class New FDA guidance on alternate approaches in premarket notification for Class II medical devices By feedproxy.google.com Published On :: Fri, 20 Dec 2019 14:09:57 +0000 By Alice Li, MD, MSc, RAC (CAN), Regulatory Scientist, Cato Research FDA issued “The Abbreviated 510(k) Program – Guidance for Industry and Food and Drug Administration Staff” on 13 September 2019. The content of this guidance supersedes the content from 1998 guidance “The New 510(k) Paradigm – Alternate Approaches to Demonstrating Substantial Equivalence in Premarket … Continue reading » Full Article Cato Research FDA FDA Regulatory Guidances Medical Device FDA Guidances medical devices
class New MDCG Class I Article 120 (3) and (4) MDR guidance – nothing new but nice summary of requirements By medicaldeviceslegal.com Published On :: Wed, 18 Mar 2020 08:28:42 +0000 I have blogged before about the effects and possibilities of the Corrigendum of December 2019 for class I medical devices. I refer you to that blog for the background to this discussion, which covers the mechanics of timing. The draft corrigendum discussed in that blog was adopted as described. The new guidance The MDCG has […] Full Article Class I Recast Article 120 Blue Guide MDR
class For the class of 2020, all those once-in-a-lifetime moments are gone By www.latimes.com Published On :: Sat, 9 May 2020 08:00:44 -0400 For the high school and college classes of 2020 — and their families — the coronavirus outbreak has left a large, empty space where signature coming-of-age moments should be. Full Article
class CBSE Class 9 Syllabus 2020: All Subjects By www.jagranjosh.com Published On :: 2020-03-27T14:13:00Z Download the latest CBSE syllabus of all subjects of Class 9. Analyse the syllabus before studyng new chapters in new academic session. Full Article
class CBSE Result 2020: After KV’s & State Boards’ Decision To Pass Students of Classes 1 to 9, Scholars & Parents Seeking Clarity from the Board By www.jagranjosh.com Published On :: 2020-03-27T15:24:00Z CBSE Result 2020: Amid COVID - 19 pandemic & lockdown, Kendriya Vidyalaya Sangathan (KVS) and many state boards (like Gujarat, Haryana, Puducherry) have decided to promote school students (Classes 1st to 9th & Class 11th). After this, many students & parents are seeking clarity from the Central Board of Secondary Education (CBSE). Check updates. Full Article
class India Deal Monitor: RTP Global leads $9m funding in Classplus and more updates By www.dealstreetasia.com Published On :: Mon, 04 May 2020 12:50:29 +0000 The funding will be used to spruce up technology and expand product offerings. The post India Deal Monitor: RTP Global leads $9m funding in Classplus and more updates appeared first on DealStreetAsia. Full Article Blume Ventures Classplus RTP Global Spiral Ventures Surge Ventures
class Nine-factor-based immunohistochemistry classifier predicts recurrence for early-stage hepatocellular carcinoma after curative resection By feeds.nature.com Published On :: 2020-05-07 Full Article
class ART with high viscosity GIC and composite restorations in class II cavities: can they thrive in the post-amalgam era? By feeds.nature.com Published On :: 2020-03-27 Full Article
class How Second Earners Can Rescue the Middle Class from Stagnant Incomes By webfeeds.brookings.edu Published On :: Tue, 10 Feb 2015 00:00:00 -0500 In his state of the union and his budget, the President spoke of the stagnation of middle class incomes. Whatever growth we have had has not been broadly shared. More than 78% of the growth in GDP between 1979 and 2013 has gone to the top one percent. Even Republicans are beginning to worry about this issue although they have yet to develop concrete proposals to address it. Slow Growth in Incomes Middle class incomes were growing slowly before the recession and have actually declined over the past decade. In addition, according to the New York Times, the proportion of the population with incomes between $35,000 and $100,000 in inflation-adjusted terms fell from 53% in 1967 to 43% in 2013. During the first four decades this was primarily because more people were moving into higher income groups, but more recently it was because they have moved down the ladder, not up. One can define the middle class in many different ways or torture the data in various ways, but there is plenty of evidence that we have a problem. What to Do The most promising approach is what I call “the second earner solution.” For many decades now, the labor force participation rate of prime age men has been falling while that of women has been rising. The entry of so many women into the labor force was the major force propelling whatever growth in middle class incomes occurred up until about 2000. That growth in women’s work has now levelled off. Getting it back on an upward track would do more than any policy I can think of to help the middle class. Imagine a household with one earner making the average wage of today’s worker and spending full-time in the job market. That household will have an income of around $34,000. But if he (or she) has a spouse making a similar amount, the household’s income will double to $68,000. That is why the President’s focus on a second-earner credit of $500, a tripling of the child care tax credit, expanding the Earned Income Tax Credit, and providing paid leave are so important. These policies are all pro-work and research shows they would increase employment. No Marriage = No Second Earner One problem, of course, is that fewer and fewer households contain two potential workers. So it would also help to bring back marriage or at least its first cousin, a stable cohabiting relationship. My ideas on this front are spelled out in my new book, Generation Unbound. In a nutshell, we need to empower women to not have children before they have found a committed partner with whom to raise children in a stable, two-parent family. Whatever the other benefits of two parents, they have twice as much time and potentially twice as