A familiar author (spoiler: EPI's Chief Economist @joshbivens-econ.bsky.social ) writing on the economic effects of rapid federal downsizing in a _must-read_ from @cepr.org: The Economic Consequences of the Second Trump Administration.
Read it here: cepr.org/system/files...
Trump's war has wiped out an entire year and a half of wage growth
cepr.org
Do you have questions about Social Security?
Monique has probably answered them. Check out the Social Security FAQ here.
Ben Zipperer
Economic Policy Institute
Social Security turns 90 this year. Despite its popularity and exemplary record of never having missed a payment---even after the 9/11 terror attacks and Hurricane Katrina---misperceptions persist abo...
Trump's war has wiped out an entire year and a half of wage growth
Ben Zipperer
Watch now as Senior Economist @moniquemorrissey.bsky.social joins the Ways & Means Committee for a press conference following a hearing with the head of the Social Security Administration. 1/2
www.youtube.com/live/iqxkG4H...
UPDATE + we get to celebrate a win:
Yesterday the U.S. House PASSED the Faster Labor Contracts Act, which would make it easier for workers to secure a first union contract without unnecessary delay. 🎉
Economic Policy Institute
Economic Policy Institute
www.epi.org
Update: The U.S. House passed the Faster Labor Contracts Act on June 9. Over the last five years, workers have won unions in several high-profile campaigns, including Amazon workers in Staten Island ...
Year over year real hourly wages continued to fall in May. The CPI grew 4.2% in May, beating out nominal wage growth and leading to a 0.8% fall in real wages. Accelerating price inflation is the real culprit but decelerating nominal wage growth indicates a weakening labor market.
#NumbersDay
This week, we’re revisiting a conversation from our archive that feels newly relevant: wage stagnation was not an accident, and it is not irreversible.
@larrymishel.bsky.social and @joshbivens-econ.bsky.social of @epi.org explain how policy choices have weakened worker power.
🎧 ➡️ bit.ly/4okRhYT
The Economic Cost of DHS Attacks on Immigrants
@epi.org webinar with @chloeneast.bsky.social, me, and Erica Williams
us06web.zoom.us/webinar/regi...
Far too often, employers refuse to bargain in good faith w/ workers when they win a union, significantly delaying a first contract.
Today, the U.S. House could pass the Faster Labor Contracts Act, which would make it easier for workers to secure a first union contract w/o unnecessary delay. 1/4
