“The GOP’s use of the term ‘small business’ conjures up images of neighborhood stores run by hardworking Americans carving out a modest living,” said Hunter Blair, an analyst from the left-leaning Economic Policy Institute in a statement. “None of these households would benefit from the Republican plan.” The wealthiest 1 percent of households already claim 69 percent of pass-through income, the EPI said.
CBS Moneywatch
November 30, 2017
“If you’re not being paid, you’re not considered as an employee, then you’re unfortunately sacrificing your right to not be discriminated against in a gross and disgusting way,” Celine McNicholas, labor counsel at the Economic Policy Institute, tells Bustle. “Recent developments and news coverage have shown how susceptible young women are to this kind of treatment. Unpaid internships compound these problems. Your first experience is one where you don’t have a voice.” (Celine quoted throughout)
Bustle
November 29, 2017
The Washington Post
November 28, 2017
As I wrote last year, in a report on the economic costs of conflicted investment advice, President Barack Obama’s Council of Economic Advisers concluded that “conflicted advice costs Americans about $17 billion in foregone retirement earnings each year.” Over the summer, the Economic Policy Institute, a progressive think tank, estimated that an 18-month delay in the full implementation of the rule would cost retirement savings $10.9 billion over the next 30 years. The EPI has also previously estimated that earlier delays under the Trump administration will cost savers $7.6 billion over the next 30 years.
Pacific Standard
November 28, 2017
“Perhaps the most intuitive reason we know these cuts will fail to spark wage growth is that corporate profit rates have been historically high since 2007, while business investment has been historically low,” Josh Bivens, an economist at the liberal Economic Policy Institute, wrote this week.
The New York Times
November 27, 2017
According to Josh Bivens, director of research at the Economic Policy Institute, “The reason to oppose the latest round of Republican tax cuts is that they’re simply unfair and stupid and solve no economic problem facing typical American families. That should be more than enough.”
Common Dreams
November 27, 2017
But Heidi Shierholz, who was the chief economist at Obama’s Labor Department and who now directs a project on worker rights and wages at the liberal Economic Policy Institute, said that there were no credible studies showing that regulations cost American jobs. Some industries, such as the fossil fuel industry, may suffer disruption and losses, she said, but others — such as renewable energy — step in. She accused Trump of campaigning as a populist but governing as a big-business president when it comes to regulations to protect people. (Heidi quoted throughout)
St. Louis Post Dispatch
November 27, 2017
But many believe the loophole had the opposite effect, driving companies instead to pay more in stock options and certain performance-based bonuses, which actually supercharged the growth in CEO pay. In 1989, according to the left-leaning Economic Policy Institute, the median value of annual CEO compensation was $2.7 million. By 1995 it was $6.6 million, and it reached $13 million in 2016.
The Washington Post
November 27, 2017
Cheap labor has attracted American companies to Mexico for decades. The Economic Policy Institute’s Robert Scott estimates about 800,000 U.S. jobs were lost to Mexico between 1997 and 2013. NAFTA became law in 1994.
CNN Money
November 27, 2017
Unemployment for black Americans at 7.5 percent is almost twice the rate it is for whites, and after the Great Recession of 2008 hit a high of 16.8 percent. The annual unemployment rate for blacks with at least a college degree was 3.7 percent in June, compared to 2.3 percent for whites with at least a college degree, according to data from the left-leaning Economic Policy Institute.
The Boston Globe
November 27, 2017