Alice Rivlin, a former director of the Office of Management and Budget and director of the Congressional Budget Office, says a temporary deal to raise taxes on those earning $250,000 or more could lay the groundwork for an overhaul of the U.S. tax code.
According to the Center on Education and the Workforce at Georgetown University, levels of education are a major factor in employment. In 2011, unemployment was 3.8 percent higher for those with just a high school diploma compared to those with at least a bachelor's degree -- only 5.3 percent of whom were unemployed. And for those who do not graduate high school the jobless rate was an astounding 19 percent.
If conservatism were winning, does anyone doubt that Romney would be running as a conservative? Yet unlike Ronald Reagan and Barry Goldwater, Romney is offering an echo, not a choice. His strategy at the end is to try to sneak into the White House on a chorus of me-too’s.
One of the first provisions of the Affordable Care Act to take effect prohibited insurers from turning down children younger than 19 on the grounds that they had a preexisting medical condition. The provision was supposed to make coverage more accessible to vulnerable kids whose families were trying to buy coverage on the individual market. Instead, it had the opposite effect: Insurers in many states stopped selling child-only policies.
Some of us would like him to be much bolder in addressing income inequality, the huge roadblocks to upward mobility, and the persistence of poverty. But is there an Obama second-term agenda? Yes, there is.
Host Melissa Block talks to regular political commentators, E.J. Dionne of The Washington Post and Brookings Institution, and David Brooks of The New York Times. They discuss the political impact of the last debate and unpack the latest poll numbers in the presidential race.
Our understandably intense focus on restoring full employment in the current down-cycle economy has led some to relegate education and education reform to the back burner. But we do so at our peril. The fact of the matter is that a redesigned and stronger educational system is essential to a sustainable economic recovery.
Employment for Americans with an associate's degree or some college has increased by 578,000 the past six months to 35.2 million, while payrolls for those with at least a bachelor's are up by just 314,000 to 46.5 million, Labor Department figures show.
Researchers say that the lack of specifics about college loan debt in Tuesday's debate reflect the complexity of the issue: Economic forces over the past 30 years have made bachelor's degrees a prerequisite to entering many areas of the workforce, yet the government is increasingly unable to help fund that added educational requirement. The result: it's handed off more and more of that responsibility to the students themselves.