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Algernon Austin

@a-austin.bsky.social
78 followers 31 following 75 posts

Director for Race and Economic Justice at the Center for Economic and Policy Research. All opinions are my own. Reposts are not necessarily endorsements.

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Algernon Austin @a-austin.bsky.social · 11/09/2026
Image is for June 2026, the EV advantage is even stronger today. The article also doesn't factor in the lower maintenance costs. www.nytimes.com/2026/06/16/u...
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Dean Baker @deanbaker13.bsky.social · 11/09/2026
Trump's $1.3 trillion joke, his $5k election dividend cepr.net/publications...
cepr.net
Donald Trump’s Latest Joke: The $5K Dividend
Trump’s proposed $5,000 checks would cost $1.35 trillion, dwarfing spending Republicans have called too expensive.
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Algernon Austin @a-austin.bsky.social · 18/06/2026
There are hundreds of thousands of Black fathers who need jobs. We need a national jobs program. #FathersDay2026 cepr.net/publications...
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Algernon Austin @a-austin.bsky.social · 02/06/2026
Nearly 90% of White, Hispanic, and Asian American men (25 to 54 years old) were employed, but the rate for Black men in this age group only approached 80%. This report shows that it is not skills but anti-Black discrimination that is the explanation. cepr.net/publications...
cepr.net
Understanding and Addressing the Extremely Low Employment Rate of Black Men
New research argues discrimination, not skills gaps, is the main reason Black men face much lower employment rates.
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Center for Economic and Policy Research @ceprdc.bsky.social · 30/05/2026
There was never a nuclear threat from Iran. Zero evidence. Trump manufactured 12+ reasons for war before settling on nukes. It is cover for what he has wanted since 1980: seizing Iran's oil. NEW from @a-austin.bsky.social :
bit.ly
The Iran War is NOT About Nuclear Weapons
Trump claims Iran’s nuclear program drove the war, but his administration has repeatedly offered contradictory reasons for the conflict.
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Dean Baker @deanbaker13.bsky.social · 30/05/2026
Trump's $1.5 trillion military budget is hugely larger than all the spending we have big fights over, and this is all to fight enemies he has made or invented cepr.net/publications...
cepr.net
Trump’s $1.5 Trillion Military Budget is $11,200 per Household for His Dementia Dreams
Trump’s proposed $1.5 trillion military budget would cost about $11,200 per household, far exceeding the cost of many domestic programs.
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Center for Economic and Policy Research @ceprdc.bsky.social · 22/05/2026
Elon Musk probably pays a lower tax rate than your local firefighter. #mostlyeconomics host @deanbaker13.bsky.social and @amyhanauer.bsky.social of @itep.org break down exactly how that happens and who built it that way. #econsky If you earn a paycheck, this is for you: youtu.be/pHJVpINqJTY?...
youtu.be
Mostly Economics Podcast #35: Tax the Worker, Spare the Wealthy
YouTube video by Center for Economic and Policy Research
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Center for Economic and Policy Research @ceprdc.bsky.social · 23/05/2026
88 profitable corporations paid $0 taxes last year. Meanwhile, capital gains breaks keep protecting the wealthy while workers pay in full. @itep.org  @amyhanauer.bsky.social breaks down the three biggest problems with the US tax code. #econsky full #mostlyeconomics ep: bit.ly/4tVbbuW
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Center for Economic and Policy Research @ceprdc.bsky.social · 28/05/2026
Fossil fuels and deforestation are driving climate change. But clean energy investment, stronger pollution rules, and zero-deforestation commitments across both public and private sectors will make the difference. More from @mattsedlar.bsky.social: bit.ly/4nXTbP8
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Center for Economic and Policy Research @ceprdc.bsky.social · 28/05/2026
@deanbaker13.bsky.social called the #dotcom bubble, the #housingbubble. And now: is AI next? Dean speaks with one of the foremost critics of the AI industry, @edzitron.com , on today's ep of #mostlyeconomics: youtu.be/_nbURWWgUx0?si=-6usgtOqN8M…
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Robert Reich @rbreich.bsky.social · 12/05/2026
Yesterday I spoke with Tennessee state rep @brotherjones.bsky.social about the Supreme Court's shameful gutting of the Voting Rights Act. We discussed what's now happening in the south, and some ideas on what to do about it. robertreich.substack.com/p/how-to-r…
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Dean Baker @deanbaker13.bsky.social · 11/05/2026
The rich can exercise political power through control of the media, not just campaign contributions deanbaker22.substack.com/p/citizens-u...
deanbaker22.substack.com
Citizens United, Buckley v. Valejo, and Media Ownership: Turning Money into Power
The rich's control of the media is at least as important as their campaign spending
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Algernon Austin @a-austin.bsky.social · 12/05/2026
"there are likely to be tens, or even hundreds, of thousands of kids with $1,000 in their Trump accounts who are living on the streets, going hungry, or unable to get necessary medical care because Trump has cut the programs their families depend upon." cepr.net/publications...
cepr.net
Trump Accounts Are a Sick Joke, Not a Threat to Social Security
Trump accounts offer small tax-advantaged savings for children, but critics argue they are no substitute for Social Security or public assistance programs.
