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Trump’s Contempt for Working-Class Expressed in New Expanded Public Charge Rule

5 days ago

  This week the Department of Homeland Security (DHS) officially published regulations that radically expand the definition of an archaic immigration law term, public charge, to include various non-cash benefits that supplement earnings and other income, but are impossible to live on in the absence of other income. The people most impacted include millions of …

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US-China Trade War Shifts Focus to Currency

14 days ago

For the moment, the US trade war with China has shifted focus from stealing US intellectual property back to the value of its currency, with the Trump administration renewing its old charge of manipulation — deliberately devaluing its currency to give its products an advantage in international trade.  Dean Baker has written several recent articles …

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July Update on the State of Independent Federal Agencies

19 days ago

As we have previously highlighted, the federal government’s forty independent federal agencies receive too little attention relative to their importance to our collective safety and prosperity. The Revolving Door Project has worked through multiple channels to shed light on these overlooked agencies and the threats that they face. We hope public education will generate pressure …

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Revolving Door Project Requests Info On Big Tech Regulators

29 days ago

The Revolving Door Project’s mission is to scrutinize the nexus of corporate power and the executive branch. In the United States, two agencies within the executive branch have the power to seek to break up a company: The Federal Trade Commission (FTC), and the Department of Justice’s (DOJ) Antitrust Division. That is why it is …

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Labor Market Policy Research Reports, June 2019

July 10, 2019

CEPR regularly publishes a curated collection of original research from academic institutions and nonprofits on the state of the US labor market. The compilation is part of our ongoing effort to promote informed debate on the most important economic and social issues that affect people’s lives. Center on Budget and Policy Priorities (CBPP) Policy Basics: …

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Private Equity in Higher Education: A Full Ride at Student and Taxpayer Expense?

July 9, 2019

This May, millions of new graduates found themselves torn between triumph and trepidation, as looming obligations to begin repaying student loans tempered celebrations nationwide. Still others had no cause to celebrate, having accrued debt without obtaining their desired degree or certification. Many of those in the latter group attended a for-profit college or university; students …

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June Update on the State of Independent Federal Agencies

July 2, 2019

As we have previously highlighted, the federal government’s forty independent federal agencies receive too little attention relative to their importance to our collective safety and prosperity. The Revolving Door Project has worked through multiple channels to shed light on these overlooked agencies and the threats that they face. We hope public education will generate pressure …

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Hours of Work No Longer Declining and the Climate May Pay the Price

June 26, 2019

As countries develop, they face a choice: cash in on productivity gains as increased income or to enjoy increased leisure. That leisure means not only shorter workdays or a shorter workweek, but also longer vacations, more paid holidays, paid family and medical leave, and other time off. Choosing the latter, reducing annual work hours, is …

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How Well Do Leading 2020 Candidates Understand the Executive Branch?

June 26, 2019

It is one of the many peculiarities of American politics that legislative laundry lists dominate presidential campaigns even though presidents have little power to get these promises enacted. That is not to say that these aspirational assertions do not matter. As a statement of values, they can mobilize support.  But while legislation is subject to …

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The Lazy Father Saga

June 25, 2019

This post originally appeared on University of Massachusetts Amherst’s Care Talk blog. The lazy father is enshrined in popular culture. Google up the term and there he is: Homer Simpson snoring on the couch. Unfair caricature, especially on Fathers’ Day! So, it’s easy to see why a short essay by Robert VerBruggen in defense of …

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What Dads Really Want for Fathers’ Day: Medicare for All

June 13, 2019

The Affordable Care Act (ACA) led to increases in health insurance coverage and reductions in racial and ethnic disparities in coverage. With Fathers’ Day this weekend, it’s a good time to take a closer look at trends in coverage for fathers. In this post, we focus on fathers who report living with one or more …

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Oversight Targets Abound in Betsy Devos’ Education Department

June 11, 2019

Since last fall, the Revolving Door Project has been working to ensure that House Democrats use their newfound majority to perform long overdue oversight that targets the intersection between outsized corporate influence and Trump-era corruption. We have argued that across the breadth of every issue area imaginable, such oversight not only represents good policy but …

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Labor Market Policy Research Reports, May 2019

June 3, 2019

CEPR regularly publishes a curated collection of original research from academic institutions and nonprofits on the state of the US labor market. The compilation is part of our ongoing effort to promote informed debate on the most important economic and social issues that affect people’s lives. The Brookings Institution Growing cities that work for all: …

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May Update on the State of Independent Federal Agencies

June 3, 2019

As we have previously highlighted, the federal government’s forty independent federal agencies receive too little attention relative to their importance to our collective safety and prosperity. The Revolving Door Project has worked through multiple channels to shed light on these overlooked agencies and the threats that they face. We hope public education will generate pressure …

