Sign in

Roosevelt Institute

@rooseveltinstitute.org
17K followers 1.1K following 2.7K posts

Advancing ideas that rebalance power in our economy and democracy. www.rooseveltinstitute.org

PostsRepliesMedia
Roosevelt Institute @rooseveltinstitute.org · 2h
News: At a @nycpolicyforum.bsky.social event, DCWP Commissioner @saalevine.bsky.social announces the city’s intent to protect working New Yorkers from the threat of AI to their economic security. “As technology reshapes our economy, workers need to be front and center at the decision-making table.”
142
Roosevelt Institute @rooseveltinstitute.org · 5h
Meta tells investors its AI is a tremendous success. It tells the IRS its data centers are an experiment that could fail. Why? Only experiments qualify for this tax break. Meta is exploiting it, labeling its proven chips "research" to get a $4B tax break.
nytimes.com
How Meta Uses A.I. Data Centers to Avoid Billions in Federal Taxes
Meta is exploiting a lucrative tax break intended to support research and experimentation. Its own accountants say the gambit is risky.
1209
Roosevelt Institute @rooseveltinstitute.org · 8h
New @wsj.com polling shows broad support for proactive government action to lower health and child care costs, take on corporate price-gouging, and ask more of the wealthiest earners to fund programs for the working majority. The days of rampant neoliberalism are over. www.wsj.com/politics/pol...
Bar chart displaying approval of various policies to aid Americans with cost of living and tax laws. Leading with 90% approval is banning surprise medical bills, followed by requiring health insurance companies to report reasons for denying claims at 87%. Capping prices of drugs negotiated by Medicare shows 87% support, and government negotiation of drug prices is at 84%. Raising taxes on large, profitable companies is favored by 76%. The least supported policy, reducing Social Security benefits if Congress can't agree, has 23% approval. Data source: Wall Street Journal poll, September 2026.
24013
Roosevelt Institute @rooseveltinstitute.org · 29/09/2026
AI evangelists often frame AI as a productivity revolution. But as Fed Governor Lisa Cook warns, the buildout could raise inflation in the near term. AI policy is economic policy. The choices policymakers make now will shape how AI investment is structured and whether its benefits are shared.
axios.com
Fed's Cook warns AI's inflationary pressure to continue in the near-term
Cook anticipates that productivity gains will provide modest disinflation within the next few years.
1147
Roosevelt Institute @rooseveltinstitute.org · 29/09/2026
There’s a popular narrative that young men are struggling most in this job market. But @mikemadowitz.bsky.social found something else. Young men are actually adding jobs; it’s men 35–64 and young women who are losing ground. The data isn’t great for anyone, but there’s no neat age or gender story:
rooseveltinstitute.org
Young Men Are Not the Ones Struggling in the Post-2024 Job Market
The conventional story says young men are being left behind. But employment data tell a more complicated story: older men and young women have seen some of the largest declines since early 2025.
044
Roosevelt Institute @rooseveltinstitute.org · 29/09/2026
Ballot measures are supposed to be democracy at its most direct. In California, $200M+ has been raised around the billionaire tax, the vast majority of which is to defeat it. Whatever your take on Prop 40, that should prove just how broken our political system is.
latimes.com
More than $200 million spent fighting and supporting billionaire tax measure, and more to come
Donors pour more than $200 million into supporting and opposing the billionaire tax measures on the ballot, with more to come in the weeks before the Nov. 3 election.
1187
Reposted by Roosevelt Institute
Lena Bilik @lbilik.bsky.social · 28/09/2026
The Atlantic ran an article this morning critiquing the growing fight for universal childcare. There is plenty here I disagree with, but we can save some of that for another time...For now, I want to focus on one thing missing: a real conversation about paid parental leave. 🧵
theatlantic.com
The Problem With Democrats' Favorite Policy Proposal
Universal child care appeals to the party's cosmopolitan base—but not to most of the country.
1155
Roosevelt Institute @rooseveltinstitute.org · 28/09/2026
Washington has largely left AI to self-regulation, so what can a city do? New Yorkers can find out in two days, when @hellodcwp.bsky.social Commissioner @saalevine.bsky.social will speak with @ambakak.bsky.social about how NYC can protect workers and consumers from the excesses of AI. RSVP now!
eventbrite.com
Governing AI for Workers and Consumers: NYC's Public Approach
Dive into what NYC can do to advance affordability for working families during the rise of AI and corporate consolidation.
