“Anything that in the very short run puts a lot of pressure on family budgets across the board will cause more stress and damage to low-income households because they just have less scope to absorb it,” said Josh Bivens, director of research for the Economic Policy Institute.
Bloomberg
November 19, 2021
“There’s very little anyone can do about the inflation that’s in the pipeline right now for the next two or three months,” Josh Bivens, the director of research for the Economic Policy Institute, a progressive think tank, told The Early, though he thinks it will start to dissipate next year. “It’s just a very difficult spot for them to be in.”
The Washington Post
November 19, 2021
Jones, who worked at the Economic Policy Institute before joining the administration, said, “That’s why I think we should not pump the brakes on the economy. It is much harder and it takes much, much longer — and we saw this after the great recession — to bring millions of people back into the labor market than it is to slow inflation.”
Bloomberg
November 19, 2021
All of these bills were written to funnel money to the parts of the country that were less educated, less affluent, left behind. Adam Hersh, a visiting economist at the Economic Policy Institute, projects that more than 80 percent of the new jobs created by the infrastructure plan will not require a college degree.
The New York Times
November 19, 2021
Moreover, income requirements for food assistance programs like SNAP are stringent and out of touch with modern living costs. In our state of Utah, a family of four must make less than $34,000 a year to be SNAP-eligible. Meanwhile, the Economic Policy Institute estimates such a family living in Salt Lake County needs an annual income more than double that for an adequate standard of living.
CNN
November 19, 2021
“Anything that in the very short run puts a lot of pressure on family budgets across the board will cause more stress and damage to low-income households because they just have less scope to absorb it,” said Josh Bivens, director of research for the Economic Policy Institute.
Bloomberg
November 19, 2021
Using different methodology, Adam Hersh, a visiting economist at the liberal Economic Policy Institute, recently calculated that over the first five years of implementation the infrastructure plan would create nearly 775,000 jobs annually, while the Build Back Better plan would add about another 2.3 million jobs a year. Hersh also projects that more than 80% of the infrastructure plan’s new jobs would not require college degrees, while non-college jobs would compose almost exactly four-fifths of those created by the broader plan.
CNN
November 19, 2021
Cites EPI research multiple times.
November 19, 2021
According to the Economic Policy Institute, the compensation for CEOs have grown by 1,322% since 1978. At the same time, the compensation for a typical worker has grown 18%. This kind of gap cannot be unnoticed and we should discuss why such inequality exists today.
Industry Week
November 18, 2021