Spending $1 billion on child care may sound like a lot, but it’s only about a 4.5% increase in federal funding. Public spending to fund early child care and education is about $34 billion, with the federal government kicking in about $22.2 billion and state and local municipalities spending about $11.8 billion, according to the most recent data progressive think tank Economic Policy Institute sourced from the Organization for Economic Co-operation and Development in 2017.
CNBC
February 11, 2020
For Americans in the lower part of the spectrum, income has generally outpaced inflation by only a slight margin since 1974, according to data collected by the left-of-center Economic Policy Institute shows inflation-adjusted data for wages going back to 1973.
NBC 6 Miami
February 11, 2020
The trade deal with China is definitely a step in the right direction for the Trump administration. But only after taking several steps backwards! Like a broken clock Donald Trump has been complaining about trade imbalances since the 1980s, first with Japan and now with China. Global trade with China has been growing steadily. In a recent study, The Economic Policy Institute reported little over a 4 fold increase in imports from China (120B-540B) and a greater than a 6 fold increase in exports to China (19B-120B).
India Currents
February 11, 2020
El Economic Policy Institute, un grupo de expertos no partidista, publicó esta semana un nuevo informe sobre el empleo en el sector público en Virginia, que es uno de los tres estados que niega a todos sus trabajadores del sector público la libertad de negociar colectivamente.
El Tiempo Latino
February 11, 2020
Asian American and Pacific Islander women have to work this far into the year to earn the same amount that white men earned in 2019 alone. In other words, the average AAPI woman had to work “almost an extra month and a half to make up for the annual earnings relative to the average non-Hispanic white man,” according to the Economic Policy Institute.
CNN
February 11, 2020
Elise Gould, senior economist at the nonprofit think tank Economic Policy Institute, said stronger participation in the labor force isn’t translating into higher wages.
“Overall, wage growth is still slower than expected in an economy that has had historically low unemployment and remains the most important indicator to watch in 2020,” she said.
Courthouse News Service
February 10, 2020
The slow growth in wages is the single biggest economic issue hampering middle-class families, according to Elise Gould, a senior economist at the left-leaning think tank the Economic Policy Institute.
“Many families are still feeling the after-effects of the Great Recession,” Gould told ABC News, referencing the downturn following the 2008 financial crash. “We’ve seen the economy grow greatly. … We’re still not seeing a full recovery in terms of wages and living standards.”
ABC News
February 10, 2020
The Economic Policy Institute (EPI) has given a somber reality check to those celebrating the low levels of unemployment.
“Nominal wages rose 3.1% year-over-year in November, which is slower than expected in an economy that has had historically low unemployment,” EPI wrote in part before continuing later. “It is important to remember that periods of stronger wage growth for production/nonsupervisory workers in this recovery tend to be followed by periods of relatively weaker growth. Definitely a promising sign if the stronger trends continue, but the slowdown for all private sector workers is still troubling.”
News One
February 10, 2020
States that boosted their minimum wage between 2013 and 2018 saw pay for their lowest-paid workers grow more than 50% faster than those that didn’t, according to an analysis from the left-leaning Economic Policy Institute.
CBS News
February 10, 2020
The Economic Policy Institute has produced several reports detailing “how corporations rig the rules to dodge the taxes they owe.” They found that the tax breaks claimed “are highly concentrated in the hands of a few very large corporations.” They also found that among large corporations with significant foreign profits, two-thirds paid higher tax rates on foreign profits than they paid on US profits.
Medium
February 10, 2020