Minimum Wage: Is Job Loss Acceptable?
Ryan Young, RealClearPolicy
Finally, some minimum-wage advocates are acknowledging the policy’s tradeoffs. New School economics professor David Howell recently asked the Washington Post, “Why shouldn’t we in fact accept job loss?” He calls for a “living wage” mandate for some, even if it hurts others.
Democratic presidential hopeful Bernie Sanders invoked the name of Pope Francis Saturday during a campaign appearance at which he touted his own advocacy of a “moral economy” and challenged Hillary Clinton to endorse his plan to expand Social Security benefits by raising taxes on the wealthy.
Why More States Are Requiring Work Requirements for Food Stamps
Elisabeth Zenger, The Daily Signal
Since 2009, nearly all states have been able to waive the modest food stamp work requirement. But these waivers have gradually been expiring, and as of April 1, more states are once again required to enforce the modest food stamp work requirement.
EITC Expansion Backed By Obama and Ryan Could Penalize Marriage For Many Low-Income Workers
C. Eugene Steuerle, The Government We Deserve
President Barack Obama and Speaker Paul Ryan have proposed similar expansions of the earned income tax credit (EITC) for low-income workers without children. Their goal is laudable: to provide some modest additional income support for low-income workers currently excluded from the EITC. But as designed, their proposals would penalize many low-income workers who choose to marry or are married. Taking that step would not only provide a disincentive to marriage, it would be unfair to many married couples and erode support for the credit itself and for wage subsidies more broadly.