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Algernon Austin @a-austin.bsky.social · 27/04/2026
"it is entirely possible, perhaps likely, that millions of people will die because of a totally foreseeable consequence of Donald Trump’s war" cepr.net/publications...
cepr.net
Trump’s Ignorance Could Kill Millions
Trump’s claimed ignorance of Iran retaliation risks fuel spikes, supply shocks, and food crises that could threaten millions of lives.
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Dean Baker @deanbaker13.bsky.social · 21/04/2026
Trump is sending the green transition into hyperdrive with his war on Iran deanbaker22.substack.com/p/trump-hits...
deanbaker22.substack.com
Trump Hits a Home Run for the Green Transition
The shift to clean energy has been hyper-charged
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Robert Reich @rbreich.bsky.social · 21/04/2026
Look at this chart. Tax cuts for the rich are a policy choice. Cutting the social safety net in exchange for them is a policy choice. States like New York have an opportunity to help undo this trickle down nonsense by raising taxes on the rich (who will still be rich). I hope Gov. Hochul does.
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Algernon Austin @a-austin.bsky.social · 21/04/2026
The @workingfamilies.org Guarantee has a lot of overlap with @ceprdc.bsky.social 's Majority Agenda. Compare for yourself: workingfamilies.org/guarantee/
workingfamilies.org
Working Families Guarantee
We can win a real agenda for working people — but only if we all come together and fight for it. Add your name if you agree: It's time for a Working Families Guarantee
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Center for Economic and Policy Research @ceprdc.bsky.social · 21/04/2026
Union membership has been cut in half since 1983. Not because workers stopped caring, but because the rules were rewritten against them. 68% of Americans still support unions. The will is there. The policies are not. @hcbrown.bsky.social in #MajorityAgenda #Econsky bit.ly/4tZ2OyO
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Robert Reich @rbreich.bsky.social · 20/04/2026
Tesla saved $400 million on its federal taxes by shifting billions of its U.S. profits to countries with lower tax rates. Yes: While you paid your taxes in full, giant corporations maneuvered to pay as little as possible — and it’s all perfectly legal for them. The system is rigged.
reuters.com
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Dean Baker @deanbaker13.bsky.social · 17/04/2026
here it be truthout.org/articles/an-...
truthout.org
Dean Baker | An Honest Approach to Simplifying Corporate Income Taxes
We can get to a simplified corporate income tax system that raises the same amount of revenue with much less waste.
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Algernon Austin @a-austin.bsky.social · 17/04/2026
NYT Editorial: "Mr. Magyar’s victory highlights the Democratic Party’s need to develop an ambitious agenda that goes far beyond criticizing Mr. Trump... Democrats do not yet have that agenda, but many in the party ​recognize that they need one." cepr.net/publications...
cepr.net
The Majority Agenda: Good Jobs, Strong Infrastructure, Fair Play
While the country is politically polarized in many ways, this collection highlights a range of public policies with broad public support that would advance worker power and enhance democracy in the Un...
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Center for Economic and Policy Research @ceprdc.bsky.social · 15/04/2026
Trump Republicans cut IRS funding after it finally started going after rich tax cheats. The division that audits billionaires is being pushed to cut 38% of its staff. #HappyTaxDay for the Tax Cheats of America. More from @a-austin.bsky.social : bit.ly/4tHsnnY  #EconSky #Economics
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Center for Economic and Policy Research @ceprdc.bsky.social · 16/04/2026
The US loses about $700 BILLION a year to tax evasion. Nearly 30% of unpaid taxes are from the richest 1%, and half from the top 5%. When Republicans defund the IRS, they are protecting the interests of the wealthy, not you. bit.ly/4tHsnnY .. More from @a-austin.bsky.social :
bit.ly
Trump Republicans are Defunding the Tax Police, Making America Great for Rich Tax Cheats
Budget cuts backed by Trump and Republicans weaken the IRS, reducing enforcement and enabling wealthy tax evasion while costing billions in lost revenue.