much income. Other Needed Responses Shouldn’t we also worry about the wages or the employment of men? Of course. But an increase in, say, the minimum wage or a better collective bargaining environment or more job training will have far smaller effects than “the second earner solution.” In addition, the decline in male employment is related to still more difficult problems such as high rates of incarceration and the failure of men to take advantage of postsecondary education as much as women have. Still the two-earner solution should not be pursued in isolation. In the short-term, a stronger recovery from the recession is needed and in the longer-term, more effective investments in education, research, infrastructure, and in labor market institutions that produce more widely-shared growth, as argued by the Commission on Inclusive Prosperity. But do we really expect families to wait for these long-term policies to pay off? It could be decades. In the meantime, the President’s proposals to make work more appealing to existing or potential second earners deserves more attention. Authors Isabel V. Sawhill Publication: Real Clear Markets Image Source: © Kevin Lamarque / Reuters Full Article
class Class Notes: Selective College Admissions, Early Life Mortality, and More By webfeeds.brookings.edu Published On :: Wed, 25 Mar 2020 18:36:42 +0000 This week in Class Notes: The Texas Top Ten Percent rule increased equity and economic efficiency. There are big gaps in U.S. early-life mortality rates by family structure. Locally-concentrated income shocks can persistently change the distribution of poverty within a city. Our top chart shows how income inequality changed in the United States between 2007 and 2016. Tammy Kim describes the effect of the… Full Article
class Class Notes: College ‘Sticker Prices,’ the Gender Gap in Housing Returns, and More By webfeeds.brookings.edu Published On :: Wed, 08 Apr 2020 15:48:43 +0000 This week in Class Notes: Fear of Ebola was a powerful force in shaping the 2014 midterm elections. Increases in the “sticker price” of a college discourage students from applying, even when they would be eligible for financial aid. The gender gap in housing returns is large and can explain 30% of the gender gap in wealth accumulation at retirement.… Full Article
class Webinar: Great levelers or great stratifiers? College access, admissions, and the American middle class By webfeeds.brookings.edu Published On :: Fri, 01 May 2020 13:23:37 +0000 One year after Operation Varsity Blues, and in the midst of one of the greatest crises higher education has ever seen, college admissions and access have never been more important. A college degree has long been seen as a ticket into the middle class, but it is increasingly clear that not all institutions lead to… Full Article
class Class Notes: Harvard Discrimination, California’s Shelter-in-Place Order, and More By webfeeds.brookings.edu Published On :: Fri, 08 May 2020 19:21:40 +0000 This week in Class Notes: California's shelter-in-place order was effective at mitigating the spread of COVID-19. Asian Americans experience significant discrimination in the Harvard admissions process. The U.S. tax system is biased against labor in favor of capital, which has resulted in inefficiently high levels of automation. Our top chart shows that poor workers are much more likely to keep commuting in… Full Article
class Women’s work boosts middle class incomes but creates a family time squeeze that needs to be eased By webfeeds.brookings.edu Published On :: Thu, 07 May 2020 12:00:00 +0000 In the early part of the 20th century, women sought and gained many legal rights, including the right to vote as part of the 19th Amendment. Their entry into the workforce, into occupations previously reserved for men, and into the social and political life of the nation should be celebrated. The biggest remaining challenge is… Full Article
class Class Notes: Harvard Discrimination, California’s Shelter-in-Place Order, and More By webfeeds.brookings.edu Published On :: Fri, 08 May 2020 19:21:40 +0000 This week in Class Notes: California's shelter-in-place order was effective at mitigating the spread of COVID-19. Asian Americans experience significant discrimination in the Harvard admissions process. The U.S. tax system is biased against labor in favor of capital, which has resulted in inefficiently high levels of automation. Our top chart shows that poor workers are much more likely to keep commuting in… Full Article
class Class Notes: Harvard Discrimination, California’s Shelter-in-Place Order, and More By webfeeds.brookings.edu Published On :: Fri, 08 May 2020 19:21:40 +0000 This week in Class Notes: California's shelter-in-place order was effective at mitigating the spread of COVID-19. Asian Americans experience significant discrimination in the Harvard admissions process. The U.S. tax system is biased against labor in favor of capital, which has resulted in inefficiently high levels of automation. Our top chart shows that poor workers are much more likely to keep commuting in… Full Article
class Congressional Master Class: The Senate Filibuster, Congress and the Federal Reserve By webfeeds.brookings.edu Published On :: Fri, 06 Dec 2013 09:11:00 -0500 In this podcast, congressional expert Sarah Binder explains why the Senate filibuster is a historical mistake. She talks about her research on Congress’s relationship with the Federal Reserve and addresses whether Congress is more polarized today than it has been in the past. Binder, a senior fellow in Governance Studies, is also a professor of political science at George Washington University and contributor to the Monkey Cage blog. SUBSCRIBE TO THE PODCAST ON ITUNES » Show notes: • The Federal Reserve: Balancing Multiple Mandates (testimony by Alice Rivlin) • Boom! What the Senate Will Be Like When the Nuclear Dust Settles • Beyond the Horse Race to Lead the Fed • Droning on: Thoughts on the Rand Paul “Talking Filibuster” • Advice and Dissent: The Struggle to Shape the Federal Judiciary • The History of the Filibuster * In the image, Senator Henry Clay speaks about the Compromise of 1850 in the Old Senate Chamber. Daniel Webster is seated to the left of Clay and John C. Calhoun to the left of the Speaker's chair. (engraving by Robert Whitechurch, ca. 1880, Library of Congress) Authors Sarah A. BinderFred Dews Full Article
