Equitable Growth

Non-profit research & grantmaking organization dedicated to advancing evidence-backed ideas & policies that promote strong, stable & broad-based economic growth

[Equitable Growth @equitablegrowth]

1/ Lily Roberts on the #OBBBA's impact, a year later:

"Families, communities, and states will have to shift resources to compensate for federal defunding of social programs, and they are likely to spend less on education and economic investment."

https://t.co/I5PhRzIbpI

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[Equitable Growth @equitablegrowth]

7/ For @MSNBC, @dsmitch28 and @HBoushey point out how the bill "constrains our economy, rather than unleashing its potential."

"Our nation can continue policies that constrain growth, or build an economy in which everyone shares opportunities."

END 🧵

https://t.co/OztD5LGn0g

[Equitable Growth @equitablegrowth]

1/ Lily Roberts on the #OBBBA's impact, a year later:

"Families, communities, and states will have to shift resources to compensate for federal defunding of social programs, and they are likely to spend less on education and economic investment."

https://t.co/I5PhRzIbpI

-A 🧵-

[Equitable Growth @equitablegrowth]

@Jacob_S_Hacker @sullosaurus @nytopinion @robertmanduca 6/ Manduca also showed how these social programs are a major part of economic communities across the country.

"Medicaid contributes roughly as much to metropolitan Detroit as the auto industry, more to Houston than chemical manufacturing."

https://t.co/eVF1uPuMeA

[Equitable Growth @equitablegrowth]

4/ Overall, employment growth since the start of President Trump’s second term has been narrowly concentrated in a handful of sectors—mostly education, health, and hospitality, not the heavy industry deemed most important to U.S. economic security.

#JobsReport

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[Equitable Growth @equitablegrowth]

1/ The U.S. labor market modestly grew again in June, adding jobs mostly in professional services, social assistance, and health care. Leisure and hospitality, a bright spot in recent months, lost 61k jobs. Prime-age employment plummeted in a sign of tepid labor force attachment.

#JobsReport

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[Equitable Growth @equitablegrowth]

3/ The Trump administration threw the future of the USMCA into doubt this week, compounding the trade policy uncertainty dragging down growth. Employment in tariff-impacted industries has been slowly increasing this year, but was flat in June as less-exposed sectors added jobs.

#JobsReport

[Chris Bangert-Drowns @CBDecon]

🧵 Twin decisions from the Supreme Court this week could shake the U.S. economy by eroding confidence in federal policymaking. While SCOTUS rightly blocked the firing of Fed Governor Lisa Cook (for now), its removal of protections for other agency leaders could be disastrous.

[Equitable Growth @equitablegrowth]

@RussellSageFdn @MSUEconomics @RebeccaSJack @UNLincoln @HowardU 4/ Aida Pacheco-Applegate of @UChicago will study effects of preschool expansion and wage grants on early care and education providers in Chicago to demonstrate how public investments affect provider stability, service distribution, and equitable access.

https://t.co/7PbNin83Zr

[Equitable Growth @equitablegrowth]

We’re excited to support four projects from the @RussellSageFdn Dissertation Research Grants program!

DRG supports high-quality dissertation research that addresses questions relevant to RSF’s priority areas.

Read on to learn more about each grantee and their project.

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[Equitable Growth @equitablegrowth]

@RussellSageFdn @MSUEconomics @RebeccaSJack @UNLincoln 3/ Darien Kearney of @HowardU will use longitudinal data from the Panel Study of Income Dynamics (2005–2015) and structural modeling to examine how perceived racial discrimination affects labor market outcomes among Black Americans.

Learn more 🔗: https://t.co/tTB0ZJwzVN

[Foreign Affairs @ForeignAffairs]

“Even if the most extreme fears prove wrong, AI could still upend the livelihoods of millions in ways that would be deeply painful for those affected and destabilizing for American politics,” writes @jleibenluft.
https://t.co/iY36PSW241

[Equitable Growth @equitablegrowth]

Last fall, 600 economists urged President Trump to respect central bank independence and due process in the attempted removal of Federal Reserve Board Governor Lisa Cook.

Several EG network members, including former VP Janelle Jones, signed the letter.

https://t.co/L6BcVKvqIj

[Equitable Growth @equitablegrowth]

Today, SCOTUS upheld a lower court’s order preventing President Trump from removing Federal Reserve Board Governor Lisa Cook without due process, reaffirming longstanding protections for the central bank’s independence.

Read our full response below 🔗:
https://t.co/ko3JTfBV9i