Also, the assertion that trade deficits are not debt and are good for the economy is flawed. According to the Economic Policy Institute (EPI), trade deficits have eliminated nearly 5 million good-paying manufacturing jobs over the past two decades and 90,000 factories.
Industry Week
November 24, 2020
Lynn Rhineheart, senior fellow at the Economic Policy Institute (EPI) and the former general counsel for the AFL-CIO.
St. Louis/Southern Illinois Labor Tribune
November 24, 2020
Still better would be two progressives being promoted by the labor movement: Mike Wessel, a leading activist trade lawyer, and Thea Lee, president of the Economic Policy Institute. These now seem long shots.
The American Prospect
November 24, 2020
The announcement comes as schools across the country grapple with a shortage of educators, a longstanding problem that in many places has been exacerbated by the coronavirus pandemic. Nearly a third of teachers have said that the pandemic has made them more likely to retire early or leave the professional altogether, a figure that “increases to about one in two or more among those with more than 30 years of experience or those ages 50 or older,” according to an analysis by the Economic Policy Institute.
Route Fifty
November 24, 2020
Heidi Shierholz, senior economist with the Economic Policy Institute, said Congress’ failure to act will hit communities of color the hardest – a group that’s also borne the brunt of coronavirus sickness and death.
“Black and Brown workers have seen much more job loss,” Shierholz said. “And so, cutting off stimulus actually hurts Black and Brown communities much more than other communities, and will exacerbate existing racial inequalities.”
Public News Service
November 24, 2020
The rule would cost workers more than $3.7 billion annually — at least $400 million in new annual paperwork costs, and at least $3.3 billion every year in the form of reduced pay and benefits, says Heidi Shierholz, director of policy for the non-partisan Economic Policy Institute. Additionally, social insurance funds (Social Security, Medicare, Unemployment Insurance and Workers’ Compensation) would lose at least $750 million annually in the form of reduced employer contributions.
St. Louis/Southern Illinois Labor Tribune
November 24, 2020
Income support for caregivers is disaster relief and sorely needed economic stimulus combined, and it will keep mothers attached to the labor force addressing a pandemic-related employment gender gap. The Economic Policy Institute shows the importance of promoting women in the labor force to maintain economic growth. Keeping women attached to the labor force is also necessary to our post-COVID economic recovery.
The Hill
November 24, 2020
“I’m very happy about the Yellen announcement,” said Heidi Shierholz, who leads the economic policy team at the progressive Economic Policy Institute and served in the Obama administration, citing Yellen’s strong performance as Fed chair. “One key thing about her: Her decisions are guided by data and evidence, not ideology and not partisanship ― it’s data. It’s evidence.”
Huffington Post
November 24, 2020