class Class Notes: Harvard Discrimination, California’s Shelter-in-Place Order, and More By webfeeds.brookings.edu Published On :: Fri, 08 May 2020 19:21:40 +0000 This week in Class Notes: California's shelter-in-place order was effective at mitigating the spread of COVID-19. Asian Americans experience significant discrimination in the Harvard admissions process. The U.S. tax system is biased against labor in favor of capital, which has resulted in inefficiently high levels of automation. Our top chart shows that poor workers are much more likely to keep commuting in… Full Article
class Cities as classrooms: The Urban Thinkscape project By webfeeds.brookings.edu Published On :: Thu, 21 Jul 2016 09:00:00 -0400 We’re just over midway through the hazy days of summer vacation, and children without access to high quality enrichment opportunities are already slipping behind their wealthier peers. As noted in a recent New York Times article, in addition to the decrease in math proficiency that most kids experience over the break, low-income children also lose more than two months of reading skills—skills they don’t regain during the school year. This compounds the already deep educational disparities found among students of different socioeconomic groups, which can be observed as early as 18 months of age. Most efforts to address these gaps focus on improving our K-12 educational systems. Yet, children spend an average of 80 percent of their waking time outside of a classroom—a simple, yet startling statistic that highlights the need to explore a broader range of solutions. As we learned at a recent Brookings event, Urban Thinkscape, an ongoing project from developmental psychologists Kathy Hirsh-Pasek and Roberta Michnick Golinkoff, might be one of those solutions. Drawing on findings from their research on guided play—particularly from interventions like the Ultimate Block Party and The Supermarket Study—the project embeds playful learning activities, such as games and puzzles, into public places where children routinely spend time during non-school hours. Designed by architect Itai Palti, each installation is created with specific learning goals in mind and reflects best practices in psychological research. With a pilot led by researcher Brenna Hassinger-Das in progress in the West Philadelphia Promise Zone, the project is already revealing important lessons—not only for educators, but for urban planners and policymakers as well. The first involves the (often under-appreciated) need to work with local residents. Through meetings and focus groups with leaders of community organizations, neighbors, and Promise Zone stakeholders, the team gained a clearer understanding of resident needs, spurred interest in the project, identified potential sites, and improved designs. Residents were brought into the process early, empowered to offer suggestions at several stages, and will continue to be engaged as the project is implemented and assessed. The upshot? When community members are meaningfully involved—and local wisdom valued—from the onset, residents become invested in the project and feel a sense of ownership of it over the long haul. This not only improves the likelihood that the project will succeed, but also helps foster neighborhood trust and cohesion, and builds social capital that can be applied to future efforts. BRENNA HASSINGER-DAS - A community focus group gives feedback on the West Philadelphia Urban Thinkscape project, January 21, 2016. A second lesson is the extent to which a full scaling of the project could help transform distressed neighborhoods through what Project for Public Spaces often refers to as “lighter, quicker, cheaper” interventions. Many high poverty urban areas are challenged with large numbers of vacant or underutilized properties, as well as dull spaces (like bus stops) that serve only utilitarian functions. The Urban Thinkscape project aims to take such spaces and remake them into opportunities for interaction and learning—and by doing so create tangible improvements to the neighborhood’s physical fabric. While the West Philadelphia pilot has substantial long-term planning behind it, ideally the “playful” installments will be refined over time so they can be more easily and cheaply implemented in other urban neighborhoods. Finally, the Urban Thinkscape interventions have the potential to advance academic and spatial skills in children, reducing the gap in school readiness, and ultimately fostering better educational and life outcomes. Many families in high poverty neighborhoods can’t afford extracurricular enrichment activities, particularly during the summer. And even where they might be offered—via community centers, or through other nonprofit initiatives focused on the arts, STEM activities, or sports—children may only experience them at certain times of the week. Urban Thinkscape aims to supplement these activities by embedding learning opportunities into the everyday landscape through interventions that develop numeracy, literacy, and other skills necessary to succeed in school and eventually the workforce. From an urban planning and policy perspective, this individual development is critical to helping build family wealth and vibrant, healthy city neighborhoods. Though still nascent in its development, the Urban Thinkscape model appears to be a fun, innovative way to give children—and their caregivers—learning opportunities outside the classroom, while creating new gathering spaces and improved public places. In this way, the project is creatively employing the city itself as an agent of change. If the full vision of this work is realized, perhaps we can finally put the brakes on the “summer-slide” such that all kids can start the school year at the top of their game. Authors Jennifer S. VeyJason Hachadorian Full Article
