Speaking at the World Economic Forum in January, the president proclaimed, “America is back and open for business.” He was confident in that assertion, underpinned by an Economic Policy Institute report that confirms he inherited “the strongest economy for an incoming administration since the George W. Bush administration.”
Forbes
June 16, 2025
As businesses and consumers wait to see what happens, Valerie Wilson, director of the Program on Race, Ethnicity, and the Economy at the Economic Policy Institute told NPQ that “part of the problem is that there is so much chaos and uncertainty associated with Trump’s policies and tariff policy in particular.” This uncertainty makes it harder to maintain a stable economy: “We can’t really get a grasp on where things are headed or what the general direction is, [and that is in] itself, a risk to the economy,” she said.
Nonprofit Quarterly
June 16, 2025
Six Nobel Prize-winning economists issued a public warning about President Donald Trump’s proposed budget bill, calling its priorities harmful to the U.S. economy. In their joint statement made via nonpartisan think tank the Economic Policy Institute, they cited “grave concerns” over how the bill would affect U.S. households.
Their criticism focused on two things: tax cuts for corporations and high earners, and cuts to essential assistance programs. Their concern is that the bill would shift wealth upward while reducing economic stability for everyone else — but should Americans be concerned?
GO Banking Rates (via Yahoo! Finance)
June 16, 2025
According to the Economic Policy Institute, since 2021, 28 states have introduced or passed laws to weaken child labor protections, a trend the organization says is “deeply disturbing.” In 2024, states including Alabama, Florida, and Kentucky passed laws loosening child labor standards. In 2025, some states have continued the trend.
NEA Today
June 16, 2025
On Saturday, Trump is hosting a military parade in our capitol on his birthday costing $45 million at a time when service members, veterans and their families are being harmed by cuts to federal programs and services. Check out the Economic Policy Institute’s report on “100 days, 100 ways Trump has hurt workers.”
Salem Times Register
June 16, 2025
According to the Economic Policy Institute, the average living wage required for a single adult with three children in Alabama is over $78,000 — more than double what Michelle earns.
South Florida Media
June 16, 2025
Adam S Hersh, senior economist at the Economic Policy Institute, agrees it will lead to more negotiations.
“It seems like the two sides have agreed to postpone facing their deeper disagreements,” Hersh said.
Al Jazeera English
June 16, 2025
Sen. Hawley and Sen. Weltch’s bill is not the only one to be introduced that would boost wages for workers with the lowest incomes. The Raise the Wage Act of 2023 was a more generous bill, as it would have increased the federal minimum wage to $17 an hour by 2028, which the Economic Policy Institute estimates would boost incomes for nearly 28 million workers, representing around 19 percent of the U.S. labor force.
El Diario
June 16, 2025
Nina Mast, an analyst with the Washington D.C.-based Economic Policy Institute, told DW that child labor is exploitative or oppressive labor by a minor or “any work that is excessive in the sense that it interferes with a child’s education or health or well-being.”
Deutsche Welle
June 16, 2025