With Thanksgiving around the corner, consumer sentiment fell further in November, according to the University of Michigan's consumer sentiment index. Nonresident scholar @nirupama.bsky.social highlights how tariff chaos is also causing a drag on economic growth. 🔗:

"Even if a future presidential administration unwinds the current tariff regime, the shadow of this era will persist as an enduring sense that markets move at the mercy of politics." NEW from @nirupama.bsky.social on changing tariff policies and economic growth:

1/ Today’s #JobsReport data provide a final snapshot of the U.S. economy before the government shutdown, showing unemployment ticking up with labor market participation flat. 119k new jobs were created, compared to a summer average of 70k. - A 🧵 -

Many thanks to @ksabeelrahman.bsky.social for sitting down with me for this thoughtful conversation. I look forward to his discussion on how we reimagine govt. institutions to address economic inequality and drive shared prosperity at our next “EG Presents” event on Dec. 9. More details to come!

In #InConversation, @shaynalstrom.bsky.social chats with @cornelluniversity.bsky.social prof @ksabeelrahman.bsky.social. They discuss: 🔹Organizing to rebuild democracy & administrative agencies 🔹Abundance agenda & its implications for future policy actions & more!

1/ Welcome to #APPAM Day 3! We have a full day, with sessions on public benefits, poverty measurement, job amenities & worker bargaining power, strengthening the U.S. safety net, & much more. Check out this 🧵of where to find #EGgrantee(s) and our network members on this final conference day ⬇️

Artificial intelligence is impacting the U.S. economy in different ways. How can policymakers develop guardrails to protect the American public, particularly workers, from possible harms caused by AI or resulting from its development? NEW column explaining more: equitablegrowth.org/what-impact-...

Our 2nd convening on authoritarian populism & the future of economic policy was a huge success! Thank you to our speakers, attendees and the @equitablegrowth.bsky.social and @columbiaigp.bsky.social teams for your hard work and dedication. It's moments like these that make me hopeful for the future!

1/ Welcome to #APPAM Day 2! We have a full day ahead of us, featuring sessions on the rise of populism and the future of economic policy, social equity, labor supports, effective public service, and more. Check out this 🧵 of where you can find our #EGgrantee(s) and other network members today ⬇️

"Distributional weighting is a tool for overcoming bias against lower-income individuals when assessing the potential impacts of policy changes." New research from Daniel Acland on the feasibility of distributional weighting for federal agencies and nonprofits:

Critics say distributional weighting in benefit-cost analysis is impractical But Dan Acland @goldmanschool.bsky.social proves otherwise—showing how weighting can overcome bias against low income & bridge divide b/w equity & efficiency equitablegrowth.org/research-pap... @equitablegrowth.bsky.social

1/ Welcome to #APPAM Day 1! We have a jam-packed weekend ahead of us, featuring sessions on private foundations and funding, housing policy and racial inequality, economics of early childhood education, paid sick leave & more. See where to find our #EGgrantee(s) & other network members today 🧵

LIVE now 🔴 The Rise of Populism and the Future of Economic Policy With Sheri Berman, Mary Kay Henry, @awhf.bsky.social, Faiz Shakir, @josephestiglitz.bsky.social, @shaynalstrom.bsky.social, and more. @equitablegrowth.bsky.social youtube.com/live/41tsfAq...

🚨Our event “The Rise of Populism and the Future of Economic Policy: How Shared Prosperity Creates a More Durable Democracy” is happening NOW in partnership with @columbiaigp.bsky.social.     📺Want to join the discussion? Tune in from home at our livestream link: www.youtube.com/watch?v=41ts...

What role did economic policy play in generating support for populism, and how can future economic policy better foster support for democracy? Our public discussion will explore those questions. Join the discourse with us & @columbiaigp.bsky.social tonight at 5:30pm: www.youtube.com/watch?v=41ts...

"The system should focus less on how the economy is doing and more on how Americans are doing." Jonathan Cohen & Katherine Cramer in the #EGEssaySeries on why using people-focused indicators matters in accurately reflecting how the economy performs for Americans: equitablegrowth.org/more-accurat...

