The additional funds not only help students, but also teachers who — nationally on average — pay $480 out-of-pocket for supplies, according to the Economic Policy Institute. That number grows to about $525 in high-poverty areas.
St. Cloud Times
September 3, 2020
WASHINGTON—Calling the evidence “troubling,” researchers from the Economic Policy Institute issued a statement Wednesday warning Americans that money withering to ash in their hands could be a sign of a recession. “We found that numerous $5 bills suddenly turning into a powdery residue that slips through your fingers may be one of the strongest indicator that our country is heading toward a significant period of decline,” said lead researcher Kevin White, who recommended that Americans prepare for what may be looming ahead by attempting to fruitlessly grab at the charred remains of their savings as it blows away with the wind and spirals off into the horizon. “We’ve studied hundreds of cases across the country of Americans opening their wallets only to find nothing but cinders. Originally, we were hoping this was a sign of a comeback, but it turns out things are looking rather dire. This may be even worse than when money began fading slowly out of existence in 2008. At this rate, we fear that there may be no cash left by the end of Q3.” At press time, White urged Americans not to withdraw any money from their bank accounts, as they might suffocate in the sheer amount of ash.
The Onion
September 3, 2020
“When the economy’s growth is demand-constrained, anything that keeps households from cutting back on spending actually supports growth,” Josh Bivens, director of research at the Economic Policy Institute, a left-leaning think tank, said in June. “Cutting off a policy support that helps households maintain spending is a terrible idea, both for these households’ welfare and for macroeconomic stabilization.”
MarketWatch
September 3, 2020
Absent federal action, these job losses could get much worse. A recent analysis conducted by the Economic Policy Institute estimates that without it, Kansas will lose a combined total of 51,700 public and private jobs by the end of 2021.
Great Bend Post
September 3, 2020
The article further detailed that 39% of the workers in the US fell under the essential categories and were therefore more vulnerable to the disease, according to the Economic Policy Institute. Additionally, the March to May lockdown was not uniform and stringent across the nation.
Pharmaceutical Trends
September 3, 2020
“We are already seeing it,” said Heidi Shierholz, senior economist and director of policy at the Economic Policy Institute (EPI). “But it’s just gonna get way, way worse.”
The 19th
September 3, 2020
Nevada was the state with the highest Hispanic unemployment rate for the second quarter at about 30 percent, up from about 5 percent last quarter, according to a report by the Economic Policy Institute.
Nevada Current
September 3, 2020
The findings match up with new data from the U.S. Census Bureau that reveals families of color are also disproportionately experiencing the negative social, economic, and mental health effects of the coronavirus crisis. Figures from the Economic Policy Institute also show that job losses are hitting Black workers and their families especially hard.
New York Amsterdam News
September 3, 2020
WASHINGTON—Calling the evidence “troubling,” researchers from the Economic Policy Institute issued a statement Wednesday warning Americans that money withering to ash in their hands could be a sign of a recession. “We found that numerous $5 bills suddenly turning into a powdery residue that slips through your fingers may be one of the strongest indicator that our country is heading toward a significant period of decline,” said lead researcher Kevin White, who recommended that Americans prepare for what may be looming ahead by attempting to fruitlessly grab at the charred remains of their savings as it blows away with the wind and spirals off into the horizon. “We’ve studied hundreds of cases across the country of Americans opening their wallets only to find nothing but cinders. Originally, we were hoping this was a sign of a comeback, but it turns out things are looking rather dire. This may be even worse than when money began fading slowly out of existence in 2008. At this rate, we fear that there may be no cash left by the end of Q3.” At press time, White urged Americans not to withdraw any money from their bank accounts, as they might suffocate in the sheer amount of ash.
The Onion
September 3, 2020