173
Roosevelt Institute @rooseveltinstitute.org · 28/09/2026
Two-thirds of real income growth in NYC has gone to the top 1% since 2019. In @nydailynews.com, Noa Rosinplotz shows why policymakers shouldn’t fear taxing the rich. “Instead, they should focus on raising the tax revenue we need to invest in affordability for everyone else.”
nydailynews.com
NYC doesn’t need to fear taxing the rich
While some New Yorkers see their fortunes rise, most aren’t getting a cut, as the cost of food, rent, and other necessities climbs faster than their salaries can keep up. City Comptroller Mark Levine ...
12913
Roosevelt Institute @rooseveltinstitute.org · 26/09/2026
“Combating oligarchy requires transformational reform, not tweaks—and self-regulation cannot replace real democratic oversight of and accountability for corporations.” That lesson held true this week for the media, AI, and prediction market industries. Catch up on our research from this week:
rooseveltinstitute.org
The Art of Evading Regulation - Roosevelt Institute
Media concentration. AI self-regulation. Prediction-market loopholes. This week’s Roosevelt Rundown shows why democratic oversight matters
0196
Roosevelt Institute @rooseveltinstitute.org · 25/09/2026
When people can wager on whether major banks will fail, prediction markets start looking less like information tools and more like a new source of financial risk. 👇
081
Roosevelt Institute @rooseveltinstitute.org · 25/09/2026
New from @kedseconomist.com: the standard Social Security story blames an aging population for the program's problems and treats benefit cuts as inevitable. But her research shows otherwise: the real damage has come from decades of economic mismanagement we chose not to fix.
kedits.com
Predicting the Future
On behalf of Social Security, of course
12222
Roosevelt Institute @rooseveltinstitute.org · 25/09/2026
The Iran war is making an already brutal housing market more expensive. As energy costs and Treasury yields rise, mortgage rates hit 7.03% this week. For a family trying to buy a home, that can mean hundreds more each month on the same house, or being priced out of it altogether.
nytimes.com
Mortgage Rates Hit 7% as Iran War Fallout Crushes a Weak Housing Market
The average rate on a 30-year mortgage in the United States jumped to 7.03 percent, putting pressure on housing affordability.
142
Roosevelt Institute @rooseveltinstitute.org · 25/09/2026
Join us on 10/15 for a conversation with Professor Paul Osterman to discuss his new book Disposable Workers, alongside @mikemadowitz.bsky.social. Drawing on a survey of 6,000 workers, Osterman traces how employers redefined jobs to cut costs, and what it will take to reverse it. RSVP ⬇️
rooseveltinstitute.org
Roosevelt Institute Book Club: Disposable Workers with Paul Osterman
Join Paul Osterman and Roosevelt Institute economist Michael Madowitz for a conversation on how employment has changed, why more workers face insecurity and fewer benefits, and what policies could str...
084
Reposted by Roosevelt Institute
Lena Bilik @lbilik.bsky.social · 24/09/2026
My latest brief on what a national universal childcare policy proposal should learn from the states leading the way on childcare!
063
Reposted by Roosevelt Institute
graham steele @grahamsteele.bsky.social · 23/09/2026
For @rooseveltinstitute.org, I wrote about the idea of AI industry self-regulation. I argue that regulation is fundamentally about power—who has it, how they use it, and who benefits from it. That means the public must be the ultimate decision-maker about the present and the future path of AI.
3247
Roosevelt Institute @rooseveltinstitute.org · 24/09/2026
Billionaire ownership of major news outlets is already a problem. Now Paramount is reportedly considering bringing Elon Musk into the ownership group of the company that will control CNN and CBS. The people with the most money cannot be allowed total control over the information Americans rely on.
semafor.com
Exclusive: Paramount weighs tapping Musk for equity investment
A cash injection from SpaceX billionaire Elon Musk could reduce investor Larry Ellison’s financial burden and bolster the deal’s investor base.