class Class Notes: College ‘Sticker Prices,’ the Gender Gap in Housing Returns, and More By webfeeds.brookings.edu Published On :: Wed, 08 Apr 2020 15:48:43 +0000 This week in Class Notes: Fear of Ebola was a powerful force in shaping the 2014 midterm elections. Increases in the “sticker price” of a college discourage students from applying, even when they would be eligible for financial aid. The gender gap in housing returns is large and can explain 30% of the gender gap in wealth accumulation at retirement.… Full Article
class Class Notes: Unequal Internet Access, Employment at Older Ages, and More By webfeeds.brookings.edu Published On :: Wed, 22 Apr 2020 17:04:00 +0000 This week in Class Notes: The digital divide—the correlation between income and home internet access —explains much of the inequality we observe in people's ability to self-isolate. The labor force participation rate among older Americans and the age at which they claim Social Security retirement benefits have risen in recent years. Higher minimum wages lead to a greater prevalence… Full Article
class Women’s work boosts middle class incomes but creates a family time squeeze that needs to be eased By webfeeds.brookings.edu Published On :: Thu, 07 May 2020 12:00:00 +0000 In the early part of the 20th century, women sought and gained many legal rights, including the right to vote as part of the 19th Amendment. Their entry into the workforce, into occupations previously reserved for men, and into the social and political life of the nation should be celebrated. The biggest remaining challenge is… Full Article
class Class Notes: Selective College Admissions, Early Life Mortality, and More By webfeeds.brookings.edu Published On :: Wed, 25 Mar 2020 18:36:42 +0000 This week in Class Notes: The Texas Top Ten Percent rule increased equity and economic efficiency. There are big gaps in U.S. early-life mortality rates by family structure. Locally-concentrated income shocks can persistently change the distribution of poverty within a city. Our top chart shows how income inequality changed in the United States between 2007 and 2016. Tammy Kim describes the effect of the… Full Article
class When middle-class incomes collapse, how you gonna pay next month’s rent? By webfeeds.brookings.edu Published On :: Thu, 26 Mar 2020 13:00:48 +0000 As the coronavirus forces businesses to lay off workers or reduce hours, millions of Americans are seeing their incomes plummet. One of the most pressing concerns (besides staying healthy) is whether these households will be able to pay next month’s rent. Being able to afford decent quality, stable housing in a safe neighborhood is an… Full Article
class Class Notes: College ‘Sticker Prices,’ the Gender Gap in Housing Returns, and More By webfeeds.brookings.edu Published On :: Wed, 08 Apr 2020 15:48:43 +0000 This week in Class Notes: Fear of Ebola was a powerful force in shaping the 2014 midterm elections. Increases in the “sticker price” of a college discourage students from applying, even when they would be eligible for financial aid. The gender gap in housing returns is large and can explain 30% of the gender gap in wealth accumulation at retirement.… Full Article
class COVID-19’s impact on the Brookings Institution’s Spring intern class of 2020 By webfeeds.brookings.edu Published On :: Wed, 22 Apr 2020 15:59:30 +0000 Just after New Year’s, I moved to Washington, D.C. after graduating early from Boston University to begin an events internship in the Brookings main Office of Communications. The Brookings Internship program provides students and recent graduates with a pre-professional experience in the Institution’s research programs and business offices. For two months, I had assisted with… Full Article
class On immigration, the white working class is fearful By webfeeds.brookings.edu Published On :: Fri, 24 Jun 2016 10:45:00 -0400 Although a few political analysts have been focusing on the white working class for years, it is only in response to the rise of Donald Trump that this large group of Americans has begun to receive the attention it deserves. Now, thanks to a comprehensive survey that the Public Religion Research Institute (PRRI) undertook in collaboration with the Brookings Institution, we can speak with some precision about the distinctive attitudes and preferences of these voters. There are different ways of defining the white working class. Along with several other survey researchers, PRRI defines this group as non-Hispanic whites with less than a college degree, with the additional qualification of being paid by the hour or by the job rather than receiving a salary. No definition is perfect, but this one works pretty well. Most working-class whites have incomes below $50,000; most whites with BAs or more have incomes above $50,000. Most working-class whites rate their financial circumstances as only fair or poor; most college educated whites rate their financial circumstances as good or excellent. Fifty-four percent of working-class whites think of themselves as working class or lower class, compared to only 18 percent of better-educated whites. The PRRI/Brookings study finds that in many respects, these two groups of white voters see the world very differently. For example, 54 percent of college-educated whites think that America’s culture and way of life have improved since the 1950s; 62 percent of white working-class Americans think that it has changed for the worse. Sixty-eight percent of working-class whites, but only 47 percent of college-educated whites, believe that the American way of life needs to be protected against foreign influences. Sixty-six percent of working-class whites, but only 43 percent of college-educated whites, say that discrimination against whites has become as big a