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Chuck Bell @chuckbell.bsky.social · 13/04/2026
"A targeted, large-scale subsidized employment program or a universal federal jobs guarantee would significantly increase the number of people working. The Workforce Promotion & Access Act & the Federal Jobs Guarantee Act are good starting points." @a-austin.bsky.social cepr.net/publications...
cepr.net
Provide Jobs for Those Who Need Them
Despite record low national unemployment, millions remain jobless or underemployed, exposing stark regional and demographic gaps.
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Algernon Austin @a-austin.bsky.social · 15/04/2026
The MAJORITY of Americans support many progressive economic policies. @ceprdc.bsky.social has complied them in the publication "The Majority Agenda." Politicians, advocates, and activists, take note: cepr.net/publications...
cepr.net
The Majority Agenda: Good Jobs, Strong Infrastructure, Fair Play
While the country is politically polarized in many ways, this collection highlights a range of public policies with broad public support that would advance worker power and enhance democracy in the Un...
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Algernon Austin @a-austin.bsky.social · 13/04/2026
Supercharging inequality: Trump accounts could mean $150,000 for a child in a wealthy family and $2,500 for a child in a low-income family. www.chicagobusiness.com/elevate/ccb-...
chicagobusiness.com
Trump accounts complicate the wealth gap debate
First baby bonds, now Trump Accounts for newborns. A debate ensues on who will benefit the most from these child wealth-building vehicles.
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Dean Baker @deanbaker13.bsky.social · 13/04/2026
Trump's friend, Orban, lost by such a huge margin that Trump didn't even try to claim fraud cepr.net/publications...
cepr.net
The People of Hungary Throw Out the Fascists
Hungary voters deliver a decisive defeat to Viktor Orbán, rejecting years of democratic backsliding and political control.
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Robert Reich @rbreich.bsky.social · 13/04/2026
This is a huge deal. robertreich.substack.com/p/goodbye-…
robertreich.substack.com
Goodbye, Viktor.
Your loss is Hungary's (and democracy's) win
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Center for Economic and Policy Research @ceprdc.bsky.social · 11/03/2026
New CEPR data: Union membership in the US fell from 18% to 10% since 1985—nearly cut in half. Every state but VT saw declines. Trump is accelerating the attack on workers, but this 40-year erosion started long before him. More from @hcbrown.bsky.social: bit.ly/4rmZKL5
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Center for Economic and Policy Research @ceprdc.bsky.social · 26/03/2026
When grifters run the government, everyday Americans suffer while footing the bill.
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Center for Economic and Policy Research @ceprdc.bsky.social · 27/03/2026
People living in the US need cost-of-living relief—not—more war.
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Center for Economic and Policy Research @ceprdc.bsky.social · 23/03/2026
🧵NEW DATA:  The bottom 80% of American households are getting poorer. It's not just people in poverty falling behind. @a-austin.bsky.social  looks into 50 years of data explaining why so many families feel squeezed. cepr.net/publications/reduce-inequa…
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Center for Economic and Policy Research @ceprdc.bsky.social · 31/03/2026
1/5 #JobsDay Preview 🧵 @deanbaker13.bsky.social on  what to expect from Friday's March employment report. The short version: the job market was already losing steam before the Iran war, and March is almost certain to look worse. Here is what the data is showing: bit.ly/4bKWVis
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Algernon Austin @a-austin.bsky.social · 20/03/2026
"The only method to counteract AI bias is the same one we use to counteract human bias: strong and effective diversity, equity, and inclusion policies." www.detroitnews.com/story/opinio...
detroitnews.com
Austin: Is AI born biased?
Elon Musk's Grok AI became 'MechaHitler' after parameter changes, highlighting how all AI models are 'born biased'.
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Indivisible ❌👑 @indivisible.org · 20/03/2026
Dr. Maria Stephan: I am so blown away! Not only are we heading into what will be the largest single day demonstration in US history, but each No Kings has gotten bigger and it's spread to more towns and communities across the country.
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Indivisible ❌👑 @indivisible.org · 10/03/2026
When our military is fighting a war Americans don't want, secret police are kidnapping and killing our neighbors, and the regime is working overtime to suppress the vote in the midterm elections, silence isn't an option. No Kings Day on March 28 has to be big, loud, and inescapable. Please join us.
nokings.org
No Kings
As the president escalates his authoritarian power grab, the NO KINGS non-violent movement continues to rise stronger. We are united once again to remind the world: America has No Kings and the power ...