12114
Reposted by Roosevelt Institute
Brad Lipton @bradlipton.bsky.social · 24/09/2026
The key point is that this is why it matters whether prediction markets have to comply with state law.
rooseveltinstitute.org
How the Federal Rules for Prediction Markets Fall Short of State-Level Gambling Laws
Prediction markets increasingly resemble gambling but operate under far fewer protections. Brad Lipton explains what federal rules leave out and why state gambling laws offer a stronger baseline.
274
Roosevelt Institute @rooseveltinstitute.org · 24/09/2026
The US ranks 40th out of 41 comparably wealthy nations on accessible, affordable, quality childcare. But even with the federal government stalled, some states have been showing what's possible. Our new brief from @lbilik.bsky.social looks at what a national system should learn from them:
rooseveltinstitute.org
Where States Are Innovating on Childcare: Lessons for a National Universal Childcare Policy - Roosevelt Institute
States are expanding public childcare through broader subsidies, investments in the childcare workforce, coordinated governance, capital funding, and community engagement. This brief examines Connecti...
1187
Roosevelt Institute @rooseveltinstitute.org · 23/09/2026
The bill for OBBBA is coming due, more than a year later. Millions have lost SNAP and Medicaid coverage. Families are turning to food pantries. One New Yorker watched her health premium rise from $0 to $850 a month. The tax cuts, meanwhile, went where they always go.
nytimes.com
One Big Beautiful Bill Is Starting to Bite Before the Election
The tax cuts in President Trump’s signature achievement were the Republicans’ answer to voters’ economic struggles, but its health care and food assistance cuts are taking a toll.
11915
Roosevelt Institute @rooseveltinstitute.org · 23/09/2026
New from @grahamsteele.bsky.social: DC’s leading idea for AI oversight is a self-regulatory org modeled on FINRA. But finance's track record—see: credit ratings agencies, paid by the banks they rated—shows self-regulation invites capture. It can play a narrow role, but can't replace real oversight:
rooseveltinstitute.org
Financial Crises Teach Us That AI Self-Regulation Must Not Replace a Broader Regulatory Framework - Roosevelt Institute
Graham Steele looks to lessons from financial regulation to examine whether self-regulatory organizations can help govern AI—and where democratic oversight must take the lead.
1105
Roosevelt Institute @rooseveltinstitute.org · 22/09/2026
AI companies can’t be left to govern themselves. The technology is too consequential, and the decisions about its rules shouldn’t be left to the people who stand to profit from it. Government’s job is to protect the public interest, especially when it conflicts with private interests.
nytimes.com
Opinion | Humanity Has Avoided Apocalypse Before. Let’s Do It Again.
It is up to all of us, through our government, to shape what A.I. becomes.
1133
Roosevelt Institute @rooseveltinstitute.org · 22/09/2026
Six Nobel laureate economists, including our chief economist @josephestiglitz.bsky.social and senior fellow @pkrugman.bsky.social, are backing California’s billionaire tax. They argue a vote in the state with more billionaires than any other could help kick-start wealth taxes nationwide.
ft.com
Nobel economists throw support behind California billionaire tax
Progressive laureates say November ballot measure could ‘start reining in the power’ of ultra-wealthy
13418
Roosevelt Institute @rooseveltinstitute.org · 22/09/2026
A labor standard is only as strong as its enforcement. In NYC, @mayor.nyc.gov and @hellodcwp.bsky.social just secured $115M for delivery workers through the largest labor enforcement action in city history.
documentedny.com
Mamdani Delivers Largest Labor Enforcement Action in City's History
DoorDash agreed to a $131.5 million settlement with the city for failing to pay workers' wages.
1219
Roosevelt Institute @rooseveltinstitute.org · 22/09/2026
NEW: Prediction markets are exploding, and a growing legal fight is over a basic question: Are they gambling, or financial products? In a new explainer, @bradlipton.bsky.social shows how the push to put prediction markets under federal financial rules leaves major gaps in consumer protections. 🧵
rooseveltinstitute.org
How the Federal Rules for Prediction Markets Fall Short of State-Level Gambling Laws
Prediction markets increasingly resemble gambling but operate under far fewer protections. Brad Lipton explains what federal rules leave out and why state gambling laws offer a stronger baseline.
