Stan Veuger is a resident scholar at AEI. His academic research focuses on political economy, and has been published in The Quarterly Journal of Economics. He writes frequently for popular audiences on a variety of topics, including health and tax policy. He is a regular contributor to The Hill, The National Interest, U.S. News & World Report, and AEIdeas, AEI’s policy blog. Before joining AEI, Dr. Veuger was a teaching fellow at Harvard University and Universitat Pompeu Fabra. He is a board member of the Netherland-American Foundation in Washington and at The Bulwark, a quarterly public policy journal, and was a National Review Institute Washington Fellow. He is a graduate of Utrecht University and Erasmus University Rotterdam, and holds an M.Sc. in Economics from Universitat Pompeu Fabra, as well as A.M. and Ph.D. degrees, also in Economics, from Harvard University. His academic research website can be found here.
Has President Obama's claim that families will see premiums drop by $2,500 materialized now that the parts of the law the president decided not to delay for partisan political purposes are in full effect? Was it a reasonable claim to make at the time? Let’s have a look at the evidence.
We propose a model of voter decision-making in proportional representation systems: ultra-rational strategic voters construct expectations of coalitions and policy outcomes based on expected seat distributions and vote to maximize their expected utility from the implemented policy.
Let’s be clear: what the CBO says is that the central effect of the ACA will be that people will work less. None of this is surprising, given that millions of Americans now face marginal tax rates that are effectively five to twenty points higher, as an additional dollar of income earned will make them lose five to twenty cents in health-insurance subsidies.
When the Congressional Budget Office announced on Tuesday that by 2024 the equivalent of 2.5 million full-time jobs would be lost due to the impact of the Affordable Care Act, liberals celebrated the CBO’s prediction that people will “choose” to work less.