Tag Archives: AEI

Inequality: What We Earn vs. What We Consume

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Is inequality better measured by what we earn or what we spend? The difference is surprising. [Credit: Politic.org]

Is inequal­i­ty bet­ter mea­sured by what we earn or what we spend? The dif­fer­ence is sur­pris­ing. [Cred­it: Politic.org]

Is your stan­dard of liv­ing bet­ter mea­sured by what you earn or by what you buy?

The ques­tion may seem an odd one, but it is crit­i­cal to under­stand­ing the prob­lem of ris­ing inequal­i­ty. Con­tin­ue read­ing →

Student Loans: Punishing People Who Play By The Rules

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President Obama believes that requiring student loans to be repaid is punishing good behavior. [Credit: NPR]

Pres­i­dent Oba­ma believes that requir­ing stu­dent loans to be repaid is pun­ish­ing good behav­ior. [Cred­it: NPR]

“If some­body plays by the rules, they shouldn’t be pun­ished for it.” — Pres­i­dent Obama

The Pres­i­dent made this inar­guable state­ment in the course of pro­claim­ing a change in the law gov­ern­ing stu­dent loans.  Hence­forth, mil­lions of peo­ple who bor­rowed for col­lege will have their month­ly pay­ments restruc­tured and, in some cas­es, be entire­ly relieved of the oblig­a­tion to repay their debt.

In the President’s mind, bor­row­ing mon­ey is play­ing by the rules; pay­ing it back is pun­ish­ment. Con­tin­ue read­ing →

Do You Believe In Government Conspiracies?

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Secretary of State John Kerry last week offered up his theory on the Kennedy assassination, joining the many of Americans who subscribe to conspiracy theories. [Credit: The Guardian]

Sec­re­tary of State John Ker­ry last week offered up his thoughts on the Kennedy assas­si­na­tion, join­ing many Amer­i­cans who sub­scribe to con­spir­a­cy the­o­ries. [Cred­it: The Guardian]

“Mod­ern diplo­mats approach every prob­lem with an open mouth.” — Arthur J. Gold­berg, for­mer Labor Sec­re­tary, Supreme Court Jus­tice, and UN Ambassador

If Gold­berg is right, then there is no more mod­ern a diplo­mat than our chat­ty Sec­re­tary of State, John Ker­ry. Ker­ry last week mused aloud on the Kennedy assas­si­na­tion dur­ing his inter­view with for­mer net­work news­read­er Tom Brokaw. “To this day,” Ker­ry said, “I have seri­ous doubts that Lee Har­vey Oswald act­ed alone.” Con­tin­ue read­ing →