3106
Roosevelt Institute @rooseveltinstitute.org · 21/09/2026
Paramount just reached a settlement with the states challenging its Warner Bros. merger, clearing the way for a deal that will further concentrate power over Hollywood and media. One headline concession is an “independent editorial board” for CNN. But we should be skeptical of that remedy. 🧵
bloomberg.com
Paramount to Settle Lawsuits, Paving Way for Warner Bros. Merger
Paramount Skydance Corp. has reached a settlement with California and other states suing to block its proposed acquisition of Warner Bros. Discovery Inc., according to a person familiar with the matte...
1113
Roosevelt Institute @rooseveltinstitute.org · 21/09/2026
“Markets are servants, not masters.” Worth reading @nickhanauer.bsky.social’s new op-ed in @wsj.com on building a pro-market economics that delivers broad-based prosperity, and what today’s economic thinking can learn from FDR’s visionary thinking during the New Deal.
wsj.com
Essay | America Made Me Very Rich. There’s a Pro-Market Way to Give Back.
To defend markets from radicals on the left and the right, it’s time to arm ourselves with a new economics.
0174
Roosevelt Institute @rooseveltinstitute.org · 21/09/2026
How can NYC protect workers and consumers as AI reshapes the economy? Join us, @cplusc.bsky.social, and @nycpolicyforum.bsky.social on Sept. 30, 3:30–5 PM at CUNY Law with @hellodcwp.bsky.social Commissioner @saalevine.bsky.social and journalist @edwardongwesojr.com! Reserve your seat below ⬇️
eventbrite.com
Governing AI for Workers and Consumers: NYC's Public Approach
Dive into what NYC can do to advance affordability for working families during the rise of AI and corporate consolidation.
054
Roosevelt Institute @rooseveltinstitute.org · 18/09/2026
We’re not going to solve the childcare crisis by asking families to pay more or providers to stretch thin budgets even further. We need a public option that expands the supply of care and makes the system work better for families and workers. Our partners @economicsecurityproject.org make the case:
economicsecurityproject.org
A Space for All: The Case for a Childcare Public Option - Economic Security Project
Executive Summary Childcare is a critical public need, but the market meant to provide it is broken. The United States is the only economically advanced nation that doesn’t recognize childcare as a pu...
1126
Roosevelt Institute @rooseveltinstitute.org · 18/09/2026
Fed Vice Chair Michelle Bowman says the Fed’s “culture of risk aversion,” and NOT the first Trump administration’s deregulation of banks like SVB, was responsible for its collapse. We explained at the time exactly how that regulatory rollback enabled one of the largest bank failures in US history:
rooseveltinstitute.org
How 2018 Regulatory Rollbacks Set the Stage for the Silicon Valley Bank Collapse, and How to Change Course - Roosevelt Institute
In his new post, Roosevelt Fellow Todd Phillips explores the recent failure of Silicon Valley Bank and discusses what Congress can do to mitigate the risks of future bank failures.
0125
Roosevelt Institute @rooseveltinstitute.org · 18/09/2026
The SEC has opened the door to around-the-clock trading of tokenized stocks, putting shares on blockchain-based markets beyond traditional market hours. That could spell more volatility and more opportunities for financial firms to extract value from investors.
cnbc.com
SEC clears path for tokenized stocks, bringing the market closer to 24/7 trading
The long awaited Innovation Exemption comes two days after the Senate voted to block the Clarity Act crypto market structure bill from advancing.
396
Roosevelt Institute @rooseveltinstitute.org · 18/09/2026
“We don’t need to settle the debate over exactly how dangerous AI is, or prove our regulators are fully up to the task, before acting.” — @elizabethwwilkins.bsky.social on why AI self-regulation is not an option. That and more in this week’s Roosevelt Rundown:
rooseveltinstitute.org
No, AI Companies Shouldn’t Regulate Themselves - Roosevelt Institute
AI companies shouldn’t get to decide for themselves what risks the public must accept. Plus: why the US needs more tax brackets, Social Security reform, and the latest from Roosevelt.