problem as discrimination against blacks and other minorities. In a similar vein, 62 percent of working-class whites believe that discrimination against Christians has become as big a problem as discrimination against other groups, a proposition only 38 percent of college educated whites endorse. This brings us to the issue of immigration. By a margin of 52 to 35 percent, college-educated whites affirm that today’s immigrants strengthen our country through their talent and hard work. Conversely, 61 percent of white working-class voters say that immigrants weaken us by taking jobs, housing, and health care. Seventy-one percent of working-class whites think that immigrants mostly hurt the economy by driving down wages, a belief endorsed by only 44 percent of college-educated whites. Fifty-nine percent of working-class whites believe that we should make a serious effort to deport all illegal immigrants back to their home countries; only 33 percent of college-educated whites agree. Fifty-five percent of working-class whites think we should build a wall along our border with Mexico, while 61 percent of whites with BAs or more think we should not. Majorities of working-class whites believe that we should make the entry of Syrian refugees into the United States illegal and temporarily ban the entrance of non-American Muslims into our country; about two-thirds of college-educated whites oppose each of these proposals. Opinions on trade follow a similar pattern. By a narrow margin of 48 to 46 percent, college-educated whites endorse the view that trade agreements are mostly helpful to the United States because they open up overseas markets while 62 percent of working-class whites believe that they are harmful because they send jobs overseas and drive down wages. It is understandable that working-class whites are more worried that they or their families will become victims of violent crime than are whites with more education. After all, they are more likely to live in neighborhoods with higher levels of social disorder and criminal behavior. It is harder to explain why they are also much more likely to believe that their families will fall victim to terrorism. To be sure, homegrown terrorist massacres of recent years have driven home the message that it can happen to anyone, anywhere. We still need to explain why working-class whites have interpreted this message in more personal terms. The most plausible interpretation is that working-class whites are experiencing a pervasive sense of vulnerability. On every front—economic, cultural, personal security—they feel threatened and beleaguered. They seek protection against all the forces they perceive as hostile to their cherished way of life—foreign people, foreign goods, foreign ideas, aided and abetted by a government they no longer believe cares about them. Perhaps this is why fully 60 percent of them are willing to endorse a proposition that in previous periods would be viewed as extreme: the country has gotten so far off track that we need a leader who is prepared to break so rules if that is what it takes to set things right. Authors William A. Galston Full Article
class Class Notes: Income Segregation, the Value of Longer Leases, and More By webfeeds.brookings.edu Published On :: Wed, 26 Feb 2020 14:06:26 +0000 This week in Class Notes: Reforming college admissions to boost representation of low and middle-income students could substantially reduce income segregation between institutions and increase intergenerational mobility. The Alaska Permanent Fund Dividend increased fertility and reduced the spacing between births, particularly for females age 20-44. Federal judges are more likely to hire female law clerks after serving on a panel… Full Article
class Middle class marriage is declining, and likely deepening inequality By webfeeds.brookings.edu Published On :: Wed, 11 Mar 2020 13:53:14 +0000 Over the last few decades, family formation patterns have altered significantly in the U.S., with long-run rises in non-marital births, cohabitation, and single parenthood – although in recent years many of these trends have leveled out. Importantly, there are increasing class gaps here. Marriage rates have diverged by education level (a good proxy for both social class and permanent income). People with at least a BA are now more likely to get married and stay married compared… Full Article
class Class Notes: Selective College Admissions, Early Life Mortality, and More By webfeeds.brookings.edu Published On :: Wed, 25 Mar 2020 18:36:42 +0000 This week in Class Notes: The Texas Top Ten Percent rule increased equity and economic efficiency. There are big gaps in U.S. early-life mortality rates by family structure. Locally-concentrated income shocks can persistently change the distribution of poverty within a city. Our top chart shows how income inequality changed in the United States between 2007 and 2016. Tammy Kim describes the effect of the… Full Article
class The rise of the middle class safety net By webfeeds.brookings.edu Published On :: Tue, 04 Sep 2018 13:55:48 +0000 Welfare reform is in the air again. Congressional Republicans are pushing for greater work incentives to be attached to the receipt of certain benefits, especially SNAP and Medicaid. Our colleague Ron Haskins has made the case in favor here; our colleagues Lauren Bauer and Dinae Whitmore Schanzenbach have warned against here. (Brookings is a broad church, you see).… Full Article
class Class Notes: Barriers to neighborhood choice, wage expectations, and more By webfeeds.brookings.edu Published On :: Wed, 04 Sep 2019 17:27:51 +0000 This week in Class Notes: Barriers in the housing search process contribute to residential segregation by income. Greater Medicaid eligibility promotes many positive outcomes for children, including increased college enrollment, lower mortality, decreased reliance on the Earned Income Tax Credit, and higher wage incomes for women. The large gender gap in wage expectations closely resembles actual wage differences, and career sorting and negotiation… Full Article Uncategorized
