From Economic Policy Institute <[email protected]>
Subject Is $3 trillion too high a price to stop millions from suffering?
Date December 2, 2020 6:14 PM
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** Congress must act now to alleviate the suffering of workers ([link removed])
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** What’s happening
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EPI has been repeating the same message for months, and it's becoming even more urgent as the year comes to an end: Congress must act to alleviate ongoing suffering amidst the pandemic economy. In a new report ([link removed]) , EPI’s Josh Bivens explains why policymakers need to pass roughly $3 trillion in debt-financed fiscal support now.
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Rebuilding the U.S. economy ([link removed])
From EPI’s Josh Bivens ([link removed]) – The too-slow recovery from the Great Recession was driven by a fiscal policy response that was too weak. We should not make the same mistake following the COVID-19 recession. Read more » ([link removed])

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** Principles for the relief and recovery phase of rebuilding the U.S. economy
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[link removed] https%3A%2F%2Fwww.epi.org%2Fpublication%2Fprinciples-for-the-relief-and-recovery-phase-of-rebuilding-the-u-s-economy-use-debt-go-big-and-stay-big-and-be-very-slow-when-turning-off-fiscal-support%2F Tweet ([link removed] https%3A%2F%2Fwww.epi.org%2Fpublication%2Fprinciples-for-the-relief-and-recovery-phase-of-rebuilding-the-u-s-economy-use-debt-go-big-and-stay-big-and-be-very-slow-when-turning-off-fiscal-support%2F)


** What we’re talking about
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EPI’s Valerie Wilson gives keynote at Fed symposium on racism and the economy ([link removed])
From Wilson’s ([link removed]) speech – Why should racial identity—something as arbitrary and superficial as physical appearance (skin color)—be statistically correlated with one’s likelihood of being employed or how much they are paid for their labor? Watch the speech » ([link removed])

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Why pay for so many Americans hasn’t kept up ([link removed])

“Wages have been kept low in the United States because workers have been systematically disempowered,” writes Larry Mishel ([link removed]) , a distinguished fellow at EPI, in his new piece for the International Monetary Fund’s Finance & Development publication Rebuilding Worker Power. Read the article » ([link removed])


** Upcoming webinars
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PREE Workshop: Contemporary Social Issues and the Latinx Experience ([link removed])
Economist Francisca Antman will talk about the diversity of the U.S. Latinx population by nativity, socioeconomic status, and intersections of racial and ethnic identity. Wed., Dec. 2, at 3 pm ET. Register for the webinar » ([link removed])
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Webinar: State AGs and Workers ([link removed]) ’ ([link removed]) Rights ([link removed])
Moderated by EPI Senior Fellow Terri Gerstein ([link removed]) – Panelists will explore the growing role state attorneys general play in protecting workers’ rights. Thurs., Dec. 3, at 4 pm ET. Register for the webinar » ([link removed])

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Book Event ([link removed])
Moderated by EPI EARN Director Naomi Walker ([link removed]) ([link removed]) – “Teachers have found their power and won’t go down without a fight,” proclaims the newly released Strike for the Common Good: Fighting for the Future of Public Education. Join us for a discussion of the book, Tues., Dec. 8, at 4 pm ET. Register for the webinar » ([link removed])
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** What we’re reading
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Reinventing Workers for the Post-Covid Economy ([link removed])
Rob Siminoski has been in the theater, in one way or another, since he graduated from college. But after 10 years at the Universal Studios theme park in California, he is only No. 13 on the stage-managing roster. Read more » ([link removed])

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Some Movies Actually Understand Poverty in America ([link removed])
There’s a scene in Ron Howard’s new “Hillbilly Elegy” that approaches the quiet dignity I wish the rest of the movie had. Read more » ([link removed])

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Is $3 trillion too high a price to stop millions from suffering?
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