Fraying social fabric hurting nation’s economy, Sen. Mike Lee says


Scott G Winterton, Deseret News

File – Senator Mike Lee speaks at a Rally in Draper Utah, at the American Preparatory Academy Saturday, March 19, 2016. Many Americans — poor, middle class and wealthy — feel that something is amiss in society that can’t be reduced to economic anxiety but relates more to a sense that nation’s social fabric is fraying, Sen. Mike Lee said. SALT LAKE CITY — Many Americans — poor, middle class and wealthy — feel that something is amiss in society that can’t be reduced to economic anxiety but relates more to a sense that nation’s […]

Restoring America’s Economic Mobility

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LinkedIn Print E-mail Download Issue For parents in the top U.S. decile, 46 percent of their kids will end up in the top two deciles and only 2 percent in the bottom decile. The members of the top decile comprise a New Class of lawyers, academics, trust-fund babies, and media types—a group that wields undue influence in both political parties and dominates our culture. These are the people who said yes, there is an immigration crisis—but it’s caused by our failure to give illegals a pathway to citizenship!There’s a top ten […]

Why have thousands of smart, low-income NC students been excluded from advanced classes?


About this time every year, roughly 5,000 North Carolina 8-year-olds show they’re ready to shine. Despite the obstacles of poverty that hobble so many of their classmates, these third graders from low-income families take their first state exams and score at the top level in math.

With a proper push and support at school, these children could become scientists, engineers and innovators. They offer hope for lifting families out of poverty and making the state more competitive in a high-tech world.

But many of them aren’t getting that opportunity, an investigation by The News & Observer and The Charlotte Observer reveals. […]

Up from Slavery? Intergenerational Mobility in the Shadow of Jim Crow

Up from Slavery? Intergenerational Mobility in the Shadow of Jim Crow

William J. Collins and Marianne H. Wanamaker

Preliminary and incomplete draft: Please do not cite or circulate without the authors’ permission. Abstract: We have built new datasets of linked census records for the late nineteenth and early twentieth centuries to document black-white differences in intergenerational economic mobility. Whether viewed from an occupational or income-based perspective, southern whites were much more likely than blacks, conditional on fathers’ status, to be upwardly mobile and less likely to be downwardly mobile. Children from poor white households often ascended into the American middle class, […]

Restoring America’s Economic Mobility

Frank Buckley
Author, The Way Back: Restoring the Promise of America Frank Buckley is a Foundation Professor at Scalia Law School at George Mason University, where he has taught since 1989. Previously he was a visiting Olin Fellow at the University of Chicago Law School, and he has also taught at McGill Law School, the Sorbonne, and Sciences Po in Paris. He received his B.A. from McGill University and his LL.M. from Harvard University. He is a senior editor of The American Spectator and the author of several books, including The Once and Future King: The Rise of […]

Louisiana spends billions of dollars in settlement and fine money associated with the 2010 Gulf oil spill

Recently restore Elmer

Recently restore Elmer’s Island near Grand Isle (John Snell) (WVUE) –

The largest coastal project in Louisiana history was completed weeks ago, ironically with an infusion of cash stemming from the state’s worst environmental disaster.

Restoration of the $251 million Caminada Headland began several years ago. The state lacked the money to complete the project until it received an infusion of cash from fines and settlements associated with the 2010 blowout of BP’s Macondo oil well 50 miles to the south.Over a 15-year period, Louisiana will collect at least $8.2 billion from BP and partners for the blowout of the Deepwater […]

Winners and Losers in Deepwater Horizon Payout

Deepwater Horizon

Deepwater Horizon rig sinking. BP has been ordered to pay $5.5 billion to settle civil damages claims made by the U.S. as a result of the Deepwater Horizon oil spill. The amount will be paid over the course of 16 years.

Despite protests from both Congress and a broad coalition of environmental groups, the final settlement will allow BP to deduct a majority of the costs as an ordinary business expense.

Friends of the Earth Climate and Energy Campaigner Lukas Ross said: “We are saddened to learn that the gross negligence of BP continues to enjoy taxpayer subsidies. Treating the worst […]

Several Baltimore schools report 0 students proficient in math, reading


Dive Brief:

Six Baltimore City schools — five high schools and one middle school — were found to have not a single student who scored proficient in math or reading in 2016, Fox45 News reports.

One student interviewed by the station said he believes students aren’t passing the state assessments because the material on the tests is not covered in class. Data shows that despite maintaining one of the country’s highest per-pupil spending levels , a recent study out of Harvard University found Baltimore to have the lowest rate of mobility out of poverty in the country, […]

Scott ready to consider BP settlement plan


The measure (HB 7077), which allocates to eight Gulf Coast counties $300 million of $400 million received by the state last year, was among 37 bills sent to Scott on Thursday.

TALLAHASSEE — A proposal to open the tap on BP oil-spill settlement money for Northwest Florida counties hard hit by the 2010 Deepwater Horizon disaster has reached Gov. Rick Scott’s desk.

The measure (HB 7077), which allocates to eight Gulf Coast counties $300 million of $400 million received by the state last year, was among 37 bills sent to Scott on Thursday.The eight counties — Bay, Escambia, Franklin, Gulf, Okaloosa, […]

No, iPhones Aren’t Luxury Items. They’re Economic Necessities


Apple To make it in America, you have to hustle. Fast-food worker or CEO, Uber driver or student, you have to stay connected in an economy built on the assumption that anyone is always reachable anywhere. In 2017, that means you need a smartphone.

When Apple released the iPhone in 2007, the world understood it as a gadget, a novelty, a cool thing you plunked down a handful of cash for if you were lucky enough to have the money. Then you just needed to figure out what to do with it. At first the answer was: play games and […]