075
Roosevelt Institute @rooseveltinstitute.org · 17/09/2026
Important thread on a new financialization threat from our @bradlipton.bsky.social ⬇️
0113
Roosevelt Institute @rooseveltinstitute.org · 17/09/2026
Eleanor Roosevelt brought working Americans’ struggles into the White House, then carried that firsthand understanding to the world stage at the United Nations. In @hillaryclinton.bsky.social's new @inpursuitusa.bsky.social essay, a look at the courage that shaped her extraordinary public life:
inpursuit.substack.com
Eleanor Roosevelt by Hillary Rodham Clinton
“Courage is more exhilarating than fear and in the long run it is easier”
2145
Roosevelt Institute @rooseveltinstitute.org · 17/09/2026
The Fed is entering a new era under Kevin Warsh. But its job hasn’t changed. Price stability matters. So does maximum employment. As the Fed responds to persistent inflation, it should still have two goals: stable prices and maximum employment.
npr.org
Does the new Fed chair care about jobs? : The Indicator from Planet Money
Last month, new Fed Chair Kevin Warsh presided over his first interest rate decision and press conference … but he didn't talk much about maximum employment. How much does Kevin Warsh care about the j...
141
Roosevelt Institute @rooseveltinstitute.org · 16/09/2026
The decision is in: The Fed raised interest rates by 0.25%, its first hike in three years. So what comes next? Our Principal Economist @mikemadowitz.bsky.social on why this likely isn’t the Fed’s last hike, and how higher rates could ripple through the economy.
Mike Madowitz, Roosevelt Institute:

"This is unlikely to be the end of Fed rate hikes. Now that we’ve locked in tax cuts for $2 trillion a year in borrowing, and AI labs aren’t backing off because of another 0.25% in interest costs, rate hikes are going to eventually slow inflation because we’ll build fewer houses, invest less in factories, and sell fewer cars."
293
Roosevelt Institute @rooseveltinstitute.org · 16/09/2026
“The United States is in the throes of the largest tax revolt in a generation, and the revolutionaries are winning.” Across the country, taxpayers are pushing to cut property taxes. In @theatlantic.com, @annielowrey.bsky.social asks what happens to the public services those taxes fund?
theatlantic.com
The Property-Tax Revolution
States can’t afford these cuts.
264
Roosevelt Institute @rooseveltinstitute.org · 16/09/2026
The Fed is widely expected to raise interest rates this afternoon for the first time in three years. In the lead-up, our Principal Economist @mikemadowitz.bsky.social explains why a hike makes sense today, and equally, why treating inflation in the long-run will require more targeted policy tools.
Mike Madowitz, principal economist at the Roosevelt Institute:

Ironically, the dovish July inflation prints probably put more pressure on the FOMC to hike rates this meeting. Broad-based inflation, upward revisions to PPI and surging bond rates all point to a Fed that risks falling behind the curve and letting inflation become entrenched. It’s hard to see a lot of good options for the Fed in this environment; tighter policy is the clear answer today, but falling real wages are a clear sign this is borrowing-driven, not labor market-driven inflation. We’d be better off using more surgical policy tools than the interest rate sledgehammer to address these imbalances.
393
Roosevelt Institute @rooseveltinstitute.org · 15/09/2026
“Optimism is the rare resource that grows as you dispense it.” @kenlburns.bsky.social and Geoffrey Ward explore how FDR restored Americans’ faith in our economy and democracy amid the depths of the Great Depression. Read via @inpursuitusa.bsky.social: inpursuit.substack.com/p/franklin-d...
093
Reposted by Roosevelt Institute
Mike Madowitz @mikemadowitz.bsky.social · 15/09/2026
There's still time to register for the @rooseveltinstitute.org #HotTaxFall event tomorrow! FT Tax Wonks: @bdgesq.bsky.social @samarthgupta.bsky.social @natekelly.bsky.social And other wonks: @elizabethwwilkins.bsky.social @suzmkahn.bsky.social
events.zoom.us
Whose Code Is It Anyway? Tax Reform as Democracy Reform
064
Roosevelt Institute @rooseveltinstitute.org · 15/09/2026
Corporate tax cuts in the OBBBA were sold in part as a way to make American companies more competitive. Now, down $96 billion in corporate tax payments, it’s increasingly obvious we’re subsidizing an enormous acceleration in AI while AI leaders themselves warn about the pace of that acceleration.
politico.com
Corporate tax payments plunge as AI feasts on new incentives
A generous tax break on capital investments Republicans created in 2025 wasn't designed specifically for the AI boom, but hyperscalers are making the most of it.