1/ On October 24, the U.S. Bureau of Labor Statistics released the September Consumer Price Index report. This (usually) monthly report on inflation—initially scheduled for release on October 15—was the sole economic indicator updated by the agency amid the ongoing government shutdown. - A 🧵 -

1/ While SCOTUS hears oral arguments about the legality of Trump's tariffs, workers are feeling the impacts. In 2024, our non-resident scholar @nirupama.bsky.social was asked whether tariffs create jobs. Her answer? "No, they don't." 📺 Watch the full event video for more: youtu.be/vzm0280O7AY?...

"Tariffs are introducing significant input costs for a handful of foundational segments of the U.S. economy, including manufacturing, construction, mining, and repair and maintenance." Chris Bangert-Drowns with new research on how tariffs are impacting industries: equitablegrowth.org/tariff-costs...

new from me ⬇️

1/ SNAP food benefits expired over the weekend for millions, amid the ongoing government shutdown. Below, check out several pieces of evidence-based research from #EGgrantee(s) and network members highlighting the potential short- and long-term economic impacts of SNAP benefits suspension. -A 🧵-

AI is causing a major shift in today’s workplace and raising many concerns. Two new grants from @equitablegrowth.bsky.social will fund #CornellILR research aimed at providing insights to policymakers, union leaders, managers and others who are shaping the future of AI in the workplace.

For the #EGEssaySeries, nonresident scholar @lenorepalladino.bsky.social outlines how public policy has shaped the rise of shareholder primacy, along with the various ways to counter it and empower workers to get involved in corporate decision-making. Read more:

"At the same time the market share of private credit funds grows, government regulations are exposing retirement savings to unregulated financial assets." @lenorepalladino.bsky.social on how unregulated private credit funds can affect U.S. retirement accounts:

Nonresident Scholar Lenore Palladino explains the risks that unregulated private credit funds pose to U.S. financial markets and Americans’ retirement plans in a new @equitablegrowth.bsky.social column out this morning.

For their project, #EGgrantee(s) Louis Preonas and Joshua Linn from @umdarec.bsky.social will "compare the Inflation Reduction Act and tariff approaches by quantifying how each policy affects the new vehicle market and domestic manufacturing activity." More ⬇️ equitablegrowth.org/grants/ira-s...

Today's IRA RFP #EGgrantee spotlight is on ToddGerarden, assistant professor @cornelluniversity.bsky.social. Gerarden will study how different tax credits impact manufacturing activity throughout the U.S. solar photovoltaic supply chain. More about the project: equitablegrowth.org/grants/the-e...

For the #EGEssaySeries, Andrea Louise Campbell from @mit.edu gives an overview of how the federal income-tax system started out as progressive more than 100 years ago but has become less progressive as wealthy Americans bend the system in their favor. Read more: equitablegrowth.org/how-u-s-tax-...

In a new analysis, Chris Bangert-Drowns & Chiara Chanoi measure workers’ exposure to AI and assess how it affects wages. They find AI exposure is higher among people with higher levels of education who work in high-paying jobs, regardless of gender or race. 🔗:

🚨Today, Equitable Growth announces a new cohort of #EGgrantee(s)! Researchers will study the Inflation Reduction Act's electric vehicle subsidies, labor market implications of IRA tax credits, and more! Stay tuned in the coming days to learn about each project: equitablegrowth.org/equitable-gr...

(2/2) Join us on Nov. 10 for a high-profile discussion on potential paths forward for an economic policy agenda that can better support shared prosperity and a durable democracy. The event will be livestreamed for folks outside NYC. You can RSVP here:

Opposition to the qualified small business stock exclusion crosses ideological lines! @kylepomerleau.bsky.social & me on why QSBS-which Republicans just expanded-is inefficient, unfair & should be scrapped, or at least reformed to fix glaring defects. www.taxnotes.com/tax-notes-to... @taxnotes.com

For the latest in the #EGEssaySeries, @gbenga-ajilore.bsky.social discusses why policymakers should build a place-based strategy to spur economic growth in rural America and offers ways to "combat the disconnection rural areas have from the national economy." 🔗: equitablegrowth.org/a-place-base...

