The authors of the report also point to 2024 analysis from the liberal think tank Economic Policy Institute, which found that rising corporate profits explained over 40% of the rise in prices between the end of 2019 and mid-2022, when corporate profits generally account for about 11-12% of prices
Common Dreams
April 14, 2025
Josh Bivens, chief economist at the Economic Policy Institute (EPI), emphasizes that American families will ultimately bear the cost.
“It seems unambiguous it’ll raise the price of food at grocery stores,” Bivens said. “Even if they did not do it mechanically, and they will just because we import a lot of produce in this country, there’s also going to be a lot of retaliation from trading partners and that’s going to help push up prices as well.”
Gray TV
April 14, 2025
According to a press release from Kelly’s office, nearly one in four workers in the U.S. currently earns less than $17 per hour. Analysis by the Economic Policy Institute (EPI) estimates that over 22 million workers would see increased wages by 2030 if the legislation is enacted.
KAWC radio
April 14, 2025
According to the Economic Policy Institute, the median retirement savings for Black families in the U.S. is only $29,200, compared to $79,600 for White families (statistics from 2016).
Actuary Magazine
April 14, 2025
According to the Economic Policy Institute, a nonprofit, nonpartisan think tank, universal voucher programs for schools are rapidly expanding across the country. Under these programs, states give parents stipends to either homeschool their children or send them to private schools.
Instead of boosting student achievement in equitable and cost-effective ways, voucher programs generally end up putting bigger, new demands on state and local budgets and increasing the cost of educating students who remain in public school, according to an EPI report.
Parsons Sun (Kansas)
April 14, 2025
The meatpacking industry in Southern states particularly the red states of Georgia, Arkansas, North Carolina, Alabama and Mississippi represents another sector where undocumented workers play a crucial role. These five states constitute the top poultry processing states in the nation by number of workers [6].
[6] https://www.epi.org/blog/meat-and-poultry-worker-demographics/
Las Vegas Sun
April 14, 2025
Adam Hersh, senior economist at the Economic Policy Institute, even described the impending tariffs as “traumatizing” for parents. The institute is another left-leaning nonprofit think tank that researches the impact of economic trends and policies on working people in the U.S.
“It’s going to be hard,” Hersh said, especially since most Americans are “barely hanging on as it is.”
USA Today
April 14, 2025
According to analysis by the Economic Policy Institute (EPI), passing the Raise the Wage Act of 2025 would provide raises to over 22 million workers across the country by 2030.
Vermont Business Magazine
April 14, 2025
In addition to the $900 million that the state paid out to support the voucher program in 2024, far surpassing the $64 million estimate from the state’s budget committee, Economic Policy Institute economist Hilary Wething told Salon there was another indirect cost plaguing public school students.
“It’s the cost to public schools from students who were previously attending public school and then take up the voucher and leave and go to private school,” Wething said. “The cost of providing that same level of education to the remaining students in public school is this second indirect cost of vouchers.”
Certain school expenses – physical real estate, equipment, desks, even some staff – are difficult or impossible to scale back on a year-to-year basis, so planning ahead requires accurate headcounts of students for years into the future. However, voucher programs have made estimating enrollment more difficult.
Salon
April 14, 2025
The average percentage of family income spent on child care in Minnesota is 18.8%, according to the Economic Policy Institute . EPI data as of February 2025 identified Minnesota child care — reportedly averaging $22,569 per year — as the third most expensive in the United States. Massachusetts child care averages $26,709 per year, and Washington D.C., child care is estimated at $28,356 annually, according to EPI.
Cloquet Pine Journal (Minnesota)
April 14, 2025