Economic Policy Institute senior economic analyst David Cooper examined the performance of Minnesota and Wisconsin during the tenures of Minnesota Gov. Mark Dayton and Wisconsin Gov. Scott Walker and says by virtually every metric, Minnesota’s economy performed far better for working families than Wisconsin’s in the last seven years. Since taking office in 2010, Dayton and Walker have pursued vastly different state economic policy agendas. Because of the proximity and similarities of the two states, comparing their economic performance provides a compelling case study for assessing which agenda leads to better outcomes for working people. “Policymakers in Wisconsin have pursued a highly conservative agenda centered on cutting taxes for the rich, shrinking government, and weakening unions,” Cooper stated in a news release. “In contrast, Minnesota has enacted a slate of progressive priorities like raising the minimum wage, strengthening labor standards, and boosting public investments in infrastructure and education, financed through progressive taxes. The results could not be more clear: workers and families in Minnesota have done far better over the past seven years than their counterparts in Wisconsin.”
Wisconsin Gazette
May 9, 2018
A new report from the Economic Policy Institute finds Minnesota’s economy improved more than Wisconsin’s between 2010 and 2017, based on a number of economic measures. The median household income in Minnesota grew 7.2 percent between 2010 and 2016, while Wisconsin’s grew by 5.1 percent over the same period. Median family income followed a similar trend, growing 8.5 percent in Minnesota and 6.4 percent in Wisconsin. Job growth has also lagged in Wisconsin compared to its western neighbor, the report shows. In Minnesota, job growth since the end of 2010 was 11 percent in total nonfarm employment, compared to 7.9 percent growth in Wisconsin. (whole story)
WisBusiness.com
May 9, 2018
Urban Milwaukee
May 9, 2018
Some ground their support for higher teacher pay in education policy. They argue you’ll get the quality of teachers you pay for, and teacher pay lags behind other white-collar professionals. The Economic Policy Institute found that teachers’ weekly wages are 23 percent lower than those of other college graduates. If a teacher can’t earn enough to pay off their student loans, they’ll probably think twice before becoming an educator.
The American Prospect
May 9, 2018
Texas Public Radio
May 9, 2018
President Trump’s administration announced plans in March to hike tariffs on U.S. imports of steel and aluminium to combat what it said was unfair trade practices from China. Many economists have criticized the move, but others say tariffs could be an effective tool for addressing long-simmering problems in the global economy. Here & Now‘s Jeremy Hobson speaks with Robert Scott (@robscott_epi), senior economist and director of trade and manufacturing policy research at the Economic Policy Institute, who says tariffs are long overdue — as long as they’re part of a larger economic strategy.
WBUR
May 8, 2018
The international provisions in the new U.S. tax law fail to live up to Republicans’ promises that the legislation will boost domestic investment and manufacturing, according to a panel of experts speaking Monday at the Economic Policy Institute in Washington, D.C. Contrary to the GOP’s messages around the passage of the Tax Cuts and Jobs Act, P.L. 115-97, academics who have analyzed the new legislation say lawmakers’ deliberate policy choices actually make the U.S. a less desirable place to invest while encouraging multinational companies to shift… (paywall, appears to be whole story)
Law 360
May 8, 2018
—Report: “State attorneys general can play key roles in protecting workers’ rights,” from the Economic Policy Institute
Politico Pro
May 8, 2018
“Uber and Lyft are kind of the poster children to some extent for this debate,” says Celine McNicholas at the left-leaning Economic Policy Institute in Washington. “We become more aware of these issues, and it’s wonderful to have these decisions shine a light on the reality of what folks delivering our FedEx packages and driving us to and from friends’ houses are experiencing. “It’s about giving thought to the economy we’re supporting,” she adds.
The Christian Science Monitor
May 7, 2018