Government programs cannot stop the decline in housing prices. The latest evidence of this comes from a study of first-time homebuyers who took advantage of an $8,000 tax credit available between 2009 and September 2010. According to a new study, housing prices in 110 of 157 studied cities have dropped …
Experts can’t always predict exactly how public policy will affect the nation, despite our best efforts. But when it comes to immigration policy, we have tried many of the types of reforms advocated by today’s Gang of Eight—so we should consider the effects these reforms had in the past. In …
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