Buried within the Democrats’ multi-trillion-dollar reconciliation package is a provision to extend the recently expanded Child Tax Credit (CTC) to undocumented immigrants. This would be a grave mistake, and I say that as both a supporter of the CTC expansion and as a proponent of more liberal immigration.
Immigration expansionists face a difficult challenge: they support high levels of immigration—including many more less-skilled immigrants—for a variety of legitimate reasons, but the less-skilled immigration has detrimental economic effects on vulnerable American workers, including earlier generations of immigrants already in the country. That tradeoff is one the expansionists would make, but it is understandably unpopular. […]
A funny thing happened in the days after we published “What Happened: The Trump Presidency in Review.” The collection’s emphasis on the success of economic policies that pushed the labor market toward full employment attracted substantial interest from proponents of looser fiscal and monetary policy. But that “strange new respect” came with the mandatory caveat […]
From my ten years documenting the poverty, pain, and frustration of lower-income communities it is easy to conclude that the American Dream is dead for the working class. There is one big exception though: Newer immigrants, who despite poverty, are still optimistic.
Welcome to American Compass. Our mission is to restore an economic consensus that emphasizes the importance of family, community, and industry to the nation’s liberty and prosperity. Many of the most insightful and creative policymakers, researchers, and pundits on the American right-of-center, and some on the left-of-center as well, are dedicating tremendous intellectual energy toward […]