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AEI's weekly digest of top commentary and scholarship on the issues that matter most

Forceful Persuasion, Coercion, and Invasion

China's Three Roads to Controlling Taiwan

March 18, 2023

According to Dan Blumenthal and Frederick W. Kagan, China has three roads to victory over Taiwan, and the US must act urgently to obstruct all of them. 

 

 

Paul H. Kupiec identifies the most crucial lesson policymakers can learn from the recent failures of Silicon Valley Bank and Signature Bank. “While President Biden calls for tougher bank regulation, what the country really needs is competent bank regulators, or at least regulators that are not asleep on the job,” writes Kupiec.

 

On March 15, Mark J. Warshawsky presented his proposal to reform eligibility rules for federal disability benefits to promote greater levels of employment for beneficiaries who want to work. After Warshawsky’s presentation, a panel of outstanding experts, including AEI’s Richard Burkhauser, debated the proposal and its potential to help federal disability recipients enter the workforce.

 

Benedic N. Ippolito and Loren Adler outline several procompetitive health care reforms that they say could win bipartisan support and approval in a divided Congress. Ippolito and Adler explain how the reforms they propose would increase competition in the health care market and help lower rising health care costs.

 

Writing in the New York Times, Yuval Levin reframes the debate over entitlement reform in terms of intergenerational commitments and obligations. “Both parties talk about Social Security and Medicare as if they are antidotes to interdependence, when in fact they are vital facilitators of it,” writes Levin. “Their benefits are an act of intergenerational gratitude and generosity.”

Do Older Adults Accurately Forecast Their Social Security Benefits?

In a new National Bureau of Economic Research working paper, Grant M. Seiter and Sita Nataraj Slavov measure the accuracy of older Americans’ expectations about their future Social Security benefits. Seiter and Slavov use panel data from a biennial survey to compare individuals’ expectations of their benefits in their 50s and 60s with their actual claiming age and benefits later on. The coauthors find that while older adults often accurately predict their claiming age, they underestimate the real Social Security income they receive by about $1,896, or 11.5 percent, on average.

 

 

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QUOTE OF THE WEEK

It doesn't matter if you are a Republican or a Democrat—if you're a parent, you're sure to be unsettled by the idea that the school could rename and re-sex your child without your notification or consent.

Max Eden