Dr. Elise Gould, a senior researcher at the Washington, D.C.-based Economic Policy Institute (EPI) said research conducted by EPI experts, scholars and researchers corroborates the United Way findings.
Black Press USA
April 30, 2019
Taking Iran’s supplies out of the equation was bound to increase prices, despite what Pompeo and President Donald Trump have said, especially given that Venezuela’s oil supply is similarly sanctioned. This increase in oil prices will have an impact on economic growth in the United States, said Robert E. Scott, senior economist and director of trade and manufacturing policy research at the Economic Policy Institute.
ThinkProgress
April 30, 2019
Proponents of the current flat tax system argue that it’s the only “fair” system of taxation because it allegedly treats everyone the same. If that were true, then Illinois wouldn’t be ranked the “eighth most unequal” state in the nation, according to the Economic Policy Institute. We are one of only eight states in the country with a flat tax system. Perhaps there’s a reason for that.
Chicago Sun Times
April 30, 2019
First, it abandoned an Obama-era rule to raise the salary threshold for overtime pay eligibility, instead proposing a watered-down rule that provides significantly fewer protections and would cost workers a projected $1.2 billion a year in lower wages. The Economic Policy Institute (EPI) estimates that President Donald Trump’s proposed overtime rule would cover 8.2 million fewer workers in 2020 than the 2016 Obama protections—a gap that would grow to 11.5 million workers in 10 years. Trump also abandoned a rule that protects retirees from being cheated by financial advisers, a problem that costs people $17 billion in retirement savings per year; he is seeking to replace it with a rule that offers few protections and would amount to little more than window dressing. Finally, the Trump administration is looking to weaken standardsgoverning fuel efficiency and climate pollution, which means that American families could spend a net $23.8 billion more every year, largely due to higher spending on gas.
Center for American Progress
April 30, 2019
This revelation shouldn’t come as a surprise to anyone who has lived in the U.S. and experienced the effects of wealth disparity firsthand. Income has stagnated for working families while pay for executives has skyrocketed. A report from the Economic Policy Institute notes that average CEO pay is 271 times that of the average American worker — that ratio was 30 to 1 in 1978.
DailyLobo.com
April 30, 2019
A family in the United States needs an annual income of at least $421,926 to be in the top 1% of earners, according to Economic Policy Institute data.
Business Insider
April 30, 2019
“If Democrats don’t change their narrative on this, Trump is going to cut them up,” said Jeff Faux, co-founder of the Economic Policy Institute, a think tank supported by organized labor. “They have to start dealing with this and convincing people they are for secure borders.”
LA Times
April 30, 2019
“If you compare child care expenses across the states compared to how much it costs to pay in-state tuition, those numbers are pretty comparable, and sometimes they’re even higher for infant care costs. And so you don’t have the time — you don’t have the years — to be able to make those savings,” said Elise Gould, senior economist at the Economic Policy Institute.
Newsy
April 30, 2019
AUSTIN, Texas – Texas teachers earned more than 22 percent less in weekly wages than similar college graduates in 2018, after accounting for education, experience and other factors, according to a new Economic Policy Institute report.
Public News Service
April 30, 2019
For a single person starting out on their own in the San Francisco metro area it takes roughly $69,000 to afford basic expenses, according to the Economic Policy Institute, a left-leaning think tank. “Once you pay your mortgage and put food on the table and get to and from work you don’t have a whole lot left over to pay your debt,” said Elise Gould, a senior economist at EPI.
Market Watch
April 30, 2019