Below you'll find a list of all posts that have been tagged as “Economic Policy Institute”
Some of the folks watching the Republican presidential debates were struck by the fact that Donald Trump was apparently unfamiliar with the concept of the nuclear triad: that the United States maintains a nuclear force composed of land based missiles, submarine based missiles, and strategic bombers that can deliver nuclear weapons. This is the sort of basic knowledge of the …
Some of the folks watching the Republican presidential debates were struck by the fact that Donald Trump was apparently unfamiliar with the concept of the nuclear triad: that the United States maintains a nuclear force composed of land based missiles, submarine based missiles, and strategic bombers that can deliver nuclear weapons. This is the sort of basic knowledge of the …
5.1. The official unemployment rate is 5.1 percent, or 8 million people, according to the US Department of Labor. However, this widely reported “official” number overlooks the millions of people unemployed for more than a year nor does it count those who are working part-time and looking for full-time work. The Department of Labor monthly report which includes people working …
We were told we needed to bail out Wall Street in order to save Main Street. Well the results are in… Wall Street has never done better, and Main Street has never done worse. From the Huffington Post: Low-income workers and their families do not earn enough to live in even the least expensive metropolitan American communities, according to a new analysis …
a vicious circle of hypocrisy: Americans dependent on the safety net are urged to “get a job” by the same free-market system that pays them too little to avoid being dependent on the safety net. Theft, Part 1: The Average U.S. Household Pays About $400 for Safety Net Programs for Low-Wage Workers According to the Economic Policy Institute, $45 billion per …
Did you know that 89 percent of all minimum wage workers in the United States are not teens? At this point, the average age of a minimum wage worker in this country is 36, and 56 percent of them are women. Millions upon millions of Americans are working as hard as they can (often that means two or three jobs), …
If you’ve read any economic news lately, you’ve probably been treated to a host of stories touting a “strong” U.S. recovery, really low unemployment, and very little inflation. And, if you’re like most working class Americans, you’ve probably read those stories while shaking your head in disbelief and wondering if the writers are talking about people in another country. Yes, …
The U.S. Census Bureau reported Friday that the January goods and services trade deficit was $41.8 billion in January, down $3.8 billion from $45.6 billion in December (which was revised down a billion). This is a drop of 8.3% from the prior month, which was a two-year high. Both imports and exports fell. Imports of goods and services fell 3.9% to $231.2 …
