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December 2, 2014

Jonathan Tobin: Defending the Right to a Jewish State

Heather Hale: Compliment your kids without giving them big heads

Megan Shauri: 10 ways you are ruining your own happiness

Carolyn Bigda: 8 Best Dividend Stocks for 2015

Kiplinger's Personal Finance editors: 7 Things You Didn't Know About Paying Off Student Loans

Samantha Olson: The Crucial Mistake 55% Of Parents Are Making At Their Baby's Bedtime

Densie Well, Ph.D., R.D. Open your eyes to yellow vegetables

The Kosher Gourmet by Megan Gordon With its colorful cache of purples and oranges and reds, COLLARD GREEN SLAW is a marvelous mood booster --- not to mention just downright delish
April 18, 2014

Rabbi Yonason Goldson: Clarifying one of the greatest philosophical conundrums in theology

Caroline B. Glick: The disappearance of US will

Megan Wallgren: 10 things I've learned from my teenagers

Lizette Borreli: Green Tea Boosts Brain Power, May Help Treat Dementia

John Ericson: Trying hard to be 'positive' but never succeeding? Blame Your Brain

The Kosher Gourmet by Julie Rothman Almondy, flourless torta del re (Italian king's cake), has royal roots, is simple to make, . . . but devour it because it's simply delicious

April 14, 2014

Rabbi Dr Naftali Brawer: Passover frees us from the tyranny of time

Greg Crosby: Passing Over Religion

Eric Schulzke: First degree: How America really recovered from a murder epidemic

Georgia Lee: When love is not enough: Teaching your kids about the realities of adult relationships

Cameron Huddleston: Freebies for Your Lawn and Garden

Gordon Pape: How you can tell if your financial adviser is setting you up for potential ruin

Dana Dovey: Up to 500,000 people die each year from hepatitis C-related liver disease. New Treatment Has Over 90% Success Rate

Justin Caba: Eating Watermelon Can Help Control High Blood Pressure

The Kosher Gourmet by Joshua E. London and Lou Marmon Don't dare pass over these Pesach picks for Manischewitz!

April 11, 2014

Rabbi Hillel Goldberg: Silence is much more than golden

Caroline B. Glick: Forgetting freedom at Passover

Susan Swann: How to value a child for who he is, not just what he does

Cameron Huddleston: 7 Financial Tasks You Should Tackle Right Now

Sandra Block and Lisa Gerstner: How to Profit From Your Passion

Susan Scutti: A Simple Blood Test Might Soon Diagnose Cancer

Chris Weller: Have A Slow Metabolism? Let Science Speed It Up For You

The Kosher Gourmet by Diane Rossen Worthington Whitefish Terrine: A French take on gefilte fish

April 9, 2014

Jonathan Tobin: Why Did Kerry Lie About Israeli Blame?

Samuel G. Freedman: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Jessica Ivins: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Kim Giles: Asking for help is not weakness

Kathy Kristof and Barbara Hoch Marcus: 7 Great Growth Israeli Stocks

Matthew Mientka: How Beans, Peas, And Chickpeas Cleanse Bad Cholesterol and Lowers Risk of Heart Disease

Sabrina Bachai: 5 At-Home Treatments For Headaches

The Kosher Gourmet by Daniel Neman Have yourself a matzo ball: The secrets bubby never told you and recipes she could have never imagined

April 8, 2014

Lori Nawyn: At Your Wit's End and Back: Finding Peace

Susan B. Garland and Rachel L. Sheedy: Strategies Married Couples Can Use to Boost Benefits

David Muhlbaum: Smart Tax Deductions Non-Itemizers Can Claim

Jill Weisenberger, M.S., R.D.N., C.D.E : Before You Lose Your Mental Edge

Dana Dovey: Coffee Drinkers Rejoice! Your Cup Of Joe Can Prevent Death From Liver Disease

Chris Weller: Electric 'Thinking Cap' Puts Your Brain Power Into High Gear

The Kosher Gourmet by Marlene Parrish A gift of hazelnuts keeps giving --- for a variety of nutty recipes: Entree, side, soup, dessert

April 4, 2014

Rabbi David Gutterman: The Word for Nothing Means Everything

Charles Krauthammer: Kerry's folly, Chapter 3

Amy Peterson: A life of love: How to build lasting relationships with your children

John Ericson: Older Women: Save Your Heart, Prevent Stroke Don't Drink Diet

John Ericson: Why 50 million Americans will still have spring allergies after taking meds

Cameron Huddleston: Best and Worst Buys of April 2014

Stacy Rapacon: Great Mutual Funds for Young Investors

Sarah Boesveld: Teacher keeps promise to mail thousands of former students letters written by their past selves

The Kosher Gourmet by Sharon Thompson Anyone can make a salad, you say. But can they make a great salad? (SECRETS, TESTED TECHNIQUES + 4 RECIPES, INCLUDING DRESSINGS)

April 2, 2014

Paul Greenberg: Death and joy in the spring

Dan Barry: Should South Carolina Jews be forced to maintain this chimney built by Germans serving the Nazis?

