The reviews of NAFTA are somewhat mixed, and a new version of the deal, the U.S.-Mexico-Canada trade agreement, is expected to be implemented soon, after Canada ratifies it. In 2013, the liberal think tank Economic Policy Institute projected that NAFTA caused, “20 years of stagnant wages and the upward redistribution of income, wealth and political power.” At the same time, Foreign Affairs estimates that 14 millions American jobs still depend on NAFTA. And a 2016 report from the U.S. International Trade Commission concluded the policy, “had essentially no effect on real wages in the United States of either skilled or unskilled workers.”
CBS News
March 30, 2020
The argument helped Sanders eke out a win over Clinton in the Great Lakes state, in a 1.5-point upset. Later, Mr. Trump, too, consistently criticized Clinton over NAFTA and the Trans-Pacific Partnership. Sanders portrays his congressional votes opposing the trade deals as a matter of character. “I worked with the unions as a member of the House of Representative to defeat NAFTA and to defeat PNTR with China. I can remember like it was yesterday being on a picket line in Montpellier, Vermont in opposition to NAFTA. I knew what it was gonna do. I knew that you cannot ask American workers who are earning living wages to compete against the starvation wages being paid in Mexico,” Sanders said Friday in Detroit. The senator hit the same note during campaign stops in Michigan over weekend. He said in Flint on Saturday that “I heard, during that period in the ’90s, I heard all of corporate America say, ‘You gotta vote for these trade agreements.’ And all of the media said, ‘You gotta vote for these trade agreements.’ I stood with the unions, the working families of this country; I voted against those agreements! Joe Biden voted for those agreements.” The reviews of NAFTA are somewhat mixed, and a new version of the deal, the U.S.-Mexico-Canada trade agreement, is expected to be implemented soon, after Canada ratifies it. In 2013, the liberal think tank Economic Policy Institute projected that NAFTA caused, “20 years of stagnant wages and the upward redistribution of income, wealth and political power.” At the same time, Foreign Affairs estimates that 14 million American jobs still depend on NAFTA. And a 2016 report from the U.S. International Trade Commission concluded the policy, “had essentially no effect on real wages in the United States of either skilled or unskilled workers.”
CBS News
March 30, 2020
Dan Sanderson, a software engineer from Wisconsin, has an economic reality that is far from spectacular. In fact, it’s giving me major anxiety. According to an analysis of U.S. Census data by the Economic Policy Institute and Capital & Main, a nonprofit publication in California that reports on economic issues, real median income growth in Wisconsin slowed to 2.2 percent during the first two years of the Trump administration, compared to a healthier 6.4 percent growth rate for the typical household in the final two years of the Obama administration.
The Daily Beast
March 30, 2020
The Economic Policy Institute reported that: “According to the U.S. Department of Health and Human Services, child care is affordable if it costs no more than 7% of a family’s income. By this standard, only 11.2% of New Hampshire families can afford infant care.”
Concord Monitor
March 30, 2020
Between 1978 and 2018, inflation-adjusted CEO compensation soared 940%, according to the group. As You Sow used realized stock options in making its calculations and cited data from the Economic Policy Institute. The group also pointed to growing public sentiment that executive pay packages are skewed, citing the results of a Stanford University poll in which 86% of respondents said that they believe the chiefs of large, public U.S. firms take home outsized paychecks.
Financial Advisor
March 30, 2020
“If what is required is that you’re quarantined, then we should be providing the appropriate incentives for people to be able to follow what is being recommended,” said Elise Gould, a senior economist with the left-leaning Economic Policy Institute.
“If you need the money, then that’s going to change your incentives about what you do,” she added.
Route Fifty
March 30, 2020
Elise Gould, senior economist at the Economic Policy Institute, a think tank, said even if fast food workers find a way to stay home when sick, directives to seek medical attention go unheeded for the uninsured.
“Seventy-three percent of workers have paid sick days, so about a quarter don’t. And these are often the low wage jobs, the service sector,” Gould said. “Hourly workers take care of children and the elderly. Those who work as home health aides — or in retirement homes or nursing homes. Children don’t seem to be at risk themselves, but they have the ability to spread the disease. And they have less respiratory etiquette.”
ABC News
March 30, 2020
The problem goes beyond the gig economy. A study from the Economic Policy Institute shows that 64% of all private-sector workers receive paid sick leave. When looking at low-wage workers, that number plummets to 27%.
The Penny Hoarder
March 30, 2020
Según el Economic Policy Institute solo el 30% de los trabajadores de bajos ingresos cobran los días que estén con licencia por enfermedad y muchos de ellos trabajan en sectores en los que se demanda el contacto social y no pueden trabajar desde casa. En el país “hay deficiencias en la cobertura de los días por enfermedad particularmente entre los trabajadores con mucha exposición”.
El Diario
March 30, 2020
CHEYENNE, Wyo. — New research from the Economic Policy Institute shows that switching to a single-payer health system would boost the overall economy, make it easier for workers to switch jobs or start businesses and create a net surplus of new jobs.
Public Citizen
March 30, 2020