"...These emotions of being left behind or worse off than they used to be are not just common, but politically potent, too." In his #EGEssaySeries piece, Justin Gest from @georgemasonu.bsky.social explains nostalgic deprivation and its implications for the U.S. equitablegrowth.org/populist-vot...

1. This would-be #JobsDay, but today Equitable Growth dives deeper into the uses of public labor market data, their value to the economy, and the risks associated with their potential destabilization 🧵 More from @michaelslinden.bsky.social & Chris Bangert-Drowns: equitablegrowth.org/the-status-o...

“The job market had been a source of real strength in the economy but has been slowing down ... It would be very good to know if that slowdown was continuing, accelerating, or reversing.” @michaelslinden.bsky.social on how the shutdown affects key economic data gathering:

"Making reliable data accessible in a timely manner to inform decision-making is foundational for economic growth and equity in the United States." More from #EGgrantee @pnorlander.bsky.social on what users can do to protect and improve federal data collection:

This coming Monday, October 6th, I'm doing a 1 hour event talking about @equitablegrowth.bsky.social's inequality tracker and new gov data on inequality. Anyone can join, come check it out! (registration link in the next skeet)

A report shows Americans are spending down savings and putting more on credit cards lately. @michaelslinden.bsky.social tells @marketplace.org this isn't sustainable: “You can only finance your consumption through credit for so long. Credit is good as a bridge.”

"It's important to understand the U.S. economy is already on a knife's edge — the labor market has softened and inflation has risen. Adding a government shutdown to the mix certainly won't help." @michaelslinden.bsky.social on the potential government stoppage:

On MONDAY the 6th, 2pm EST, join me to talk about @equitablegrowth.bsky.social's inequality tracker. I'll be talking about the data and answering questions. It will be fun! Anyone at all is welcome to join. Link to register in the next post!

For the #EGEssaySeries, @tabouchadi.bsky.social explores the connection between economic concerns and threats to social status, specifically how "changes and risks contribute to a sense of potential loss of routines that provide people with meaning." Read more: equitablegrowth.org/threats-to-s...

Our Director Saba Waheed @sabawa.bsky.social and Senior Research Analyst Brian Justie were chosen as recipients of the 2025 AI RFP grant. 🔍 Thank you to @equitablegrowth.bsky.social for providing the UCLA Labor Center with an opportunity to study this emerging field and further support workers.

Government shutdowns are "always bad for the country, causing disruption in government services and testing economic stability," @michaelslinden.bsky.social told @nytimes.com. However, he believes that this one could be "even worse than in the past." Read more 🔗:

Great to see two EG-affiliated scholars, @markzandi.bsky.social and @michaelslinden.bsky.social, quoted in this recent Marketplace piece. With a weakening job market, strong consumer spending by the top 10% is another clear indication of widening economic inequality.

As state policymakers determine how to meet the needs of their constituents, they should optimize existing support sources to help the lowest-income families meet their needs. Megan Rivera on how TANF funds can help states support children and their economies: equitablegrowth.org/research-pap...

Congratulations to Tom Kochan @mitiwer.bsky.social @mitsloan.bsky.social & Adam Seth Litwin and Ariel Avgar, both of @cornellilr.bsky.social! They have won an @equitablegrowth.bsky.social grant to study the effects of worker input on #AI strategies at @KaiserPermanente: tinyurl.com/mrybem8x

On Monday, October 6th, I'll be doing an event with @equitablegrowth.bsky.social to debut the U.S. Inequality Tracker, give an intro to the data that goes into it, and talk a bit about inequality in the U.S. Anyone can come, please join us!

Building on our #EGEssaySeries and an event earlier this year, we've partnered with @columbiaigp.bsky.social to organize a high-profile discussion on the rise of populism and the future of economic policy. 🗓️ Nov 10 | ⏰ 5:30-7:30pm EST RSVP for the live stream: www.eventbrite.com/e/livestream....

In the newest #InConversation, Sanjay Supan sits down with @howard.edu economics professor Omari Swinton. They discuss research on racial disparities in higher education, racial economic mobility research, the role of HBCUs in economic mobility, and more! More: