From American Enterprise Institute <[email protected]>
Subject AEI This Week: Russian jokes tell the brutal truth
Date December 7, 2019 12:14 PM
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The genre of dark political joke — the "anekdot" — has been a staple of Russian humor at least since Soviet times, and anyone associated with the Kremlin is fair game, writes Leon Aron.
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Paul Kupiec explains that negative rates potentially impose a new, indirect tax on savers that may not be offset in federal income tax bills, unless IRS rules are modified to ensure that savers aren’t taxed twice.
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American pension funds should stop investing in Chinese companies that are directly engaged in the crackdown against Chinese Muslims in Xinjiang, write Danielle Pletka and Derek Scissors. Divestment from Chinese companies and funds facing US sanctions protects American investors, ideals, and security all at once.
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By 2018, 61 percent of total federal spending on children benefited low-income children compared to only 15 percent in 1960. Angela Rachidi explains that this growth in spending was primarily the result of program expansions making more children eligible for federal supports, as well as reforms that increased participation in federal programs among eligible children.
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Yuval Levin writes that it is vital that we resist the sense that gratitude has no place in this era of frequently justified outrage. In fact, gratitude may be exactly what can help us distinguish justified from unjustified outrage. And in any case, gratitude is the proper disposition toward all the good we have been given, which we have done so little to earn.
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Some of the biggest and most consistent changes in student borrowing patterns over the past two decades have occurred among students from higher-income families, writes Jason Delisle. In the 2015–16 academic year, students from higher-income families were just as likely to take on debt for an initial year of an undergraduate education as were students from low-income families.

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