Publications

The federal minimum wage has been stuck at $7.25 for 17 years— which is bad news for workers, especially those in states that do have not set a higher wage floor.

An AI sovereign wealth fund would concentrate political power, reinforce the AI bubble, and divert attention from more effective industrial and corporate tax policies.

The Trump administration has reinstated a full suppression strategy to wildfires — a move that defies explanation and puts firefighters at risk.

The Trump administration’s ‘war on fraud’ is attempting to defund a successful anti-fraud operation in New York.

Medicare Advantage providers are making billions in ‘bonus payments’ — one more sign of a dysfunctional, wasteful health care system.

While families should accept the government’s one thousand dollar contribution, almost everyone is better off saving for their children through a 529 plan rather than adding money to a Trump account.

Is there an AI bubble? Some key indicators point to one — and when bubbles burst, there can be massive shocks in the housing and job markets that last for years. This weekly tracker will compare current trends on Wall Street with historical averages.

Trump’s proposed baby accounts rely on unrealistic investment assumptions, obscure the effects of inflation, and lock up funds while cutting programs that help low-income families.

The June jobs report points to a cooling labor market, with slowing wage growth, job gains concentrated in health care, declining prime-age employment, and no evidence that AI is boosting productivity.

While this month’s job growth numbers are fine, wage growth remains weak and the continuing concentration of jobs in the health care and social assistance sector does not suggest a strong economy overall.