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An extensive study published by the National Bureau of Economic Research concludes that universal basic income, the government gifting of taxpayer dollars, doesn’t have the effect that proponents of forced re-distribution of wealth would have hoped for. In fact, the opposite is true. A universal basic income promises a government guaranteed income which is supposed to improve the economic situation of those receiving the money, typically median or lower income families. The s...
Demographia has just published a study, authored by Wendell Cox, that compares the affordability of housing in the international marketplace. The conclusions show that while Washington state isn't the most expensive, it is on its way to the top spot. What's sad is it's all avoidable with some simple changes to state policy. Currently, Seattle ranks 73 out of 100 of the most affordable major cities to live. The study summarizes that the high prices are "largely the product of...
In a backwards approach to helping tenants, the Federal Government is capping rent increases on subsidized housing at 10% in a bid to reduce the cost of rental properties. The result, should the measures be adopted, will be exactly the opposite and rents will go up. When you place caps on rent, instead of letting the market drive the pricing, the supply of rental property declines and the result is higher demand and higher prices for rent. There is a short-term impact to rental costs, but as many studies show, including a...
Due to the federal government changing the unemployment benefit eligibility rules mid-pandemic, some Washington residents, who have been receiving unemployment benefits, will now have repay the benefits despite being approved to receive benefits initially. The Pandemic Unemployment Assistance (PUA) program, launched shortly after the pandemic started, did not fully verify that a benefit claimant was eligible for program benefits. Claimants that applied under the rules of the...
New COVID workplace restrictions, issued by Washington State Labor and Industries (L&I) late last Friday, May 21st, require employers to check employee vaccine documents before allowing relaxation of social distancing and mask requirements in the workplace. The new state rules require an employer to confirm, and have employees prove their vaccine medical status. The process used to verify vaccination, and the medical status of the employee’s vaccination record, including t...
