To compile the list, the researchers employed the “50-30-20” budget formula made popular by Senator Elizabeth Warren, in which 50 percent of income is allocated for unavoidable “needs,” like rent, groceries and utilities; 30 percent goes to “wants,” like eating out, alcohol and entertainment; and 20 percent goes to savings. The median costs of “needs” were culled from census surveys and the Economic Policy Institute’s Family Budget Calculator; “wants” came from the U.S. Bureau of Labor Statistics Consumer Expenditure Survey; and starter-home prices were derived from Zillow.
The New York Times
March 18, 2022
Still, Summers’s prediction that we’re headed for stagflation does seem pretty nuts. “He’s doing some damage to the history,” Josh Bivens, research director at the Economic Policy Institute, told me. Stagflation was, practically speaking, a one-time event. There was a momentary recurrence during the first half of 2008, when oil prices spiked at the start of the Great Recession, but that “was so short that no one remembers,” Bivens said. (A consumption boom in China coincided briefly with falling Saudi production.) What people remember about the Great Recession isn’t inflation, but years and years of high unemployment and low wages.
The New Republic
March 18, 2022
Governors have certainly made trade-offs during the pandemic between the health of their populations and economic growth, said David Cooper, an economist at the left-leaning Economic Policy Institute. Cooper noted that seven of the 10 states with the highest per capita deaths from Covid-19, including Oklahoma, had Republican governors.
The New York Times
March 18, 2022
Union-busting tactics are disturbingly common. The Economic Policy Institute found in 2019 that employers are charged with breaking labor law in 41.5 percent of all union election campaigns — meaning that they illegally intimidate employees through terminations, disciplines, or threats.
Jacobin
March 18, 2022
But the reduction in supply was met with increased demand as Americans started purchasing durable goods to replace the services they used prior to the pandemic, said Josh Bivens, director of research at the Economic Policy Institute.
CNET
March 18, 2022
According to the Economic Policy Institute, the cost of a modest but adequate standard of living in the Columbus metropolitan area for a family of one adult and two children is $70,190 a year.[11]
Policy Matters Ohio
March 18, 2022
Features interview with Heidi Shierholz.
Bloomberg TV
March 11, 2022
In a tweet, the president of the Economic Policy Institute and former chief economist to the Labor Secretary under President Obama called it “mindbogglingly fast and sustained growth.”
Reuters
March 11, 2022
“It’s not like everything is totally rosy,” noted Heidi Shierholz, president of the D.C.-based Economic Policy Institute, who also gives the federal relief effort high marks. “We still have a long way to go. So I don’t want to make it seem like I’m trying to convince people who are living in what is a difficult time that everything is great. But our recovery is much faster than what it would be if Congress hadn’t acted.”
Capital and Main
March 11, 2022