An overheating economy, high policy uncertainty, and declining consumer confidence pose recession risks of 53 percent as of April 2025. This paper employs a weighted logit model to aid policymakers in early intervention. Key indicators include consumer expenditure, yield curve, disposable income, and economic policy uncertainty, enhancing prediction accuracy in recession modeling. Continue reading
Category Archives: U.S. Domestic Policy
A Drop in Consumer Sentiment: Economic Consequences and Policy Impacts
Executive Summary Introduction The Council of Economic Advisers (CEA) provides research and analyses to the Executive branch to inform policy directives. CEA Chair Stepehen Miran appeared on CNBC on March 25th amid economic uncertainty, stating he does not believe there is a strong relationship between consumer sentiment and consumer spending. Consumer sentiment is tracked in detail by … Continue reading
Impact of Retail Electricity Deregulation on Consumer Prices: A Difference-in-Difference Approach
Executive Summary Introduction Electricity has become the most fundamental commodity in the United States. Its growing influence underpins nearly every major industry. It powers homes, infrastructure, and manufacturing. Innovation and technological development for the entire economy depends on efficient and reliable energy transmission. Utilities markets in the U.S. have historically been viewed as natural monopolies. … Continue reading
School Choice: A Bipartisan Solution to the Failures of Public Schools During the COVID-19 Pandemic
By Rose Laoutaris Introduction The issue of school choice has been debated for decades between parents, teachers, and politicians. While the idea is not necessarily new, the concept of school choice became popular after Milton Friedman published his book, “The Role of Government in Education,” and in response to the increasing control state and federal … Continue reading
Will the Raise the Wage Act Work?
Understanding Universal Basic Income
Introduction In December 2018, Finland’s Social Insurance Institution, KELA, terminated their two-year Universal Basic Income (UBI) experiment that aimed to “increase employment and simplify the Social Security system” citing insignificant changes in the employment rate of participants. Despite this outcome, prominent U.S. figures–such as Elon Musk and Mark Zuckerberg– and the California Democratic Party still … Continue reading
The Opioid Epidemic’s Age Blindness
The single strongest indicator of the opioid crisis is drug overdoses, which have grown rapidly in recent years due to opioid dependency. The rise in overdose deaths has been driven by opioid dependency, fueled by over prescription. Between 1999 and 2015, prescription opioid sales per capita rose 356 percent[1]. During that period, opioid-related deaths quadrupled. … Continue reading
VBP Has the Chance to Become the MVP
America has a drug problem that goes well beyond opiates and abuse. Pharmaceutical drug prices have skyrocketed in the last decade and fueled an overall increase in health care costs and spending[1]. The top ten most prescribed medications have all risen more than 50% since 2011, with four out of ten having doubled in cost. … Continue reading
The American Franchise at Risk
On September 13th the House subcommittee on Worker Protection and the subcommittee on Health, Employment, Labor, and Pensions held a congressional joint hearing to consider the Save Local Business Act. The proposed bill seeks to define joint employers as those who have “actual, direct, and immediate control” over employees and to roll back the Obama … Continue reading
Census Bureau Report Shows Rural America is Being Left Behind
Rural America is struggling. As blue-collar jobs move overseas and people flock to major cities in an increasingly knowledge-based economy, rural America is being left behind in the next wave of economic growth. President Donald Trump broke the Democratic “blue wall” in the 2016 presidential election by appealing to rural voters, running on a platform … Continue reading
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