effective Instruction States Grants and a $1.2 billion cut to the 21st Century Community Learning Centers (which fund before-school, after-school, and summer programs). The budget also called for a $1 billion increase in Title I in order to support school choice, a $250 million increase for Education Innovation and Research to build the evidence base around private school choice, [...]
Fri, Sep 15, 2017
Source: Marc Thiessen Category: MARC THIESSEN