Mayra Bitsko: Save me! An alien took over my child's personality

Frank Clayton: Get happy: 20 scientifically proven happiness activities

Susan Scutti: It's Genetic! Obesity and the 'Carb Breakdown' Gene

Lecia Bushak: Why Hand Sanitizer May Actually Harm Your Health

Stacy Rapacon: Great Funds You Can Own for $500 or Less

Cameron Huddleston: 7 Ways to Save on Home Decor

The Kosher Gourmet by Steve Petusevsky Exploring ingredients as edible-stuffed containers (TWO RECIPES + TIPS & TECHINQUES)

Jewish World Review Nov. 26, 2013 / 23 Kislev, 5774

Broken Families Dragging Down Growth

By Michael Barone




http://www.JewishWorldReview.com | Are Republican politicians trying to frame a policy agenda stuck in a Reagan rut? A good case can be made that they are — or have been.

Tax cuts have been a staple of Republican platforms since Jack Kemp persuaded Ronald Reagan to back a 30 percent tax rate cut in the 1980 campaign. Republicans, with some Democratic support, passed cuts for everyone under Reagan and George W. Bush.

But the heavy emphasis was on tax cuts for high earners. They contribute to economic growth by stimulating entrepreneurship and encouraging innovation, the argument goes.

Congressional Republicans earlier this year were forced to acquiesce in raising the high-end rate from 35 percent to 39.6 percent. Looking ahead, they would like to cut it back if and when they win the White House and congressional majorities.

More than that, many Republicans support efforts by House Budget Committee Chairman Paul Ryan and Ways and Means Committee Chairman Dave Camp to fashion a 1986-style tax reform act that would cut rates and eliminate tax preferences.

These are intellectually defensible policies with the potential to stimulate economic growth. But they may not be sufficient for the times.

Broad-based tax reform can be passed only by a bipartisan coalition, as in 1986. It's not a policy suitable for a campaign.

And the case for tax cuts on high earners is not as strong as in 1980, when the top rates were 70 percent on "unearned" investment income and 50 percent on wages and salaries.

Cutting those rates ultimately to 28 percent clearly stimulated the economy. Paring the rate from 39.6 percent back to 35 percent won't have as great an effect — and won't bring immediate benefit to a large majority of voters.



It might make more political and economic sense to cut that rate just a few tenths of a point every year, as Gov. John Engler did in Michigan in the 1990s and several Republican governors and legislatures have done recently.

But there is another factor that may be holding growth down more than high tax rates. And that is the widespread disintegration of the family structure.

As Utah Senator Mike Lee noted in speeches at the Heritage Foundation, "the problem of poverty is linked to family breakdown and the erosion of marriage among low-income families and communities."

Lee is careful not to cast opprobrium on single or divorced parents. But he insists on pointing to the uncomfortable but undeniable fact that economic outcomes for their children have been far worse than those for children raised in two-parent families.

That produces many personal tragedies. And in cold economic terms, it means that society is losing gross domestic product because of less than optimal development of human capital.

Government policy can't force people to get or stay married. But it may be able to encourage them to do so.

That happened in the years after World War II. A steeply progressive income tax combined with generous dependent deductions ($500 originally, later raised to $600) played some unquantifiable part in stimulating the Baby Boom and family stability for a generation after the war.

Lee proposes a $2,500 child tax credit — less in real dollars than the postwar deduction — applied to both payroll and income taxes.

He also proposes allowing employees to claim flextime when they have worked overtime, as federal employees can. He wants Congress to hack away at the marriage penalties embedded in various benefits programs and Obamacare.

Lee also talks about devolving gas taxes and transportation policies to the states (to reduce commute times) and allowing states to accredit alternative forms of higher and vocational education (to help upward mobility).

No one knows for sure whether more favorable tax and benefit treatments would encourage two-parent child rearing, although evidence from France (which provides them) and other European countries suggest it might.

Lee's proposals don't seem to fully address the problem and in some cases seem to fall far short of doing so. But he is pushing the conversation in a useful direction. It wasn't apparent in 1980 that family disintegration was damaging America's human capital. Single parenthood was far less common then than now.

Today a strong case can be made that we need tax and other policies not just to encourage entrepreneurs but also, to the extent possible, to help bolster family formation. Do other Republicans (or Democrats) have some ideas on this?


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JWR contributor Michael Barone is senior political analyst for The Washington Examiner.




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