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April 4, 2017 | EventsThe Economic Policy Institute is pleased to host Gordon Lafer as he presents his new book, The One Percent Solution: How Corporations Are Remaking America, One State at a Time.
March 22, 2017 | By Josh Bivens | Policy MemoTo listen to prominent Republicans asserting the need to tear up the Affordable Care Act (ACA), you would think that health plans under the ACA ask too much from patients in out-of-pocket (OOP) costs, i.e., impose excessive deductibles and copays.
March 22, 2017 | By Ross Eisenbrey | BlogGood records on workplace injuries are vital to OSHA’s mission of protecting people on the job, and the rule imposes no additional burden on businesses. Repealing it will simply allow businesses to hide their negligence and hamper OSHA’s ability to do fulfill its mission.
No free bridge: Why public–private partnerships or other ‘innovative’ financing of infrastructure will not save taxpayers money
March 21, 2017 | By Hunter Blair | ReportEngaging the private sector in infrastructure procurement and management does not provide a fiscal free lunch. Substantial costs and risks must be taken into account to fairly compare the costs and benefits of public–private partnerships relative to traditional infrastructure financing and procurement.
March 20, 2017 | By Heidi Shierholz | Press ReleasesOn Wednesday, Alexander Acosta is scheduled to have his hearing before the U.S. Senate Committee on Health, Education, Labor and Pensions (HELP).
March 17, 2017 | By Heidi Shierholz | TestimonyOffice of Regulations and Interpretations Employee Benefits Security Administration Room N-5655 U.S. Department of Labor 200 Constitution Avenue NW Washington, D.C.
March 17, 2017 | By Ross Eisenbrey | BlogAmerica’s future greatness depends on the research and development we do today. It depends on the higher education we provide to our young people and the training we provide to young professionals. The Trump budget shortchanges these investments in the future and others that could make the nation more productive and innovative.
March 16, 2017 | By Hunter Blair | BlogThese priorities are simple enough to describe: paying for increased spending on defense and border security with cuts across the board to nondefense discretionary spending. Among other reasons why these are bad decisions, they would have devastating consequences for public investment.
March 16, 2017 | By Josh Bivens | TestimonyEPI’s Josh Bivens delivered the following testimony before the House of Representatives Subcommittee on Monetary Policy and Trade on Thursday, March 16, 2017 at 10:00 a.m.
News from EPI › Congress should reject President Trump’s proposal to cut the Labor Department’s budget
March 16, 2017 | By Heidi Shierholz | Press ReleasesThis morning, the White House released it’s “skinny budget,” the blueprint that lays out the administration’s budgetary priorities. Among the large increases in defense spending and cuts to important programs, one line stands out: a 21 percent cut to the Department of Labor.
March 15, 2017 | By Marni von Wilpert | BlogAcosta’s view that every worker in America deserves basic protections in the workplace is starkly at odds with President Trump, who has repeatedly referred to Latino immigrants as killers and rapists, and promised wide-sweeping deportations, immigration bans, and the construction of an enormous wall along the U.S.-Mexico border.
March 15, 2017 | By Josh Bivens | BlogThe Federal Reserve’s announcement today that it would raise short-term interest rates is not surprising, but is disappointing. As always, the issue is less about the direct impact of today’s 0.25 percentage point hike, and more about what this hike means, especially given that it has come relatively hard on the heels of a hike in December.
March 15, 2017 | EventsEPI is presenting a new report that outlines the connections between mass incarceration and racial achievement gaps. As many as one-in-four African American students has a parent who is or has been incarcerated, and the discriminatory incarceration of African American parents has damaging consequences for children in school.
March 15, 2017 | By Elise Gould | Economic SnapshotIn 2016, wages for low-wage workers rose faster in states that increased their minimum wage than in states that saw no minimum wage increase.
March 14, 2017 | By Elise Gould | BlogYesterday, the Congressional Budget Office released its analysis of the American Health Care Act. The bottom line is that the number of uninsured Americans will grow by 24 million by the year 2026 if it is passed.
Senator Baldwin is right: AHCA is particularly great for health insurance CEOs, bad for almost everybody else
March 14, 2017 | By Josh Bivens | BlogThere are plenty of outrageously bad things about the American Health Care Act (AHCA), the recently proposed Republican replacement for the Affordable Care Act (ACA).
March 13, 2017 | By Valerie Wilson | Press ReleasesEPI applauds the appointment of Raphael Bostic as the 15th president and CEO of the Atlanta Federal Reserve Bank and the first African American regional bank president since the Federal Reserve System was created in 1913.
March 13, 2017 | By Janelle Jones | State Jobs PictureThe January State and Regional Employment report, released today by the Bureau of Labor Statistics, showed that most states started the new year with continued modest job growth and decreases in unemployment rates.
March 13, 2017 | By Monique Morrissey | BlogOK, maybe it’s a slight exaggeration, but almost everyone—99 percent of Americans and all members of Congress—will win if the GOP health plan fails.
A ‘high-pressure economy’ can help boost productivity and provide even more ‘room to run’ for the recovery
March 12, 2017 | By Josh Bivens | ReportSummary The last four years have seen an extraordinarily sharp deceleration in productivity growth (the average amount of income generated in an hour of work in the economy).
March 10, 2017 | By Elise Gould | BlogIt’s important to keep this steady improvement in mind as we assess economic progress moving forward. No policymaker should be allowed to claim credit for improvements that are simply a continuation of a trend.
March 10, 2017 | By Elise Gould | Economic IndicatorsToday’s jobs report, which showed the economy adding 235,000 jobs in February, is notable for being the first BLS report of the Trump administration.
March 9, 2017 | By Elise Gould | BlogNo policymaker should be allowed to claim credit for improvements that are simply a continuation of a trend. Conversely, failure to deliver still lower unemployment in the coming years should be seen as a policy mistake
Janet Yellen, not Donald Trump, is far more likely to decide whether or not we reach genuine full employment in 2017
March 9, 2017 | By Josh Bivens | BlogIn recent weeks, a number of stories have been written about the Trump administration’s excessively rosy projections for economic growth in coming years.
The State of American Wages 2016: Lower unemployment finally helps working people make up some lost ground on wages
March 9, 2017 | By Elise Gould | ReportRising wage inequality has been a defining feature of the American economy for nearly four decades. In 2016, with an improving economy, most workers at all income and educational levels finally began to see an increase in wages. But large gaps in equality by gender, race, and wage level remain, and some of these gaps are increasing.
March 7, 2017 | By Ron Hira | TestimonyEPI Research Associate Ron Hira delivered the following testimony before the Maryland House Economic Matters Committee on Monday, March 6, 2017.