Bryce CovertOvjeren akaunt

@brycecovert

Journalist writing about the economy. Contributor and . Fantasy roller derby name: Ruthless Bader Ginsburg.

Brooklyn, NY, USA
Vrijeme pridruživanja: svibanj 2009.

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  1. proslijedio/la je Tweet

    Tomorrow the House will be voting on the biggest pro-union labor bill to come along in years. It will die in the GOP Senate of course, but there's a huge lobbying push against it anyway because of the marker it sets down for Democrats

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  2. proslijedio/la je Tweet
    prije 5 sati

    You can’t separate “identity politics” from people’s economic situations, exhibit one zillion.

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  3. proslijedio/la je Tweet

    - There is no Trump economic inflection point - The TCJA worked as stimulus, but it was expensive for what we got - The grand theory of TCJA as rocket fuel for business investment: nah - There's no blue-collar economic miracle

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  4. And finally, Trump boasted about providing leave to federal workers and expanding childcare funding. Both of those things were secured by Democrats against many Republicans' wishes. Trump merely signed.

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  5. His plan to expand childcare is a one-time $1 billion investment that requires states to reduce regulation. It's not nearly enough money, nor is regulation creating the problems with our childcare system.

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  6. The "family leave" Trump supported is not paid family leave. It's essentially a loan parents take out from their child tax credit.

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  7. So Trump took some time to talk about paid leave and childcare last night…

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    4. velj

    1.5 million school children are homeless in America. 1.5 million.

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  10. 3. velj

    You may have heard that getting rid of bail in NY has let dangerous people go free. The real story is that innocent people arrested on low-level offenses are able to go home instead of to jail if they’re poor.

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  11. proslijedio/la je Tweet
    3. velj

    Another interesting paper out today: a survey of Medicaid expansion enrollees in Michigan finds the program increased employment (contra some expectations that expanding Medicaid would cause some to stop working).

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  12. 3. velj

    Also that these incentives really don’t make up executives’ minds. They already know where they want to go.

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  13. 3. velj

    A perfect illustration of how giving huge tax breaks to one corporation entices others to seek the same

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  14. proslijedio/la je Tweet
    31. sij

    Labor compensation growth not accelerating. Wage and salary growth steady for over a year. Benefit growth decelerating.

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  15. proslijedio/la je Tweet
    31. sij

    Wage growth isn't picking up in ECI, the compositionally-adjusted wage growth metric. Wages grew at a 3% y-o-y pace in Q4, for the fourth straight quarter

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  16. 31. sij

    It’s also political. Generous Medicaid programs have been found to get people to vote. Stingy ones do the opposite.

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  17. 31. sij

    This is not just about Medicaid spending. This is about painting Medicaid as “welfare” like TANF, not an entitlement like Medicare.

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  18. 31. sij

    The Trump administration is essentially bribing states to slash their Medicaid programs

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  19. 31. sij

    Bernie Sanders wants to end at will employment. It’s a smart way to give workers a bit more power.

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  20. proslijedio/la je Tweet
    30. sij

    for what we’ve spent on a fighter aircraft that does not work we could have had ten years of universal childcare and preschool.

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