class Class Notes: Wealth taxation, US wage growth, and more By webfeeds.brookings.edu Published On :: Wed, 15 Jan 2020 15:35:53 +0000 This week in Class Notes: Both Senator Warren's wealth tax and a popular alternative – a Swiss-style tax on household wealth – would have miniscule effects on income inequality. The ACA Medicaid expansion substantially increased insurance coverage and improved access to health care among unemployed workers. An increased tendency for men and women to remain single may have contributed… Full Article
class Class Notes: College ‘Sticker Prices,’ the Gender Gap in Housing Returns, and More By webfeeds.brookings.edu Published On :: Wed, 08 Apr 2020 15:48:43 +0000 This week in Class Notes: Fear of Ebola was a powerful force in shaping the 2014 midterm elections. Increases in the “sticker price” of a college discourage students from applying, even when they would be eligible for financial aid. The gender gap in housing returns is large and can explain 30% of the gender gap in wealth accumulation at retirement.… Full Article
class Class Notes: Unequal Internet Access, Employment at Older Ages, and More By webfeeds.brookings.edu Published On :: Wed, 22 Apr 2020 17:04:00 +0000 This week in Class Notes: The digital divide—the correlation between income and home internet access —explains much of the inequality we observe in people's ability to self-isolate. The labor force participation rate among older Americans and the age at which they claim Social Security retirement benefits have risen in recent years. Higher minimum wages lead to a greater prevalence… Full Article
class Women’s work boosts middle class incomes but creates a family time squeeze that needs to be eased By webfeeds.brookings.edu Published On :: Thu, 07 May 2020 12:00:00 +0000 In the early part of the 20th century, women sought and gained many legal rights, including the right to vote as part of the 19th Amendment. Their entry into the workforce, into occupations previously reserved for men, and into the social and political life of the nation should be celebrated. The biggest remaining challenge is… Full Article
class Class Notes: Elite college admissions, data on SNAP, and more By webfeeds.brookings.edu Published On :: Wed, 27 Nov 2019 14:48:42 +0000 This week in Class Notes: Harvard encourages applications from many students who have very little chance of being admitted, particularly African Americans Wages for low-skilled men have not been influenced by changes in the occupational composition of workers. Retention rates for the social insurance program SNAP (Supplemental Nutrition Assistance Program) are low, even among those who remain eligible.… Full Article
class Class Notes: Virtual college counseling, rainy-day savings accounts, and more By webfeeds.brookings.edu Published On :: Wed, 11 Dec 2019 16:28:18 +0000 This week in Class Notes: Accounting for the consumption value of college increases the rate of return to a college education by 12-14%. Virtual college counseling increases applications to four-year and selective universities, particularly among disadvantaged students, but the effect on acceptance and enrollment is minimal. Automatically enrolling employees into an employer-sponsored savings account is a cost-effective way of helping workers… Full Article
class Class Notes: Wealth taxation, US wage growth, and more By webfeeds.brookings.edu Published On :: Wed, 15 Jan 2020 15:35:53 +0000 This week in Class Notes: Both Senator Warren's wealth tax and a popular alternative – a Swiss-style tax on household wealth – would have miniscule effects on income inequality. The ACA Medicaid expansion substantially increased insurance coverage and improved access to health care among unemployed workers. An increased tendency for men and women to remain single may have contributed… Full Article
class Class Notes: Minimum Wage and Children’s Health, College Regrades, and More By webfeeds.brookings.edu Published On :: Wed, 12 Feb 2020 17:16:52 +0000 This week in Class Notes: Male students are significantly more likely than female students to ask for regrades in college. Higher minimum wages have large, positive effects on child health, with the greatest benefits between ages 1-5. The Social Security Annual Earnings Test reduces the employment rate of affected Americans by at least 1.2 percentage points. Our top chart shows… Full Article
class Class Notes: Unequal Internet Access, Employment at Older Ages, and More By webfeeds.brookings.edu Published On :: Wed, 22 Apr 2020 17:04:00 +0000 This week in Class Notes: The digital divide—the correlation between income and home internet access —explains much of the inequality we observe in people's ability to self-isolate. The labor force participation rate among older Americans and the age at which they claim Social Security retirement benefits have risen in recent years. Higher minimum wages lead to a greater prevalence… Full Article
class Webinar: Great levelers or great stratifiers? College access, admissions, and the American middle class By webfeeds.brookings.edu Published On :: Fri, 01 May 2020 13:23:37 +0000 One year after Operation Varsity Blues, and in the midst of one of the greatest crises higher education has ever seen, college admissions and access have never been more important. A college degree has long been seen as a ticket into the middle class, but it is increasingly clear that not all institutions lead to… Full Article
class Class Notes: Harvard Discrimination, California’s Shelter-in-Place Order, and More By webfeeds.brookings.edu Published On :: Fri, 08 May 2020 19:21:40 +0000 This week in Class Notes: California's shelter-in-place order was effective at mitigating the spread of COVID-19. Asian Americans experience significant discrimination in the Harvard admissions process. The U.S. tax system is biased against labor in favor of capital, which has resulted in inefficiently high levels of automation. Our top chart shows that poor workers are much more likely to keep commuting in… Full Article
