[tweeted EPI unions report] https://twitter.com/WeAreCTA/status/1300885393471016960?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1300885393471016960%7Ctwgr%5Eshare_3&ref_url=https%3A%2F%2Fwww.cta.org%2Fevents%2Fawareness-events%2Flabor-day
California Teachers Association
September 4, 2020
Union members in America were better prepared for the coronavirus pandemic and have fared better than their nonunionized peers, according to a recent report by the Economic Policy Institute (EPI). The report further illuminates how unions have stood up for working families during our country’s nearly unprecedented public health and economic crisis.
AFSCME
September 4, 2020
And more than half of the essential workers in the United States who can’t do their jobs from home are also people of color, according to the Economic Policy Institute.
Washington Post
September 4, 2020
ECONOMY: Income inequality, and coronavirus’ economic fallout
Two-thirds of the nation’s wealth is owned by the richest five percent of Americans, while at the same time more than 38 million Americans live in poverty. The rich getting richer and the poor getting poorer has been the story of economic inequality for the last 50 years, and COVID-19 appears set to continue the trend. Correspondent Jill Schlesinger looks at the downside – and what one business figure calls the upside – of income disparity.
For more info:
- KC Tenants, Kansas City, Mo.
- “Capital In the Twenty-First Century” by Thomas Piketty (Belknap Press), in Hardcover, Trade Paperback, eBook and Audio formats, available via Amazon
- Thomas Piketty, Paris School of Economics
- The documentary “Capital In the Twenty-First Century” (Kino Lorber), now screening in virtual cinemas
- Valerie Wilson, director Economic Policy Institute, Washington, D.C.
- edwardconard.com
- “The Upside of Inequality: How Good Intentions Undermine the Middle Class” by Edward Conard (Portfolio), in Hardcover, Trade Paperback, eBook and Audio formats, available via Amazon
CBS Sunday Morning
September 4, 2020
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