2147
Roosevelt Institute @rooseveltinstitute.org · 15/09/2026
The Senate will vote this afternoon on whether to advance the CLARITY Act. Despite last-minute revisions, the bill still raises major concerns around crypto oversight, self-dealing, and stablecoin rewards that could pull deposits from community banks. More from @ourfinancialsecurity.org ⬇️
042
Roosevelt Institute @rooseveltinstitute.org · 14/09/2026
New from our CEO @elizabethwwilkins.bsky.social: As AI companies push for voluntary safety rules, the latest warnings about AI risks make one thing clear: we can’t just hand the industry the keys to its own oversight. ⬇️
rooseveltinstitute.org
Fear Itself: AI Anxiety Is No Excuse for Self-Regulation - Roosevelt Institute
AI companies are sounding the alarm about the technology they’re building—and asking for more room to regulate themselves. Elizabeth Wilkins argues that real AI safety requires something different: pu...
0124
Roosevelt Institute @rooseveltinstitute.org · 14/09/2026
The administration’s efforts to divide Americans have now entered childcare policy. Our fellow @jessicacalarco.com explains for @ms.now how redirecting childcare subsidies toward stay-at-home parents would pit mothers against each other instead of addressing the underlying childcare crisis:
ms.now
Opinion | JD Vance’s new childcare proposal: pit mothers against each other
The plan reportedly championed by the vice president reallocates federal subsidies to subsidize stay-at-home parenthood.
24219
Roosevelt Institute @rooseveltinstitute.org · 14/09/2026
New: The federal income tax has 7 brackets today. That may seem normal, but it’s a historical anomaly. There were once 56 brackets, and there were 14 as recently as the 1980s. But, like it did much else, Reaganism broke our brackets. @samarthgupta.bsky.social has a new brief on how to fix them: 🧵
rooseveltinstitute.org
Reaganism Broke US Tax Brackets. It’s Time To Fix Them.
The US once had dozens of income tax brackets. Samarth Gupta argues that restoring more brackets at the top would better address today’s extreme income inequality, raise revenue, and give policymakers...
11344115
Roosevelt Institute @rooseveltinstitute.org · 12/09/2026
As Social Security’s financing challenge comes to a head, any approach that leads with—or even considers—benefits cuts would be a grave mistake. We propose 3 creative updates to the program without sacrificing benefits. That and more in our weekly rundown:
rooseveltinstitute.org
3 Ideas for Funding Social Security
Cuts to social security are not the answer plus more in this week's Roosevelt Rundown.
083
Reposted by Roosevelt Institute
Pitchfork Economics @pitchforkeconomics.bsky.social · 10/09/2026
You couldn’t even buy what Social Security provides on the private market. So why do we keep talking about the people who rely on it like they’re a drain on the system? Rey Fuentes from @rooseveltinstitute.org explains ⬇️ 🎧 ➡️ bit.ly/3UIuf3B
093
Reposted by Roosevelt Institute
Stephen Nuñez @socio-steve.bsky.social · 11/09/2026
Have you folks seen the 3 excellent papers our 3 excellent Good Life residents recently put out on defending social security? Let them explain to you why cuts are not necessary and how common sense adjustments to financing to account for changes to the economy can do the work.
096
Roosevelt Institute @rooseveltinstitute.org · 11/09/2026
As we round out our week on the state of US labor, consider one way technology is reshaping work: businesses are using algorithms to set wages, allocate shifts, and manage workers. Corporations are using the latest tech to strip away the protections that once came with a job. 🧵
185
Roosevelt Institute @rooseveltinstitute.org · 10/09/2026
Paramount’s proposed takeover is facing an antitrust lawsuit from 12 states over how much power the company would have in film and cable TV. That’s the kind of consolidation @victorpickard.bsky.social argues we should be examining as a question of democratic power, not just competition.
progressive.org
How to Fight Media Oligarchy
Every billionaire-owned media outlet is a profound threat to our democracy.
144