Media clips

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• Donald Trump promised a tough China trade policy, but few think it has worked

  While Ferry pointed to 500,000 new manufacturing jobs in the three years pre-coronavirus, an August study from the left-leaning Economic Policy Institute found the gains were “exactly on par with gains” from 2010-19. Since January, 720,000 manufacturing jobs have been subsequently lost.

  South China Morning Post October 22, 2020
• What’s the status of a second $1,200 stimulus check?

  Economists say other relief policies have proved more effective at boosting the economy. For instance, an extra $600 in weekly unemployment pay helped bolster households that had suffered job or income losses — until it expired in July. In May alone, the program boosted personal income by $842 billion, according to the Economic Policy Institute.

  CBS News October 22, 2020
• UNDER TRUMP, HOUSEHOLD INCOMES GREW MORE SLOWLY IN MAJORITY OF STATES EVEN BEFORE COVID

  In the first three years of the Trump administration, the typical household saw its income grow 7.1% after accounting for inflation, compared to 7% during Obama’s last three years. (According to a new Economic Policy Institute analysis of the U.S. Census Bureau’s Current Population Survey data, there is evidence that median household income growth actually slowed in Trump’s first three years to 2.1% annually compared with 2.6% annually during Obama’s last three years.)

  Capital and Main October 22, 2020
• October 22
  October 22, 2020
• The Unemployment Rate May Be Recovering, But Not For Latinas

  Latina workers experienced a massive increase in unemployment between February and April, increasing 15.3 percentage points, according to the Economic Policy Institute. One in five—20.2%— of Latina workers were unemployed in April. By June, the Latina unemployment rate had significantly recovered but remained 10.4 percentage points over its February level.

  Patch October 22, 2020
• Union elections involving 17,000 workers were impacted by NLRB moratorium – report

  The left-leaning Economic Policy Institute in the report said the moratorium, which ended April 3, was emblematic of the Trump administration’s broader disregard for workers’ rights and democratic elections. The EPI noted that the board issued the moratorium while simultaneously finalizing a rule that makes it more difficult for employers to voluntarily recognize a union.

  Reuters October 22, 2020
• What Trump and Biden tax policies could mean for your paycheck, tax return, investments and retirement savings

  Biden wants the 12.4% Social Security tax to kick back in for incomes above $400,000. The move takes square aim at the country’s highest earners. For example, the average salary for a CEO at the 350 largest publicly-traded companies was $1.325 million (as part of a $21.28 million projected pay package), according to the left-leaning Economic Policy Institute.

  MarketWatch October 22, 2020
• Donald Trump promised a tough China trade policy, but few think it has worked

  While Ferry pointed to 500,000 new manufacturing jobs in the three years pre-coronavirus, an August study from the left-leaning Economic Policy Institute found the gains were “exactly on par with gains” from 2010-19. Since January, 720,000 manufacturing jobs have been subsequently lost.

  South China Morning Post October 22, 2020
• What’s the status of a second $1,200 stimulus check?

  Economists say other relief policies have proved more effective at boosting the economy. For instance, an extra $600 in weekly unemployment pay helped bolster households that had suffered job or income losses — until it expired in July. In May alone, the program boosted personal income by $842 billion, according to the Economic Policy Institute.

  CBS News October 22, 2020
• AAM Statement: Manufacturing Proposal Would Create at Least 7 Million New Jobs

  An analysis by the Economic Policy Institute (EPI) found that the plan would add a minimum of 2 million jobs through infrastructure investments, 1.3 million jobs by investing in clean energy and energy efficiency improvements, and 3.5 million jobs from trade and competitiveness policies. At least 2.5 million of the jobs would be in U.S. manufacturing.

  Alliance for American Manufacturing October 22, 2020