FOR IMMEDIATE RELEASE: March 6, 2018 CONTACT: Alexander Tucciarone, atucciarone@rooseveltinstitute.org, 516-263-9775   STATEMENT: Roosevelt Institute Senior Economist Applauds ‘The Worker Dividend Act’ Introduced by Senator Cory A. Booker Measure would require companies to provide a commensurate benefit for employees when CEOs, shareholders benefit from stock buybacks   NEW YORK, NY — Earlier today, Senator Cory

In the six weeks since the passage of the GOP tax plan, officially known as the Tax Cuts and Jobs Act, businesses have been lauded for announcements of wages and bonuses. Yet it’s corporate stock buybacks—the practice of companies spending their cash on buying back their own shares in order to raise share prices overall—that

On Tuesday night, President Trump spent a good portion of his first State of the Union address boasting about the economy. He talked about the stock market, which is on an unprecedented nine-year run; he talked about low unemployment, which sits near a historic low; and he talked about wages, which are starting to rise

FOR IMMEDIATE RELEASE: January 31, 2018                                                                                  Contact: Alexander Tucciarone, atucciarone@rooseveltinstitute.org, 516-263-9775   Roosevelt Institute Responds to President Trump’s First State of the Union Address Leading Progressive Think Tank Reflects on Trump’s Year in Office, What the Country Needs Moving Forward   New York, NY — Following President Trump’s first State of the Union address,

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Donald Trump misses no opportunity to boast about the strength of the U.S. economy in his first year in office. And it’s true: There has been some good news recently. Business investment spending is rising again, after years of stagnation. Unemployment is down, and the share of the population with jobs has gone up—which shows

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During last night’s State of the Union address, President Trump heralded a set of economic indicators—including the unemployment rate—to suggest that his policies are resulting in an improving economic landscape for working Americans. Unfortunately, the narrative Trump wove obscures the reality of our current economy for most Americans: jobs remain unstable and unavailable for many,

On Wednesday a handful of U.S.-based corporations, with AT&T leading the way, announced that, in light of the recently passed tax bill, they will be giving their employees a one-time bonus. Before anyone else begins claiming that this tax bill is going to spur business investment and favor the working class, let’s remember a few

This week, the Senate Judiciary Committee is holding a hearing about the consumer welfare standard to determine whether it is outdated or remains the worthwhile core principle of antitrust enforcement. The hearing comes amid widespread questioning about antitrust’s effectiveness in recent decades. As the debate over the AT&T-Time Warner merger rages, this hearing is particularly timely.

The recent deal reached between Senate Banking Committee Chairman Mike Crapo (R-ID) and nine Senate Democrats, which the Senate Banking Committee approved earlier this week, is bad policy—and even worse politics. Americans understand they are being taken advantage of by the banks they depend on, and they fear that Wall Street lobbyists are rigging the

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FOR IMMEDIATE RELEASE: December 4, 2017 Contact: Alexander Tucciarone, atucciarone@rooseveltinstitute.org, 516-263- 9775   Roosevelt Institute Calls on Federal Reserve to Take on Greater Role in Managing the Financial System Leading Progressive Think Tank Builds On Earlier Case for More Expansionary Policy to Propose Expanded Monetary Policy Toolkit New York, NY — Despite record corporate profits

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