The senators cited an Economic Policy Institute study that found consumers win arbitration claims only 9 percent of the time.
NJ.com
July 30, 2020
Richard Rothstein, a research associate at the Economic Policy Institute, and author of “In the Color of Law: A Forgotten History of How Our Government Segregated America,” previously told Smithsonian Magazine:
Segregation in every metropolitan area was imposed by racially explicit federal, state and local policy, without which private actions of prejudice or discrimination would not have been very effective. And if we understand that our segregation is a governmentally sponsored system, which of course we’d call de jure segregation, only then can we begin to remedy it.
The Washington Post
July 30, 2020
“The policy response to this should be clear,” Josh Bivens, research director at the Economic Policy Institute, wrote in a blog post Thursday. “Congress and the president need to restore the extra $600 in unemployment insurance so long as the job market remains damaged, and needs to provide large-scale, flexible aid to state and local governments to keep the coming revenue shortfalls facing these governments from translating into spending cuts and austerity.”
Common Dreams
July 30, 2020
Others argue that there are more unemployed workers than job openings, as senior economist Heidi Shierholz wrote in a blog post for the Economic Policy Institute, or that people aren’t returning to work because it’s not safe for them or their families.
“Cutting off the $600 cannot incentivize them to get jobs; it will just cause pain,” Shierholz wrote.
ABC News
July 30, 2020
But Economic Policy Institute Director of Research Josh Bivens said the $600 payments have been a boon for the country’s economy, allowing people to keep their homes and avoid bankruptcy filings. He also said the payments support jobs, as unemployed workers spend much of the money at shops and grocery stores.
Des Moines Register
July 30, 2020
California would lose about $1.4 billion weekly and $12.9 billion by the end of September under the GOP plan, according to the nonpartisan Century Foundation. It would also lose nearly 560,000 jobs over the next year, more than any other state, the progressive Economic Policy Institute found.
Cal Matters
July 30, 2020
Even if Congress does extend the aid before July 31, it will take two to four weeks for states to reinstate the benefits according to the Economic Policy Institute.
CNET
July 30, 2020
Through past recessions, UI benefits have been shown to be one of the most effective ways to stimulate the economy with approximately $2 injected into the economy per $1 received through these benefits.[3] Furthermore, the Economic Policy Institute projects “that extending the $600 UI benefits through the middle of 2021 would provide an average quarterly boost to gross domestic product (GDP) of 3.7% and employment of 5.1 million workers.”[4] We cannot risk losing this projected increase in GDP and related jobs this spending supports due partisan differences. With a drastic reduction in UI benefits, fiscally constrained families will be unable to purchase food and rent that will support our economy.
Sen. Kirsten Gillibrand
July 30, 2020
“Ensuring that workers and consumers can hold companies accountable for their actions is critical to establishing a safe reopening of our economy,” Celine McNicholas and Margaret Poydock of the labor-associated Economic Policy Institute have observed.
Los Angeles Times
July 30, 2020