Fixing Education in Arizona

By James Dail (CMC ’20) As it stands, Arizona has one of the worst education systems in the United States: it consistently ranks as one of the lowest performing states in the country. For its performance to improve, an increase in teacher pay and per pupil funding is needed. The solution to this issue may…

Dodd-Frank and the Profitability of Major Banks

By James Dail (CMC ’20) A group of Republicans have just passed a resolution of disapproval addressing the proposed repeal of a regulation that benefits the financial industry over consumers. The proposed repeal would prevent consumers for filing class action lawsuits against financial companies. Though it might not be as newsworthy as some of their…

The Latest Constitutional Test for Gerrymandering

By James Dail (CMC ’20) On October 3rd, the Supreme Court heard oral arguments in the case Gill v. Whitford. At stake is whether Wisconsin state legislators acted unconstitutionally by apportioning legislative districts to favor Republicans, thus diluting the effectiveness of votes for Democrats. If the Court rules that the legislators did act unconstitutionally, the…

The New Republican Tax Proposal

By James Dail (CMC ’20) Congressional Republicans have talked about overhauling the tax code for years, and it is now going to be the next item on their agenda since their healthcare push is winding down. They have partnered with two senior Trump administration officials, Director of the National Economic Council Gary Cohn and Treasury…

Evaluating the Success of Quantitative Easing

By James Dail (CMC ’20) The financial crisis of 2008 altered existing orthodoxy on monetary policy and changed the dynamic of the American economy. Monetary policy used to be fairly simple. If the economy was in a recession, then the Federal Reserve would lower interest rates. This would expand access to credit and provide the…