Yellen, a President Barack Obama appointee in 2014 to the Fed, appeared on a panel titled “Women in Economics: The Washington Edition.” The discussion, held at the Economic Policy Institute think tank, focused on female economists and the challenges they face in the real world of a white-male dominated profession.
Inside Sources
November 12, 2019
The Economic Policy Institute found that since 1979 American productivity has increased a staggering 69 percent. But hourly wages have only gone up 11 percent, meaning that Americans are working their hardest in decades and getting paid less than ever for it.
GQ Magazine
November 6, 2019
Employees who have manufacturing technology skills are incredibly valuable and compensated accordingly. A recent Economic Policy Institute paper notes manufacturing workers earn 13 percent more in hourly compensation (including both wages and benefits) than comparable workers in the rest of the private sector. Other studies point to similar compensation advantages.
Fox Business
November 6, 2019
One other observation: Employee participation in 401(k)-type plans is much more unequal than in traditional plans. The union-oriented Economic Policy Institute reported in 2016 that 68% of households in the top 20% of the income ladder had 401(k) plans, but only 4% of those in the bottom 20% of income. By contrast, 27% of the top fifth and 6% of the bottom fifth had defined benefit pensions. Munnell and Biggs gloss over this imbalance, as we’ll see.
LA Times
November 6, 2019
California is quite familiar with that gap. In 2017, the state had the seventh-greatest disparity in the U.S. between the richest 1% and everyone else, according to the Economic Policy Institute. One in five California children lives in poverty.
San Francisco Chronicle
November 6, 2019
According to the Los Angeles Daily News Nov. 3 editorial, we cannot afford Medicare for All. Are you kidding! The top .01 percent average annual income was $26.1 million according to the 2013 Economic Policy Institute report. Moreover, in 2018 the richest 400 families in the US paid an average effective rate of 23% while the bottom half of American households paid a rate of 24.2%. This is according to two University of California Berkeley economists Emmanuel Saez and Gabriel Zucman in their book, “The Triumph of Injustice.”
Monterey Herald
November 6, 2019
Dorsey lives in the Columbia Forest neighborhood in South Arlington with his wife, Rachel Feldman, and their two daughters. He is a policy and communications consultant for liberal organizations. Before joining the board, he was a senior leader at the Economic Policy Institute, a think tank that promotes progressive economic policies.
The Washington Post
November 6, 2019
A quick search online would have you believe a recession is imminent. According to an Economic Policy Institute report published in April 2019, there is a “real possibility” that the United States could find itself in a recession as soon as the next 18 months.
MSN Money
November 6, 2019
The typical working family hasn’t experienced the sort of income gain that one would expect in a tight labor market, Heidi Shierholz, former chief economist at DOL and policy director at the left-leaning Economic Policy Institute, explained to Morning Shift. “We’ve had this very low sustained unemployment and it’s not sparking inflation. We actually still have slack in the labor market,” she said. “By and large the labor market is strong, people are able to find work,” Shierholz said, but the jobs that are available “don’t have family-sustaining wages and benefits.”
Politico
November 6, 2019