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Economic Policy Institute

To Solve Its Steel Crisis, America Must Stop China

Leo W. Gerard | Posted 09.05.2016 | Business
Leo W. Gerard

China is gorging itself on steelmaking. It is forging so much steel that the entire world doesn't need that much steel.

Earning Less Money Isn't A Choice That Women Just Make

The Huffington Post | Emily Peck | Posted 07.26.2016 | Business

Women don’t choose to make less money than men. But that’s often the criticism leveled when we talk about the gender pay gap, or the fact that wom...

1 Obscene Statistic Helps Explain Why Income Inequality Is So Bad

The Huffington Post | Emily Peck | Posted 07.12.2016 | Business

Chief executives certainly have demanding jobs ― requiring long hours, boorish appearances on CNBC and earnest declarations of their social commitme...

3 Reasons Unpaid Internships Are Seriously Not Worth Your Time

The Huffington Post | Emily Peck | Posted 07.06.2016 | Business

It’s summer and bright-eyed interns are flooding our cities with their fresh Ann Taylor Loft outfits and optimistic life outlooks. This warning perh...

Trump's Racism Makes It Impossible For Him To Get The Working-Class Vote

The Huffington Post | Emily Peck | Posted 06.09.2016 | Business

The American working class is becoming a lot less white, a new analysis reveals -- yet more evidence that the racist underpinnings of Donald Trump's c...

Failure of Korean Trade Deal Voids TPP

Leo W. Gerard | Posted 05.09.2016 | Business
Leo W. Gerard

Just like NAFTA, just like China's entry into the World Trade Organization (WTO), free traders swore that the Korean deal would shower jobs and economic prosperity down on America. It didn't happen. Actually, the exact opposite did.

When a Coin Drops in Asia, Jobs Disappear in Detroit

Leo W. Gerard | Posted 03.07.2016 | Politics
Leo W. Gerard

The Economic Policy Institute found that currency manipulation is the most important cause of America's massive trade deficits with TPP countries. Trade deficits mean products are shipped to the United States rather than made in the United States. The math is simple.

Donald Trump: The Answer to Curses

Leo W. Gerard | Posted 02.01.2016 | Politics
Leo W. Gerard

Donald Trump, a billionaire who opposes raising the minimum wage, now at the poverty level of $7.25 an hour, is holding himself out to working people as the man who will stand as a dam against that torrent.

No One Is Actually Sure If The 'Sharing Economy' Even Exists

The Huffington Post | Shane Ferro | Posted 12.14.2015 | Business

There has been a lot of hype lately about the so-called gig economy. It's huge! It's growing! We're all going to be freelancers soon! But is this actu...

The TPP: Another Deadly Trade Deal

Leo W. Gerard | Posted 11.09.2015 | Politics
Leo W. Gerard

For decades, the regulations for international commerce, for so-called free trade, have lined the pockets of the already wealthy and emptied those of workers thrown out of their jobs.

Waiting for the TPP

David Coates | Posted 11.05.2015 | Politics
David Coates

The emptiness of past promises stands as a stark warning of the likely emptiness of the promises now to come. We know the trade deal that America needs. If the TPP is not do that, it does not deserve our support: and if it does not deserve our support, that support should not be given.

This Is Why We Should Pay Attention To Bernie Sanders On Social Security

The Huffington Post | Emily Peck | Posted 10.15.2015 | Business

Over the past few decades, American companies have turned away from pensions and toward 401(k) accounts to help their workers save for retirement. Tha...

TPP: Foie Gras For Corporations; Dead Rats For Workers

Leo W. Gerard | Posted 10.11.2016 | Politics
Leo W. Gerard

There's no reason for the US to swallow a trade deal filled with rotten rodent terms. American workers know for sure that if the scheme contains any foie gras, it'll be served on silver platters to corporations while workers are force-fed rats. America should withdraw. Congress should reject the TPP.

Black Americans Would Be Hit Hardest By A Government Shutdown

The Huffington Post | Philip Lewis | Posted 10.01.2015 | Politics

A federal government shutdown would disproportionately affect African-Americans, according to an analysis released Wednesday. The progressive Economic...

Disgraced United CEO Jeff Smisek Is the Reason for Income Inequality

Leo W. Gerard | Posted 09.14.2016 | Business
Leo W. Gerard

Smisek's failed leadership at United Airlines illustrates exactly how this CEO self-dealing scheme works to the advantage of wealthy executives and shareholders while damaging workers, communities, customers and corporations.

On Labor Day: Corporations Deploy Anti-Worker Weapon

Leo W. Gerard | Posted 09.06.2016 | Business
Leo W. Gerard

Instead of picnicking, Steelworkers in six states will spend this Labor Day picketing the gates of a dozen Allegheny Technologies Inc. (ATI) specialty mills. These 2,200 Steelworkers are not on strike. They never even took a strike vote to threaten a walkout. ATI locked them out of their jobs.

Worker Productivity Keeps Rising. Pay, Not So Much.

The Huffington Post | Daniel Marans | Posted 09.02.2015 | Politics

American workers’ economic productivity continues to grow much faster than their pay, according to a new study published Wednesday. This divergence,...

China Protects its Workers; America Doesn't Bother

Leo W. Gerard | Posted 08.17.2016 | Business
Leo W. Gerard

Currency manipulation violates free market principals, but for China, doing it makes sense. This potent action by a major economic competitor raises the question of when the United States government is going to stop pretending currency manipulation doesn't exit.

Education for Democracy: "We Have Met the Enemy and They Are Us"

Joel Shatzky | Posted 07.13.2016 | Education
Joel Shatzky

It is not poorly trained teachers, inadequate funding, students from dysfunctional homes, or poorly thought out curricular "initiatives" that have shown to be the most significant element in determining the success or failure of students in their studies: it's the zip codes.

The Foundational Tension That Drives Economic Divisions

Sheri and Allan Rivlin | Posted 06.23.2016 | Politics
Sheri and Allan Rivlin

The inherent tension, buried deep in the foundational structure of our capitalist democracy, is the perpetual tension between one-person-one-vote democracy, and one-dollar-one-vote capitalism.

Jenny Che

Wages For College Grads Are Now Lower Than They Were 15 Years Ago | Jenny Che | Posted 06.02.2015 | Business

College graduates, brace yourselves for some disappointing news. Wages for university grads are 2.5 percent lower than what they were 15 years ago,...

Forced Trade

Leo W. Gerard | Posted 05.24.2016 | Politics
Leo W. Gerard

Senators who voted last week to Fast Track ratification of the Trans-Pacific Partnership (TPP) call it a free trade deal, but really, it’s forced trade imposed on protesting American workers who have endured its damaging effects for decades.

The Wage War's Two Battlegrounds: The Ballot Box and the Board Room

Peter Dreier | Posted 05.20.2016 | Politics
Peter Dreier

One strategy focuses on getting elected officials in local and state governments to adopt minimum wages above the federal level. The other strategy involves putting pressure on major employees -- typically highly visible companies that depend on positive public relations to gain consumers' dollars -- to raise the wages of their employees.

Why 'Free Trade' Treaties Destroy Jobs

Washington Spectator | Posted 05.19.2016 | Politics
Washington Spectator

Recently, the president claimed that critics who say that the Trans-Pacific Partnership (TPP) "is bad for working families ... don't know what they are talking about."

Arthur Delaney

A Lot Fewer Americans Get Unemployment Benefits Than You Think | Arthur Delaney | Posted 03.13.2015 | Politics

WASHINGTON -- The share of unemployed Americans who receive unemployment insurance benefits has dwindled to its lowest point in decades, thanks in par...