Welfare (page 7)

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    Government can’t love

    “We can’t help everyone,” Ronald Reagan said, “but everyone can help someone.” That optimistic take on scarcity is the heart of America. We try to forget it when we see big problems and advocate for big solutions, but we know instinctively that change is personal. Supporters of traditional public schools…
    Joseph Coletti, January 23, 2018
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    Energy codes help the rich, hurt the poor

    North Carolina’s building code for energy conservation is nowhere near as strict as California’s. A new working paper suggests this is a good thing if we care about living conditions for people with low incomes. stricter codes create a non-trivial reduction in homes’ square footage and the number…
    Joseph Coletti, January 22, 2018
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    Long-term care insurance

    Markets are not painless panaceas to prickly problems. We can marvel at the marvels of markets in the old movie Trading Places when the Duke brothers’ plans are foiled and they fall into financial ruin, but the pain that comes from bad outcomes from the best of intentions can have…
    Joseph Coletti, January 19, 2018
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    Budget Basics: What is the General Fund?

    This is one of a series of blog posts to help understand common budget terms. The General Fund is what people tend to think of as the State Budget. Money raised for general, unspecified purposes goes there. Between July 1, 2017, and June 30, 2018, roughly $23.6 billion from state…
    Joseph Coletti, January 9, 2018
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    Welfare reform in 2018

    Robert Donachie of the Daily Caller reports on the prospects for federal welfare reform this year. The president made it known early in his first year in the White House that he would not touch Social Security or Medicare, but his rhetoric has changed in recent months and…
    Mitch Kokai, January 9, 2018
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    Questioning the ‘deaths of despair’ argument

    A new paper challenges the notion that the rise in overdose deaths is tied to economic conditions. The authors conclude, “the fatal overdose epidemic is likely to primarily reflect drug problems rather than deaths of despair.” I’m not sure if that’s reassuring, but it does suggest caution when examining…
    Joseph Coletti, January 8, 2018
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    Welfare reform’s risks, rewards

    Michael Tanner‘s latest National Review Online column probes prospects for federal welfare reform. Few areas of government are as ripe for reform as our bloated, inefficient, and ineffective welfare system. The United States has spent more than $23 trillion fighting poverty, roughly $1 trillion last year alone. Yet…
    Mitch Kokai, December 21, 2017
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    Doing less to achieve more in Charlotte

    Bank of America CEO Brian Moynihan told Charlotte business leaders “we have a duty” to improve economic mobility. But the “21 key strategies, 91 recommendations, and over 100 implementation tactics and policy considerations” proposed by a Task Force earlier this year leave too many barriers to mobility in place. I…
    Joseph Coletti, December 13, 2017