And not to go all progressive liberal on you, but it is important to note — and predictable — that the biggest wage gains since the recession went to the top 1-percent of pay levels. According to the Economic Policy Institute, between 2009-13, the average income of the top 1 percent grew by 17.4 percent, while the bottom 99 percent saw wage growth of 0.7 percent.
Lompoc Record
July 2, 2019
CNBC said in a March report, “For the first time during the recovery, lower-end earners are getting more of the benefit, according to a Goldman Sachs report.” And the Economic Policy Institute, a think tank that advocates for low- and middle-income earners, said in a 2019 report: “From 2017 to 2018, relatively fast growth continued at the top (2.7% at the 95th percentile), but the 20th and 30th percentiles saw the strongest growth at 4.8% and 3.7%, respectively.”
FactCheck.org
July 2, 2019
The loss of traditional manufacturing jobs has contributed to income inequality and declining union membership. According to a report by the Washington-based think tank the Economic Policy Institute, if unions had the same presence in the private sector today as in 1979, both union members and non-members would be making about $2,500 more each year.
Wicked Local
July 2, 2019
Tax extenders have come under fire from an unusually broad array of groups. AFP and other conservative organizations such as Heritage Action and Freedom Partners joined with the left-leaning Economic Policy Institute and U.S. PIRG to call for an end to the package last year.
CNBC
July 2, 2019
- Rep. Tim Ryan of Ohio said the bottom 60 percent of workers “haven’t seen a raise since 1980.” But Census data analyzed separately by the nonpartisan Congressional Research Service and the Economic Policy Institute show there has been a rise in inflation-adjusted wages over that time period.
FactCheck.org
July 2, 2019
“Anyone who’s earning 15% or 20% more than minimum wage might see an increase themselves,” said David Cooper, a senior economic analyst at the Economic Policy Institute, a left-leaning think tank. Unlike those paid at the minimum, these workers won’t see an immediate boost, Cooper added: “These are impacts that are likely to occur over the course of the next year.”
CBS News
July 2, 2019
Neither Methodist, nonprofit Baptist Memorial Healthcare nor Regional One, the public hospital, pay all their employees at least $15 an hour. Even that figure would make it impossible to make ends meet for an employee trying alone to support a household with dependents, according to MIT’s Living Wage Calculator and another created by the Economic Policy Institute, both of which take into account local living expenses.
NPR
July 2, 2019
Growing employer opposition to organized labor was reflected in summary evidence of the “standard practice for workers to be subjected to threats, interrogation, harassment, surveillance and retaliation for union activity” gathered by Kate Brofenbrenner. director of labor education research at Cornell School of Industrial and Labor Relations and published May 20, 2009, by the non-partisan Economic Policy Institute.
Sun Journal
July 2, 2019
“The more people are struggling to make ends meet themselves, the more they may notice inequality,” said Elise Gould, an economist at the liberal Economic Policy Institute.
WRAL.com
July 2, 2019
Economic inequality cannot be cured by education because, as we discussed earlier, blacks are paid less at every educational level. In fact, the Economic Policy Institute says that wealth and pay disparity increases as education increases. The notion that black people don’t study hard enough, pay attention in school or value learning is a fallacy perpetuated by white supremacy to salve the pain that they created the wealth disparity and perpetuate it intentionally.
The Root
July 2, 2019