But even as it gained cachet among this emerging class of centrist-minded visionaries, the third way drew skeptical appraisals from detractors both left and right, who justly assailed its ambiguity and lack of substance. The Economist derisively stated in 1998, “Trying to pin down an exact meaning is like wrestling an inflatable man. If you get a grip on one limb, all the hot air rushes to another.” Jeff Faux of the Economic Policy Institute likewise noted that while “Clinton and Blair are two of the most articulate politicians of the age…their definitions of the third way leave the observer without a clue as to what it means.”
The Nation
December 16, 2022
Unions can barely keep themselves afloat, much less fund extensive advocacy outside their core functions. The Economic Policy Institute, long the most influential union-aligned think tank in the US, took only 14 percent of its funding from unions in 2021.
VOX
December 16, 2022
Some data argues teachers should be looking to remain in unions. An August paper published by the Economic Policy Institute (EPI) says that as teachers’ stress levels rose due to the COVID-19 pandemic, the comfort of their unions were the best resource to alleviate them.
KATV
December 9, 2022
More than 90% of domestic workers are women, and about a third are foreign born, according to a recent report from the the Economic Policy Institute. In fact, domestic workers are “twice as likely” as other U.S. employees to come from another country, the EPI notes. Of the 2.2 million, the vast majority work as home health care aides. And more will be needed in the cities that will age the most by 2060.
24/7 Wall St.
December 9, 2022
Plus, hefty medical bills may be just the beginning, says Josh Bivens, director of research at the Economic Policy Institute.
“The poverty rate of people with disabilities is about two-and-a-half times as high as for others, and the share of those with disabilities who have medical debt is about five times as large as for others,” he tells CNBC Make It.
“There’s tons of uncertainty about the long-term health implications of Covid-19, but even a tiny bit of long-term illness/disability risk associated with Covid-19 will have big economic costs,” Bivens adds.
CNBC
December 9, 2022
A report last year by the Economic Policy Institute, a liberal think tank, estimated that the transition to electric vehicles could cost at least 75,000 U.S. auto industry jobs by 2030 if the government did not provide additional subsidies for domestic production, but could create 150,000 jobs if those subsidies were forthcoming.
…
Josh Bivens, an author of the Economic Policy Institute report, said in an interview that he was pleasantly surprised that the administration managed to pass strong incentives for domestic production of electric vehicles. But whether the incentives will lead to good jobs, he added, is an open question.
“There’s no real explicit subsidy or incentive to make these unionized or even high-wage,” Mr. Bivens said.
The New York Times
December 9, 2022
Trevor Noah cites EPI research showing that wage theft robs workers of $15 billion per year—more than car thefts, burglaries, and other larcenies combined.
The Daily Show
December 9, 2022
The debt ceiling limits how much the federal government can borrow to make those payments — which makes no economic sense, according to the Economic Policy Institute.
The Hill
December 9, 2022
If workers become more scarce, it “would give the workers that are in the labor market more bargaining power,” Elise Gould, a senior economist at the Economic Policy Institute, a left-leaning think tank, told Insider, “because they’ll have other outside options and employers won’t have as many outside options to find workers to replace them.”
Business Insider
December 9, 2022