Media clips
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There are a lot of factors going into that: one is shift over many decades away from defined-benefit pension plans and towards individual contributions into 401(k)s, which have varying levels of contributions, participation and returns. In a recent report, the Economic Policy Institute showed 401(k)’s primarily benefit the wealthiest families for a variety of reasons. And, the Great Recession took a big bite out of family wealth, which has been slower to return to low-income households.
Marketplace July 29, 2016 -
But the enthusiasm could be tempered by some sobering news: A new report shows that, despite having equal or more education than men, women are still paid less than men. The report released Thursday by the Economic Policy Institute – timed to coincide with Clinton’s historic nomination – shows “despite the fact that millions more women have joined the workforce and made huge gains in their educational attainment over the last several decades, women still earn less than men at every educational level.” According to the report, women with an advanced college degree earn less than men with a college degree, and women who have attended some college take home less than men with a high school diploma. The disparities don’t end there: Women straight out of college make around $4 less per hour than men, and the gap has grown since 2000. The report is more evidence the gender gap has yet to narrow, despite Clinton’s groundbreaking achievement.
U.S. News & World Report July 29, 2016 -
It’s no secret that women are paid less than men in the workplace—79 cents to the dollar, to be exact. A report by research assistant, Jessica Schieder, and Senior Economist, Elise Gould, of the Economic Policy Institute revealed that many people argue that the pay gap is not a matter of discrimination. Instead, it’s a matter of certain factors including occupational choice, education, and pre-set expectations about women’s role in the work place and family that directly affect a woman’s pay.
Black Enterprise July 29, 2016 -
But the enthusiasm could be tempered by some sobering news: A new report shows that, despite having equal or more education than men, women are still paid less than men. The report released Thursday by the Economic Policy Institute – timed to coincide with Clinton’s historic nomination – shows “despite the fact that millions more women have joined the workforce and made huge gains in their educational attainment over the last several decades, women still earn less than men at every educational level.” According to the report, women with an advanced college degree earn less than men with a college degree, and women who have attended some college take home less than men with a high school diploma. The disparities don’t end there: Women straight out of college make around $4 less per hour than men, and the gap has grown since 2000. The report is more evidence the gender gap has yet to narrow, despite Clinton’s groundbreaking achievement.
U.S. News & World Report July 29, 2016 -
So, in 2014 — 22 years after full employment first disappeared from the Democratic platform — Conyers helped create the Full Employment Caucus in the House of Representatives. The caucus now boasts 32 members, many of whom worked on the committees that helped draft this year’s Democratic platform. Some also reached out to Hillary Clinton’s team. Meanwhile, the Fed Up campaign and the Economic Policy Institute both helped organize pressure and gather signatures.
The Week July 29, 2016 -
Even with a high-school diploma, wages have gone nowhere. White, male, high-school grads or less make an average of $20.33 an hour, according to the Economic Policy Institute. That’s a 6-cent inflation-adjusted raise since 1981, and 15 cents since 2008.
July 29, 2016 -
Lawrence Mishel is president of the Economic Policy Institute, a progressive think tank. Mishel, a native of Philadelphia who now lives in Washington, was back to visit for the DNC. “Well, the economy certainly isn’t fixed, but the economy is in a better position than it was a few years ago when we were in the midst of the greatest recession since the 1930s,” Mishel said. “What we really haven’t fixed is getting people’s wages to rise faster than inflation for low-wage and middle-wage workers. To do that, we need to have strong continued growth. We can’t let the Federal Reserve Board raise interest rates to slow down the economy, and it would be really great if Congress could invest in infrastructure and do things that would create more jobs” – both issues that were raised during Clinton’s acceptance speech last night
City & State July 29, 2016 -
When our politicians and diplomats negotiate trade deals, we lose because they don’t know a good deal from a bad one. For instance, when President Bill Clinton signed NAFTA in 1993, he believed it would “create 200,000 jobs in this country by 1995 alone.” Instead, the U.S. has lost over 700,000 jobs, according to the Economic Policy Institute, while our trade deficit with Mexico has rocketed from $1.6 billion in 1993 to $60 billion in 2015, according to the Commerce Department… As for 2012’s South Korean free trade agreement, Secretary of State Hillary Clinton called it a “cutting edge trade deal” that would create 70,000 new jobs. All we’ve gotten is a near doubling of our South Korean trade deficit and more than 75,000 jobs lost, according to the Economic Policy Institute.
CNBC July 29, 2016 -
And yet a 2009 study from the Economic Policy Institute found that taxpayers actually receive a $17-$221 return on investment for every dollar invested in controlling lead hazards. The reason is simple: Keeping children safe from lead hazards can prevent future health issues, reduce criminal activity, limit the number of kids who end up in special education programs, and improve individual IQs and lifetime earnings—all of which reduce stress on the economy. “There is no other public health program in the country that has that kind of dollar return,” Norton says.
CityLab July 29, 2016 -
Similarly, a report from the Economic Policy Institute (EPI) argues that “through generating tax revenues, decreasing the fees Americans pay on their investments, and shrinking unproductive parts of the financial sector, an FTT would help Wall Street work for Main Street.” The papers were released after the Democratic Party adopted a platform endorsing a FTT “to curb excessive speculation and high-frequency trading.” The platform also states that there is room for Democrats to have varying views on a broader FTT.
The Hill July 28, 2016