The critiques echo a June 2025 open letter from Nobel Prize-winning economists Paul Krugman, Joseph Stiglitz, and Simon Johnson. Published by the Economic Policy Institute, the letter argued that the bill’s priorities are misaligned with the country’s actual economic challenges.
“The United States faces significant economic headwinds—challenges that demand increased state capacity, not reduced resources through tax cuts,” the economists wrote. “This legislation fails to meaningfully address any of the nation’s core economic issues and, in fact, makes several of them worse.”
Business Insider
July 8, 2025
“Black unemployment is a notably volatile series given smaller sample sizes so it’s important to watch trends over several months,” Elise Gould, a senior economist at the Economic Policy Institute, said in a note. “That said, the increase in Black unemployment to 6.8% is hard to ignore.”
Bloomberg
July 8, 2025
Features interview with Daniel Costa.
BBC NewsHour
July 8, 2025
The critiques echo a June 2025 open letter from Nobel Prize-winning economists Paul Krugman, Joseph Stiglitz, and Simon Johnson. Published by the Economic Policy Institute, the letter argued that the bill’s priorities are misaligned with the country’s actual economic challenges.
“The United States faces significant economic headwinds—challenges that demand increased state capacity, not reduced resources through tax cuts,” the economists wrote. “This legislation fails to meaningfully address any of the nation’s core economic issues and, in fact, makes several of them worse.”
Business Insider
July 8, 2025
“Black unemployment is a notably volatile series given smaller sample sizes so it’s important to watch trends over several months,” Elise Gould, a senior economist at the Economic Policy Institute, said in a note. “That said, the increase in Black unemployment to 6.8% is hard to ignore.”
Bloomberg
July 8, 2025
Features interview with Daniel Costa.
BBC NewsHour
July 8, 2025
Today, according to the nonpartisan Economic Policy Institute, of the 1.2 million people incarcerated in state and federal prisons, nearly 800,000 are prison laborers, working in the facility itself or in government-run businesses or services like call centers or firefighting. About 3% work for private-sector employers, where they earn very low pay.
Letters from an American (Heather Cox Richardson)
July 7, 2025
According to a report from the Economic Policy Institute, workers lose over $15 billion each year due to minimum wage violations alone — a burden that disproportionately affects immigrant and undocumented workers.
MoneyWise
July 7, 2025
According to the Economic Policy Institute, the median U.S. retirement account balance for workers approaching retirement is a mere $10,000.
New York Observer
July 7, 2025
An Economic Policy Institute report found that roughly half of older workers (aged 50 to 70) have physically demanding jobs, with more than half working in environmentally hazardous conditions. Whether you’re physically taxed by your day-to-day work, a challenging work schedule, or a high-pressure job, it makes sense to want to remove yourself from the situation.
Motley Fool
July 7, 2025