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Stories written by Stuart Shapiro
Stuart is a professor and the Director of the Public Policy program at the Bloustein School of Planning and Public Policy at Rutgers University. He teaches economics and cost-benefit analysis and studies regulation in the United States at both the federal and state levels. Prior to coming to Rutgers, Stuart worked for five years at the Office of Management and Budget in Washington under Presidents Clinton and George W. Bush.

Obama Doing His Part On Inequality

The chart here explains who would win and who would lose under the proposals in President Obama’s State of the Union address. The bottom 20 percent would see their after-tax incomes grow by around 1.2 percent, while people in the top 20 percent would receive -0.7 percent less. Congress (sadly, in a bipartisan fashion) has […]

The graph here shows the share of income of the top 1% of earners.  While there was a modest dip in 2013, all signs point to the 1% continuing to lap up most of the gains of the economic recovery:  The share of total income (excluding capital gains) going to the top 1 percent remains above […]

While everyone agrees that we need stringent standards for who gets to become a doctor or a lawyer, what about a manicurist?  Or a locksmith?  How about an upholsterer?  Many states have such licenses which largely mean that consumers need to pay more for these services.  The Obama Administration wants to cut back these unnecessary […]

With CBO reporting that the cost of Obamacare is lower than expected, the Obama Administration has turned its attention to lowering the cost of Medicare and medical care generally. The Obama administration announced Monday a sweeping new plan that will directly affect thousands of hospitals and doctors across the country. The federal government now plans […]

Buried in the waft of proposals surrounding the State of the Union was an important proposal to change the tax code: That is the essence of the president’s proposal.  He’d curb the use of 529s, which disproportionately benefit upper-income families, to finance expansion of the American Opportunity Tax Credit, which is available only to families […]

As the Senate prepares to vote on the Keystone pipeline, yesterday they voted on several amendments to the bill.  First they voted 98-1 to acknowledge that climate change was real (Roger Wicker R-MS in case you were wondering).  Then came the vote on whether it was caused by human action: The final climate amendment, introduced […]

Cooking The Numbers

One of the first things Republicans did upon taking control of Congress was requiring the Congressional Budget Office to use “dynamic scoring” when assessing tax cuts (but not spending increases).  My latest column for The Hill explores this cynical move: At best, the change to dynamic scoring will affect a very small number of bills […]

Mona Chalabi puts together some simple information and comes up a disturbing conclusion. Eighty people hold the same amount of wealth as the world’s 3.6 billion poorest people, according to an analysis just released from Oxfam. The report from the global anti-poverty organization finds that since 2009, the wealth of those 80 richest has doubled […]

Hottest Year On Record

It’s official, 2014  is the hottest year on record. Last year was the hottest on Earth since record-keeping began in 1880, scientists reported on Friday, underscoring warnings about the risks of runaway greenhouse-gas emissions and undermining claims by climate-change contrarians that global warming had somehow stopped. And if the temperature record isn’t enough for you, […]

More Good News On Obamacare

The good news keeps rolling in on everyone’s favorite statute: For the first time in a decade, the number of people struggling to pay their medical bills has started to decline, according to a new survey released on Thursday by the Commonwealth Fund. The researchers attributed the historic drop to the number of people gaining […]

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