November 12, 2014
AAF Releases Principles For Better Labor Market Policy
The American Action Forum (@AAF) today released a set of principles for better labor market policy. The research, authored by AAF’s President Douglas Holtz-Eakin, centers on three overarching principles: Do No Harm; Build a Work-Friendly Social Safety Net; and Improve Skills in the Labor Force. Policy recommendations are highlighted for each principle, including: stopping the ACA’s damage to the labor market, expanding the Earned Income Tax Credit, reforming Social Security Disability Insurance, and not raising the minimum wage.
“It is no secret that the U.S. labor market has struggled in the aftermath of the Great Recession. The unemployment rate has remained elevated, labor force participation is at 30-year lows, and real wage growth has been missing in action. There are good reasons to focus policy efforts on improving the performance of the labor market,” says Holtz-Eakin in the paper.
Click here to view the full details.