Read More »

Recession or Not, There Will Be pain

May 31, 2019

This was originally posted on the Economic Policy Institute’s Working Economics Blog. If the current economic expansion which began in June 2009 makes it to this July, it will set a record for the longest period of U.S. economic growth—beating the 1991 to 2001 boom. Economic expansions don’t die of old age, however, so what …

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Upward Trend in Wage Inequality among AAPI Workers in the US Continues

May 30, 2019

Asian American and Pacific Islanders (AAPIs) are one of the fastest growing demographic groups in the US workforce. About 9.5 million AAPIs[1] ages 16 or older worked in the United States in 2017 — a dramatic increase from just over one-half of one percent of all US workers in 1960 to 6.1 percent today.[2] AAPI …

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Senator Sanders and Representative Lee Propose to Make Wall Street Pay

May 21, 2019

This week Senator Bernie Sanders and Representative Barbara Lee are introducing bills in the Senate and House for a financial transaction tax (FTT). Their proposed tax is similar to, albeit somewhat higher than, the FTT proposed by Senator Brian Schatz earlier this year. The Sanders-Lee proposal would impose a 0.5 percent tax on stock transactions, …

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The Oversight Options Available to the House Financial Services Committee

May 16, 2019

The financial industry has been the driving force behind some of the most damaging economic trends of our time. In spite of this fact, since the spasm of reform reflected in the Dodd Frank Act, financiers have faced very little scrutiny from lawmakers. Instead of regulating the industry, many governing officials from both parties have …

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Groups Appeal to Federal Reserve Governor Lael Brainard on BB&T-SunTrust Merger

May 13, 2019

On Thursday, May 2nd, the Revolving Door Project, in conjunction with the Demand Progress Education Fund and Color for Change, submitted a comment to the Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve System Board of Governors regarding the proposed merger between Branch Banking and Trust Company (BB&T) and SunTrust Bank. This comment raised …

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A Mother’s Day Letter to America

May 9, 2019

Dear America, A working mother recently wrote to the New York Times asking what really makes for a “family friendly” company. Her workplace experiences were the opposite of the company’s stated commitment to the notion and she wanted to know if her expectations were too high. The reply that followed was not so much a …

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The State of Child Care and Early Education in the US

May 9, 2019

In honor of Mother’s Day, CEPR is publishing a curated selection of original research reports from academic institutions and nonprofits on the current state of child care and early education in the US. The compilation is part of our ongoing effort to promote informed debate on the most important economic and social issues that affect …

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Groups Call for Oversight of BB&T-SunTrust Merger

May 6, 2019

On Thursday, May 2nd, the Revolving Door Project, in conjunction with the Demand Progress Education Fund and Color for Change, submitted a comment to the Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve System Board of Governors regarding the proposed merger between Branch Banking and Trust Company (BB&T) and SunTrust Bank. This comment raised …

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The Social Security Trustees Consistently Agree: The Program is Well-Funded

May 6, 2019

This year’s Social Security and Medicare trustees’ report saw very few changes from last year’s report and showed that the Social Security retirement program’s (OASI) financial situation had improved modestly by some measures. While the report predicts that the Social Security retirement program will be able to pay 77 percent of benefits starting in 2034 …

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April Update on the State of Independent Federal Agencies

May 1, 2019

As we have previously highlighted, the federal government’s forty independent federal agencies receive too little attention relative to their importance to our collective safety and prosperity. The Revolving Door Project has worked to shed light on these overlooked agencies and the threats that they face through multiple channels. We hope public education will generate pressure …

Read More »

Bold Calls to #taxtherich, But Not Enough Talk of Enforcement

April 25, 2019

Earlier this year, Representative Alexandria Ocasio-Cortez made waves when she used her appearance on 60 Minutes to call for a 70 percent marginal tax rate on incomes over $10 million. The mainstream media establishment was further blown away when polls in the following days showed that this radical proposal was wildly popular. To anyone who …

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Labor Market Policy Research Reports, April 2019

April 25, 2019

CEPR regularly publishes a curated collection of original research from academic institutions and nonprofits on the state of the US labor market. The compilation is part of our ongoing effort to promote informed debate on the most important economic and social issues that affect people’s lives. The Brookings Institution Meet the millions of young adults …

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Can Writers Guild Members Rewrite Private Equity’s Greedy Script?

April 19, 2019

It’s widely understood that private equity firms make money for themselves and their investors by loading the companies they buy with debt, selling off assets, and gaming the tax system. But, there is another, less well-known way that private equity enriches itself when it takes over a traditional company. While relations between management and labor …

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