Media clips

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• Census: Uninsured Numbers Decline As More Young Adults Gain Coverage

  EPI health policy director Elise Gould explained to Kaiser Health News’s Phil Galewitz how health reform has been essential to reducing the uninsurance rate among young adults, as it allows them to stay on their parents’ plans until age 26. “I have no other explanation for that decline than the health law because the economy has not been particularly kind to that age group, and it’s not likely that they all got great jobs,” said Gould.

  Kaiser Health News September 21, 2012
• China Barbs Reach Fever Pitch on Campaign Trail

  “Politicians of both parties have supported bills aimed at ending Chinese currency manipulation. The topic also could appeal to an electorate hurting for jobs. The left-leaning Economic Policy Institute estimated earlier this month that the U.S. had lost more than 2.7 million jobs over 10 years as a result of its trade deficit with China.”

  U.S. News and World Report September 21, 2012
• U.S., China lock horns over trade

  In a video segment for Reuters, EPI Vice President Ross Eisenbrey commended the United States for filing another trade case against China, with the latest complaint focused on China’s illegal subsidies to exporters of auto parts. “Waiting any longer [to take action] would have been bad for U.S. workers,” said Eisenbrey.

  Reuters September 21, 2012
• Census: Uninsured Numbers Decline As More Young Adults Gain Coverage

  Health experts credit a provision in the federal health law which took effect in September 2010, which allows families to keep adult children on their health plans until age 26. The Obama administration said about 3 million people have gained coverage from this provision.

  “I have no other explanation for that decline than the health law because the economy has not been particularly kind to that age group, and it’s not likely that they all got great jobs,” said Elise Gould, director of health policy research at the nonpartisan Economic Policy Institute.

  Kaiser Health News September 18, 2012
• Household income falls as 46 million in poverty

  “Austerity will increase poverty both through cuts in programs, like unemployment insurance extensions, and through job loss,” said Heidi Shierholz, an economist at the Economic Policy Institute, a liberal-leaning think tank based in Washington.

  MarketWatch September 13, 2012
• More Bad News For The Middle Class

  For a more detailed examination, see the Economic Policy Institute’s new edition of The State of Working America (pp. 99-106). The authors attribute fully one-third of the one percent’s doubling of U.S. income share since 1979 to the shift from capital to labor. That’s money that used to go to working people.

  The New Republic September 13, 2012
• Incomes drop in 2011, rich and poor divide deepens

  “We got just enough job growth to keep up with population growth, but not enough to start digging us out of the hole left by the Great Recession,” said Heidi Shierholz, an economist at the Economic Policy Institute, a liberal research center.
  McClatchy September 13, 2012
• Stimulus not likely do much, but Fed expected to try anyway

  The recent unemployment rate among 20-to-24-year-olds with bachelor’s degrees was 9 percent. And the Economic Policy Institute found that 19.1 percent of recent college graduates are underemployed — meaning they’ve settled for part-time work or jobs far below those they expected to get with a bachelor’s degrees.

  Chicago Tribune September 13, 2012
• Outlook grim for middle-income workers, report says

  Middle-income workers have endured a “lost decade” of stagnant wages and are teetering on the brink of another, the consequence of both the recent recession and a long series of policy choices that have eroded their leverage in the job market, according to a report.

  In its 12th edition of the “State of Working America,” the Economic Policy Institute, a liberal research organization, points out that inflation-adjusted pay has slipped for most workers — including college graduates — over the past decade.

  With the nation’s unemployment rate at 8.1 percent and projected to remain unusually high for several years, there will be little pressure for employers to increase pay for many workers, the report added.

  The Washington Post September 12, 2012
• The One Percent Is 288 Times Wealthier Than The Median U.S. Household

  The rich are getting even richer as most other Americans fall behind.

  Households in the wealthiest one percent were 288 times richer than the median American household in 2010, possessing an average net worth of $16.4 million. In contrast, the median American household had a net worth of $57,000 in 2010. That’s according to “The State of Working America,” a report released Tuesday by the Economic Policy Institute.

  The Huffington Post September 12, 2012