CommentaryThe daily commentary section provides insights on complex issues in a brief and digestible format. Here you can find analysis of changing economic conditions and original perspectives on how the economy is affecting policy debates.
The United Food and Commercial Workers union is funding campaigns to raise the hourly minimum wage to $15 and unionize fast food workers. But an examination of UFCW contracts with the Kroger Company show that entry-level workers represented by UFCW are paid close to the current minimum wage
ReactionEconomic policy debates in the 21st century evolve quickly and part of e21's mission is to provide a forum for around-the-clock reactions. In this section, you can find posts from leading economists, scholars and writers on what's happening in the global economic landscape.
Detroit's bankruptcy has provoked a considerable amount of debate about how the municipal bond market is changing. The city's emergency financial manager, Kevyn Orr, has even declared that he would treat a chunk of Detroit's general obligation bonds, traditionally considered the safest local debt, as unsecured borrowing.
In-Depth Researche21 spotlights and directly supports new research that's necessary to develop innovative economic policy solutions for the 21st century. This section highlights in-depth research papers from a range of academics, economists and thinkers across the political spectrum, fostering creative nonpartisan policy solutions to pressing economic concerns.
On December 8, 2003, then-president George W. Bush signed into law the Medicare Modernization Act (MMA). As part of the MMA, a new, voluntary prescription drug program called “Medicare Part D” was enacted. Beginning in 2006, Medicare enrollees would also be able to sign up for outpatient prescription drug coverage through private insurance companies, with premiums subsidized by Medicare.