“It was the continuation of the assumption that policymakers had about white superiority, African American inferiority, and the desire to keep the two apart.” — Richard Rothstein, Distinguished Fellow of the Economic Policy Institute
Axios
December 21, 2020
In fact, the Economic Policy Institute, says it may take up to a decade just for Latino workers to make up those losses. Correspondent Jessica Gomez travels to Chicago to show us the challenges facing Latino communities trying to get back on their feet.
WBAL-TV
December 21, 2020
Early in the pandemic, more than 1 in 6 Black workers lost their jobs between February and April, and as of April, less than half of the adult Black population was employed, according to the Economic Policy Institute.
The institute concluded that Black workers were less able to weather the storm because they have fewer earners in their families, lower incomes and lower liquid wealth than white workers.
Chicago Tribune
December 21, 2020
Biden could try to tackle parts of his economic agenda on his own. He could modify Trump’s trade tariffs, for example, or change regulations around the Affordable Care Act. These ideas might be helpful in the long run, says Heidi Shierholz with the Economic Policy Institute, but they don’t tackle the financial problems people are facing right now. The economy needs a stimulus and…
HEIDI SHIERHOLZ: The president just doesn’t have those tools.
KHALID: The tools, for example, to offer more money to state and local governments so they can keep firefighters on the job. And so the biggest economic test for Biden isn’t how much he can do on his own, but how good he is at cutting deals.
SHIERHOLZ: The thing he’ll have to resort to is trying to lean on his nearly 50 years of experience in Washington. That is what it will come down to. Can President Biden convince Mitch McConnell to move on some of this stuff? Because that is what it will take to get the stimulus that is needed.
NPR
December 21, 2020
“We made the mistake of not enough fiscal stimulus in the aftermath of the Great Recession, and we should not be making it again,” Heidi Shierholz, director of policy at the Economic Policy Institute, told Business Insider. “It appears we are on the cusp of making it again.”
Business Insider
December 21, 2020
The Economic Policy Institute found that in 2019, public school teachers earned 19.2 percent less in weekly wages relative to other college-educated workers, after accounting for factors such as education, experience, and state residence. The gap has grown substantially since the mid-1990s, although it did improve slightly from 2018 to 2019. EPI says the data are not yet sufficient to say if this improvement reflects the pay raises resulting from the teacher activism.
Education Week
December 21, 2020
New research from the Economic Policy Institute found that, over the last 40 years, wages have grown 160 percent for the top 1 percent of earners in the U.S., so those making about $500,000 a year or more. Meanwhile, those in the bottom 90 percent of earners only saw wages grow by 26 percent.
Women's Wear Daily
December 21, 2020
The move online has in many cases worsened existing socioeconomic achievement gaps as well, since online learning works only when students have consistent internet access and home support, according to research compiled by the Economic Policy Institute and others.
Politifact
December 21, 2020