Press / Economy

Press

By / 6.5.2017

With Trump’s proposal to gut federal food assistance by $192 billion — much of which would come out of the shopping carts of the working class — the president is once again proving his willingness to shaft those who supported him most. Contrary to the racially-tinged stereotype that Americans who rely upon the Supplemental Nutrition […]

By / 5.23.2017

When Congress passed the Dodd-Frank Act, it included a requirement that U.S. companies annually report the ratio between their CEO and median worker pay. This modest provision takes effect this year, but it’s unlikely to reverse America’s widening pay gap.​ In fact, if President Trump has his way on tax reform, the earnings gap will […]

By / 5.15.2017

The problem today is too little technology. Physical industries haven’t kept up. Some anxious forecasters project that robotics, automation and artificial intelligence will soon devastate the job market. Yet others predict a productivity fizzle. The Congressional Budget Office, for instance, expects labor productivity to grow at the snail’s pace of 1.3% a year over the […]

By / 5.1.2017

“After I got divorced in 1999, I had custody of my kids, but I went out of my way to drop them at their mother’s house over the weekends,” said a 47-year-old African American man in Baltimore. He lost his job during the 2008 recession and was out of work for two years. After finding […]

Good news: The robots may not destroy us after all. A few weeks ago, I wrote a column that outlined the worries of big thinkers such as Stephen Hawking and Andrew Yang who are predicting a wave of job destruction caused by automation, robots and artificial intelligence. Michael Mandel begs to differ. Mandel is chief […]

By / 4.4.2017

Think back to the first half of the 20th century, when superstar companies of the likes of Ford, General Motors, General Electric, DuPont and Bethlehem Steel literally grew from nothing to employ hundreds of thousands of workers. These innovative market leaders, notably feted by business historians such as Alfred Chandler, pioneered new products and production […]

By / 3.30.2017

PPI Chief Economic Strategist Michael Mandel was quoted in USA TODAY regarding his recent report, “How the Startup Economy is Spreading Across the Country” on start-ups and entrepreneurial growth across the country: “I was surprised by cities in the Midwest that made the list,” says Michael Mandel of PPI, who conducted the study. E-commerce contributed […]

A growing number of startups are being created across the country — and they’re cropping up outside of the top innovation hub cities. That’s according to new data released today by TechNet and the Progressive Policy Institute. Why it matters: Political and economic dynamics are forcing companies and investors to pay more attention to business […]

By / 1.13.2017

WASHINGTON— The Progressive Policy Institute (PPI) today released a new study, “A Historical Perspective on Tech Jobs,” authored by PPI Chief Economic Strategist Michael Mandel comparing job creation performance among tech companies in the United States to employment leaders of the past. The study finds that today’s big tech companies are following a similar or better employment trajectory […]

By and / 9.7.2016

Anti-trade populists are hell-bent on locking Democrats into a future of rigid opposition to trade deals like the Trans-Pacific Partnership. They recently failed in efforts to include a plank in the Democratic Party Platform that would have committed Democrats to the decidedly undemocratic principle of never, ever agreeing even to bring TPP to a vote—either […]