Marc Thiessen

Some for-profit colleges have been criticized for high student debt, student recruitment tactics, and lackluster labor outcomes. On the other hand, the for-profit sector is responsible for important innovations in higher education, such as online classes and responding faster to labor market demands. In this episode of The Report Card – the AEI education podcast – host Nat Malkus brings Andy Rosen to discuss the for-profit sector, criticisms against it, and what it can teach other higher education institutions. Subscribe to the Report Card with Nat Malkus on Apple Podcasts. [...]
Thu, Apr 18, 2019
Source: Marc Thiessen Category: MARC THIESSEN
Countries often seek the International Monetary Fund's (IMF's) financial support with the same enthusiasm that patients seek radical treatment from their oncologist. However, like a critically ill patient who has little option but to seek his physician's help, the depth of Turkey's economic crisis leaves that country with little real alternative but to go to the IMF for financial assistance. Sadly, President Recep Tayyip Erdogan seems to be in complete denial about the gravity of his country's economic plight, and he shows no sign of being ready to come to political terms with the United States to facilitate a successful approach to [...]
Thu, Apr 18, 2019
Source: Marc Thiessen Category: MARC THIESSEN
Is the Trump corporate tax cut working? Is it increasing wages and investment? This debate has raged ever since the corporate cuts were adopted in December 2017. Unfortunately, these questions have mostly provoked confusion over how the tax law is supposed to work. Corporate public-relations departments didn't help. When the tight labor market led businesses to issue one-time employee bonus payments in late 2017 and 2018, many PR executives decided to credit the tax cuts, adding fuel to supporters' misguided arguments. Read More For their part, opponents of the law have also brought little light to our understanding of the law, while adding much [...]
Thu, Apr 18, 2019
Source: Marc Thiessen Category: MARC THIESSEN
Ryszard Legutko, a distinguished Catholic philosopher from Poland, was supposed to give a lecture at Middlebury College yesterday. The lecture was cosponsored by the college's political science department and Rohatyn Center for Global Affairs. The lecture's title was “The Demon in Democracy: Totalitarian Temptations in Free Societies.” Middlebury College. @lns1122, Flickr (CC-BY-2.0). Yesterday, Middlebury's President Laurie Patton canceled the lecture, thereby demonstrating that Prof. Legutko may be onto something. The reason: The college could not guarantee the safety of the speaker and others participating in the event. Yes, it could have. All President Patton had to do was issue the following announcement [...]
Thu, Apr 18, 2019
Source: Marc Thiessen Category: MARC THIESSEN
That Sen. Bernie Sanders (I-Vt.) went on Fox News for a town hall Monday night was controversial among Democrats. As Sanders told hosts Bret Baier and Martha MacCallum, “Not everybody thought I should come on this show. Your network does not necessarily have great respect in my world, but I thought it was important for me to be here and have a serious discussion about serious issues.” What Sanders painted as a magnanimous gesture was really a calculated move to boost his presidential prospects: He needs Fox viewers to win the White House. According to the massive Cooperative Congressional Election Study, about [...]
Wed, Apr 17, 2019
Source: Marc Thiessen Category: MARC THIESSEN
Since March, Pakistan's Prime Minister Imran Khan has been focused on oil and gas. An ExxonMobil-led consortium is in the final stages of an offshore drilling project in the Arabian Sea, and Khan thinks that Pakistan may soon hit the “jackpot.” But if he is serious about addressing the rot at Pakistan's core, the platform on which voters elected him, an oil discovery could be a tragedy. Pakistan needs drastic and systemic reform. An oil bonanza will enable the government to postpone needed fixes indefinitely, leaving Pakistan yet another victim of the resource curse. For all of Khan's flaws, he has [...]
Wed, Apr 17, 2019
Source: Marc Thiessen Category: MARC THIESSEN
It is clear that President Donald Trump's administration is not concerned with whether the US will have enough ammunition left to fight the next economic recession. Had it looked into this basic question, it would not now be leaning so hard on the Federal Reserve to cut interest rates and to engage in yet another round of quantitative easing at a time when the US least needs a monetary policy boost. The unemployment rate is the lowest in decades and interest rates are at historically low levels. Equally, over the past decade the Fed's balance sheet has bloated to $4tn, distorting [...]
Wed, Apr 17, 2019
Source: Marc Thiessen Category: MARC THIESSEN
As we have written before, there is a competition of ideas brewing among Republicans on ways that families could pay for time taken off during parental leave. For millions of families around the country this is good news and a major change from where the debate was just a few years ago. Via Twenty20. The latest proposal is from Congressman Andy Biggs, who has introduced the Freedom for Families Act bill would allow families to use money in their Health Savings Account to meet expenses incurred during the birth or adoption of a child, or for a family illness. It would raise [...]
Wed, Apr 17, 2019
Source: Marc Thiessen Category: MARC THIESSEN
Say what you will about progressive proposals to forgive all student debt or provide free college, at least we know what they intend to accomplish. Contrast that with the bill that Senator Jeff Merkley (D-OR) and Representative Rosa DeLauro (D-CT) reintroduced earlier this month, the Affordable Loans for Any Student Act. If enacted, the bill would make student loan forgiveness routine, even for borrowers with the means to repay. But you wouldn't know this from reading the press releases or endorsements from advocacy groups. There's no mention of a big expansion in loan forgiveness. The source of this hidden loan forgiveness is an [...]
Tue, Apr 16, 2019
Source: Marc Thiessen Category: MARC THIESSEN
Remember the “Little Entente,” maintained by Czechoslovakia, Romania, and Yugoslavia during the interwar period? The regional alliance was created under French auspices and its initial goals included preventing the reemergence of a greater Austria and Hungary and defending Eastern Europe against the threat of Soviet communism and later of German Nazism. As late as in the mid-1930s, some in the region were still putting their faith in the arrangement. Yet, if “Little Entente” made sense at the time of its creation, fifteen years later it was apparent that all three actors were hopelessly insignificant in military terms. And also, their interests [...]
Tue, Apr 16, 2019
Source: Marc Thiessen Category: MARC THIESSEN