class On immigration, the white working class is fearful By webfeeds.brookings.edu Published On :: Fri, 24 Jun 2016 10:45:00 -0400 Although a few political analysts have been focusing on the white working class for years, it is only in response to the rise of Donald Trump that this large group of Americans has begun to receive the attention it deserves. Now, thanks to a comprehensive survey that the Public Religion Research Institute (PRRI) undertook in collaboration with the Brookings Institution, we can speak with some precision about the distinctive attitudes and preferences of these voters. There are different ways of defining the white working class. Along with several other survey researchers, PRRI defines this group as non-Hispanic whites with less than a college degree, with the additional qualification of being paid by the hour or by the job rather than receiving a salary. No definition is perfect, but this one works pretty well. Most working-class whites have incomes below $50,000; most whites with BAs or more have incomes above $50,000. Most working-class whites rate their financial circumstances as only fair or poor; most college educated whites rate their financial circumstances as good or excellent. Fifty-four percent of working-class whites think of themselves as working class or lower class, compared to only 18 percent of better-educated whites. The PRRI/Brookings study finds that in many respects, these two groups of white voters see the world very differently. For example, 54 percent of college-educated whites think that America’s culture and way of life have improved since the 1950s; 62 percent of white working-class Americans think that it has changed for the worse. Sixty-eight percent of working-class whites, but only 47 percent of college-educated whites, believe that the American way of life needs to be protected against foreign influences. Sixty-six percent of working-class whites, but only 43 percent of college-educated whites, say that discrimination against whites has become as big a problem as discrimination against blacks and other minorities. In a similar vein, 62 percent of working-class whites believe that discrimination against Christians has become as big a problem as discrimination against other groups, a proposition only 38 percent of college educated whites endorse. This brings us to the issue of immigration. By a margin of 52 to 35 percent, college-educated whites affirm that today’s immigrants strengthen our country through their talent and hard work. Conversely, 61 percent of white working-class voters say that immigrants weaken us by taking jobs, housing, and health care. Seventy-one percent of working-class whites think that immigrants mostly hurt the economy by driving down wages, a belief endorsed by only 44 percent of college-educated whites. Fifty-nine percent of working-class whites believe that we should make a serious effort to deport all illegal immigrants back to their home countries; only 33 percent of college-educated whites agree. Fifty-five percent of working-class whites think we should build a wall along our border with Mexico, while 61 percent of whites with BAs or more think we should not. Majorities of working-class whites believe that we should make the entry of Syrian refugees into the United States illegal and temporarily ban the entrance of non-American Muslims into our country; about two-thirds of college-educated whites oppose each of these proposals. Opinions on trade follow a similar pattern. By a narrow margin of 48 to 46 percent, college-educated whites endorse the view that trade agreements are mostly helpful to the United States because they open up overseas markets while 62 percent of working-class whites believe that they are harmful because they send jobs overseas and drive down wages. It is understandable that working-class whites are more worried that they or their families will become victims of violent crime than are whites with more education. After all, they are more likely to live in neighborhoods with higher levels of social disorder and criminal behavior. It is harder to explain why they are also much more likely to believe that their families will fall victim to terrorism. To be sure, homegrown terrorist massacres of recent years have driven home the message that it can happen to anyone, anywhere. We still need to explain why working-class whites have interpreted this message in more personal terms. The most plausible interpretation is that working-class whites are experiencing a pervasive sense of vulnerability. On every front—economic, cultural, personal security—they feel threatened and beleaguered. They seek protection against all the forces they perceive as hostile to their cherished way of life—foreign people, foreign goods, foreign ideas, aided and abetted by a government they no longer believe cares about them. Perhaps this is why fully 60 percent of them are willing to endorse a proposition that in previous periods would be viewed as extreme: the country has gotten so far off track that we need a leader who is prepared to break so rules if that is what it takes to set things right. Authors William A. Galston Full Article