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Algernon Austin @a-austin.bsky.social · 09/03/2026
Millionaires start hitting their Social Security cap today, while the rest of us pay all year, that's not just unfair—it undermines what the program is built on: collective care. This is why we need to #ScrapTheCap. bit.ly/4rjgSkO
bit.ly
The Day Million-Dollar Earners Get Richer by Stiffing Social Security
High earners stop paying Social Security taxes once their income passes the cap, raising questions about the case for eliminating the payroll tax limit.
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Algernon Austin @a-austin.bsky.social · 06/03/2026
The Day Million-Dollar Earners Get Richer by Stiffing Social Security cepr.net/publications...
cepr.net
The Day Million-Dollar Earners Get Richer by Stiffing Social Security
High earners stop paying Social Security taxes once their income passes the cap, raising questions about the case for eliminating the payroll tax limit.
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Algernon Austin @a-austin.bsky.social · 03/03/2026
No more WOKE healthcare. First we are going to bring back measles, then we are going to bring back AIDS, then . . . . After, we bring back all the diseases, we will be great again. www.nytimes.com/2026/03/02/h...
nytimes.com
States Move to Limit Access to H.I.V. Treatment
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Dean Baker @deanbaker13.bsky.social · 03/03/2026
I told everyone it was not a good idea to elect Netanyahu as president of the United States.
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ryan cooper @ryanlcooper.com · 03/03/2026
did a little back of the envelope math for how much all this shit is costing. on the order of $1-2 billion per day just in direct spending, maybe 10 times that much in indirect effects
prospect.org
The war in Iran is already hugely expensive
Aircraft carriers and stealth bombers are expensive to use.
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Algernon Austin @a-austin.bsky.social · 02/03/2026
Do “Soft Skills” Explain Low Black Male Employment Rates? "Pursuing soft skills is therefore a lose-lose option for less-educated young Black men; they are not likely to increase their employment nor their wages." cepr.net/publications...
cepr.net
Do “Soft Skills” Explain Low Black Male Employment Rates?
Evidence shows that soft skills are not the main driver of low employment among less-educated young Black men.
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Algernon Austin @a-austin.bsky.social · 02/03/2026
" the prospect of right-wing billionaires completely controlling the news networks is pretty horrible....My route to counter this trend is an individual voucher or tax credit that would give each person a sum, say $100, to support the news outlet of their choice." cepr.net/publications...
cepr.net
The Ellisons Taking Over Warner is Pants on Fire Stuff, but Team Progressive Just Whines
Overturning Citizens United won’t stop billionaire influence. Media ownership and unlimited spending shape elections more than campaign ads.
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Dean Baker @deanbaker13.bsky.social · 01/03/2026
We know this would be waaaay too hard for Donald Trump to understand in his current mental state, but it might be good if some reporters at major news outlets could find out about it.
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Algernon Austin @a-austin.bsky.social · 25/02/2026
When growth slows, Black communities often feel it first and most deeply. jointcenter.org/state-of-the...
jointcenter.org
State of the Dream 2026: From Regression to Signs of a Black Recession - Joint Center
State of the Dream 2026: From Regression to Signs of a Black Recession is the product of a collaborative effort drawing on the expertise of Joint Center staff, fellows, and trusted external partners. ...
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Algernon Austin @a-austin.bsky.social · 25/02/2026
"More than half of all workers surveyed (51 percent), and 56 percent of Black workers, indicated that they receive less than one week’s notice about their work schedules." Learn more about Black workers in the South: cepr.net/publications...
cepr.net
Advancing Black Workers in the South. An HBCU Research Initiative*
Study examines low wages, working poverty, and union barriers facing Black workers in the Southern United States.
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NBER @nber.org · 25/02/2026
Teacher certification exams impose disproportionate economic costs on Black and Hispanic candidates that are not justified by differences in teaching quality, from Christa Deneault, Evan Riehl, and Jian Zou www.nber.org/papers/w34860
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Dean Baker @deanbaker13.bsky.social · 25/02/2026
The idea of a "war on fraud" by a president who has pardoned more fraudsters than all other presidents combined is pretty funny
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Algernon Austin @a-austin.bsky.social · 20/02/2026
Trump doesn't care about preventing crime. www.thetrace.org/2026/02/rand...
thetrace.org
RAND Is Sunsetting Its Gun Violence Research Initiatives Amid Trump’s Cuts
Experts lamented the think tank's closures as a loss for policymakers, advocates, and researchers who have relied on the data to prevent shootings.
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Algernon Austin @a-austin.bsky.social · 20/02/2026
Axios’s well-sourced reporter Barak Ravid warned, “The Trump administration is closer to a major war in the Middle East than most Americans realize.” www.nytimes.com/2026/02/20/o...
nytimes.com
Opinion | This Is How an Autocrat Goes to War
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