The cost estimates are similar to those in an Economic Policy Institute report last year that found child care in Nevada can cost more than college, and rivals the cost of rent.
Nevada Current
March 10, 2020
Last December, The Federal Reserve released their Distributional Financial Accounts Overview. In this wealth report, it was discovered that the top one percent gained $21 trillion, while the bottom half lost $900 billion. With unprecedented super-tycoons like Jeff Bezos, Elon Musk and Mark Zuckerberg, how much power is left for average folks? CEO compensation has risen 940 percent since 1978, while average worker compensation has only risen 12 percent (Economic Policy Institute). Roughly 90 percent of federal elections are won by the candidate with more money, the one who can outlast.
The Watchdog
March 10, 2020
Sin embargo, un análisis realizado por el Economic Policy Institute, encontró que los costos económicos de Airbnb para las ciudades quizás supere los beneficios.
La Prensa
March 10, 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 10, 2020
As Grove’s remarks about rationing and survival odds imply, a successful response to the crisis must address the demand side. Citizens are much more likely to make sacrifices if they believe we are all in this together. Fostering this feeling, let alone establishing it will be an inordinate challenge. The CDC can in a matter of fact tone ask workers who are sick to stay home, but many states do not require businesses to provide paid sick days for their employees. The Economic Policy Institute reports, “access to paid sick days is vastly unequal. The highest wage workers are more than three times as likely to have access to paid sick leave as the lowest paid workers. Whereas 93 percent of the highest wage workers had access to paid sick days, only 30 percent of the lowest paid workers were able to earn sick days.” Maine has a paid leave law, but it does not take effect until January 1, 2021 and it excludes seasonal workers,
Mount Desert Islander
March 10, 2020
According to the Economic Policy Institute, less than a third of Americans in the bottom 10% of wage earners have access to paid sick leave. These are the very people who cannot afford to miss a paycheck or stockpile resources at home. Even if they are experiencing the symptoms of coronavirus, they are most likely to go to work anyway. The most vulnerable among us are working in the spaces where a disease like this is most likely to spread.
Arkansas Times
March 10, 2020
Paid sick days are particularly rare for low-income workers. Ninety-three percent of workers in the top tenth of the income distribution get paid sick leave, compared with only 30 percent of those in the bottom tenth, according to the Economic Policy Institute, a left-leaning think tank.
Politico
March 10, 2020
AHH: A new analysis from the Economic Policy Institute is welcome news for Medicare-for-all advocates. Research from the liberal think tank says a national single-payer health-care system would give the American labor market a boost.
“By decoupling employment from health care, economist Josh Bivens argues, workers would be able to find jobs that better match their skills and have more freedom to start their own businesses,” our Post colleague Chris Ingraham reports. “The job losses in health-care administration, while very real, are less of a concern in the context of normal amount of job creation and destruction in any given year, he says.”
The Washington Post
March 10, 2020