No, the culprit isn’t automation or skills or technology. The wage gap reflects a widening power gap. EPI’s latest report explains how it works.
Economic Policy Institute
Posted inTAP
Another Reason for a $15 Minimum Wage—Social Security
Today on TAP: A minimum-wage hike would boost Social Security tax receipts
Posted inTAP
A Tax Hike That Would Play Well at the Polls
Today on TAP: The Tax Excessive CEO Pay Act
Posted inWorking in America
Trump’s War on Workers
From silencing their voices to depressing their incomes to endangering their lives, the president has consistently abused working Americans.
Posted inBooks
When the Politics of Class Turned Upside Down
Fifty years ago, the Republicans began laying claim to the white working class.
Posted inEconomic Policy
‘Find Something New’
The perennial and bogus claims of a skills gap are the Trump administration’s latest alibi for high unemployment.
Posted inCoronavirus
Millions of U.S. Workers Still Unemployed as Enhanced Benefits Set to Expire
The CARES Act added $600 to weekly unemployment checks, but that goes away July 26, and Congress hasn’t moved to extend it.
Posted inEconomic Policy
How the Corona Crisis Liberated Massive Public Spending: A Prospect Roundtable
Five distinguished economists comment on the role of deficits and debts in preventing a depression.
Posted inEconomic Policy
To Tame Public Debt Without Austerity, Reduce Inequality
This is part of our economists roundtable on the corona crisis. Robert Kuttner is right that a growing share of economists is (finally) getting more evidence-minded about the effect of public debt. These economists have seen that the large increase in the ratio of debt to GDP in the past decade failed to boost interest […]