class How Second Earners Can Rescue the Middle Class from Stagnant Incomes By webfeeds.brookings.edu Published On :: Tue, 10 Feb 2015 00:00:00 -0500 In his state of the union and his budget, the President spoke of the stagnation of middle class incomes. Whatever growth we have had has not been broadly shared. More than 78% of the growth in GDP between 1979 and 2013 has gone to the top one percent. Even Republicans are beginning to worry about this issue although they have yet to develop concrete proposals to address it. Slow Growth in Incomes Middle class incomes were growing slowly before the recession and have actually declined over the past decade. In addition, according to the New York Times, the proportion of the population with incomes between $35,000 and $100,000 in inflation-adjusted terms fell from 53% in 1967 to 43% in 2013. During the first four decades this was primarily because more people were moving into higher income groups, but more recently it was because they have moved down the ladder, not up. One can define the middle class in many different ways or torture the data in various ways, but there is plenty of evidence that we have a problem. What to Do The most promising approach is what I call “the second earner solution.” For many decades now, the labor force participation rate of prime age men has been falling while that of women has been rising. The entry of so many women into the labor force was the major force propelling whatever growth in middle class incomes occurred up until about 2000. That growth in women’s work has now levelled off. Getting it back on an upward track would do more than any policy I can think of to help the middle class. Imagine a household with one earner making the average wage of today’s worker and spending full-time in the job market. That household will have an income of around $34,000. But if he (or she) has a spouse making a similar amount, the household’s income will double to $68,000. That is why the President’s focus on a second-earner credit of $500, a tripling of the child care tax credit, expanding the Earned Income Tax Credit, and providing paid leave are so important. These policies are all pro-work and research shows they would increase employment. No Marriage = No Second Earner One problem, of course, is that fewer and fewer households contain two potential workers. So it would also help to bring back marriage or at least its first cousin, a stable cohabiting relationship. My ideas on this front are spelled out in my new book, Generation Unbound. In a nutshell, we need to empower women to not have children before they have found a committed partner with whom to raise children in a stable, two-parent family. Whatever the other benefits of two parents, they have twice as much time and potentially twice as much income. Other Needed Responses Shouldn’t we also worry about the wages or the employment of men? Of course. But an increase in, say, the minimum wage or a better collective bargaining environment or more job training will have far smaller effects than “the second earner solution.” In addition, the decline in male employment is related to still more difficult problems such as high rates of incarceration and the failure of men to take advantage of postsecondary education as much as women have. Still the two-earner solution should not be pursued in isolation. In the short-term, a stronger recovery from the recession is needed and in the longer-term, more effective investments in education, research, infrastructure, and in labor market institutions that produce more widely-shared growth, as argued by the Commission on Inclusive Prosperity. But do we really expect families to wait for these long-term policies to pay off? It could be decades. In the meantime, the President’s proposals to make work more appealing to existing or potential second earners deserves more attention. Authors Isabel V. Sawhill Publication: Real Clear Markets Image Source: © Kevin Lamarque / Reuters Full Article
class The middle class is becoming race-plural, just like the rest of America By webfeeds.brookings.edu Published On :: Tue, 27 Feb 2018 16:34:34 +0000 For more than half a century, the term “the American middle-class,” has served as a political reference to white American upward mobility. This was less an artifact of particular calculations than one of historical experiences and demographic realities. Since at least the 1950s, Americans who were neither wealthy nor “disadvantaged” were, by default, middle class.… Full Article
class Don’t ignore class when addressing racial gaps in intergenerational mobility By webfeeds.brookings.edu Published On :: Thu, 12 Apr 2018 13:00:29 +0000 It is hard to overstate the importance of the new study on intergenerational racial disparities by Raj Chetty and his colleagues at the Equality of Opportunity Project. Simply put, it will change the way we think the world works. Making good use of big data—de-identified longitudinal data from the U.S. Census and the IRS covering… Full Article
class Seven reasons to worry about the American middle class By webfeeds.brookings.edu Published On :: Tue, 05 Jun 2018 17:04:14 +0000 On May 8th, Brookings officially launched a new initiative on the Future of the Middle Class. Through this initiative, we will publish research, analysis, and insights that are motivated by a desire to improve the quality of life for those in America’s middle class and to improve upward mobility into its ranks. We have already… Full Article
class Class Notes: Harvard Discrimination, California’s Shelter-in-Place Order, and More By webfeeds.brookings.edu Published On :: Fri, 08 May 2020 19:21:40 +0000 This week in Class Notes: California's shelter-in-place order was effective at mitigating the spread of COVID-19. Asian Americans experience significant discrimination in the Harvard admissions process. The U.S. tax system is biased against labor in favor of capital, which has resulted in inefficiently high levels of automation. Our top chart shows that poor workers are much more likely to keep commuting in… Full Article
class Class Notes: Income Segregation, the Value of Longer Leases, and More By webfeeds.brookings.edu Published On :: Wed, 26 Feb 2020 14:06:26 +0000 This week in Class Notes: Reforming college admissions to boost representation of low and middle-income students could substantially reduce income segregation between institutions and increase intergenerational mobility. The Alaska Permanent Fund Dividend increased fertility and reduced the spacing between births, particularly for females age 20-44. Federal judges are more likely to hire female law clerks after serving on a panel… Full Article