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John Schmitt

@jschmittwdc.bsky.social
5.4K followers 1.2K following 453 posts

Economist, Washington DC Labor, social policy Formerly: @epi.org, @ceprdc.bsky.social, @equitablegrowth.bsky.social, @cep-lse.bsky.social, UN Peacekeeping (Very old picture.)

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Reposted by John Schmitt
Larry Mishel @larrymishel.bsky.social · 03/10/2026
@epi.org had a fortieth anniversary celebration. There's much great work to celebrate and I had a wonderful time. prospect.org/2026/10/02/h...
prospect.org
Happy Anniversary, EPI - The American Prospect
Forty years of altering conventional economic assumptions with meticulous research and action
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Acyn @acyn.bsky.social · 02/10/2026
Sliwa getting a flu shot: This could be very embarrassing. I’m supposed to be a tough guy, right? Mamdani: I can hold your hand. Sliwa: What happens if I faint? Mamdani: I got you. Doctor: You’re in great hands, literally. New Yorkers can find free flu shots and locations at nyc.gov/healthmap
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Ben Zipperer @benzipperer.org · 01/10/2026
Even if you've never been a union member, the attacks on unions have cost you money. The typical worker would be earning $5,000 more a year if unions were as strong today as they were five decades ago
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John Schmitt @jschmittwdc.bsky.social · 30/09/2026
Great day for us Schmitts.
Screenshot of meme: "The 'm' in Schmitt is silent."
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Sanho Tree @sanho.bsky.social · 30/09/2026
Google and Apple immediately update their maps.
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M Meerkat @kackbro.bsky.social · 30/09/2026
Go For It Ladies.......
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John Schmitt @jschmittwdc.bsky.social · 29/09/2026
CEPR (@ceprdc.bsky.social) economist Eileen Appelbaum with the latest data on access to US workers' access to paid time off. Only 49% of private-sector workers have paid family and medical leave; 19% don't have any paid sick days. cepr.net/publications...
cepr.net
Access to Paid Time Off Remains Highly Unequal
BLS data show major gaps in access to paid sick days and family leave by income, industry, and full- or part-time status.
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Ben Zipperer @benzipperer.org · 29/09/2026
Huge congrats to the brilliant economist and historian Ellora Derenoncourt, one of this year's MacArthur Fellows!
Ellora Derenoncourt - 2026 MacArthur Fellow
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Sherrod Brown @sherrodbrownoh.bsky.social · 29/09/2026
NEW AD: Listen to this sh*t.
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John Schmitt @jschmittwdc.bsky.social · 29/09/2026
Krugman on "The Beclowning of Scott Bessent" paulkrugman.substack.com/p/the-beclow...
paulkrugman.substack.com
The Beclowning of Scott Bessent
Another Trump enabler pays the price
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The Tennessee Holler @thetnholler.bsky.social · 26/09/2026
👇🏽😕
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Dean Baker @deanbaker13.bsky.social · 26/09/2026
A simple way to improve AI safety is to enforce the law. If Sam Altman knows that he will be treated like a drunk driver after an accident if his AI causes serious damage, he will be much more careful deanbaker22.substack.com/p/sam-altman...
deanbaker22.substack.com
Sam Altman is Driving Drunk, Let Him Face the Consequences
People need to face consequences for criminal negligence
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Kyle Griffin @kylegriffin1.bsky.social · 25/09/2026
BREAKING WaPo: Justice Ketanji Brown Jackson just slammed the Supreme Court's use of its "emergency docket" — suggesting the court has misused the process in allowing the Trump admin to move forward with a host of controversial policies while challenges play out in lower court.
washingtonpost.com
Justice Ketanji Brown Jackson criticizes Supreme Court’s use of emergency docket
In a public appearance, Jackson said the high court’s use of the emergency docket was “problematic” and called for more restraint from her colleagues when using it.
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Katie Bergh @katiebergh.bsky.social · 24/09/2026
🚨New: With data added from more states, we now estimate that about 2 million fewer kids are receiving SNAP in the wake of deep cuts enacted in last year’s Republican reconciliation law. Overall, more than 5 million people have lost SNAP since July 2025. www.cbpp.org/research/foo...
cbpp.org
SNAP Tracker: People Are Losing Food Assistance as the Harmful 2025 Republican Reconciliation Law Is Implemented
SNAP participation nationwide fell by roughly 5 million people (12 percent) between the law’s July 2025 enactment and May 2026, based on the latest month of data.
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Aaron Reichlin-Melnick @reichlinmelnick.bsky.social · 24/09/2026
Incredible. First Secretary Mullin claimed that DHS had identified 15,903 noncitizens on Nevada’s voter roll. Then DHS officials told a skeptical Nevada, no no no, that’s just people we flagged. Here are the names of 185 people we KNOW aren’t citizens. All 185 were citizens. DHS got 100% wrong.
When the Department of Homeland Security sent Nevada a list of 185 names last month that it claimed identified noncitizens who had been improperly allowed to register to vote, state election officials got to work.
On Tuesday, the state sent a strongly worded rebuke to the federal government: Every single person on the list was a lawful citizen.
"As for the 185 individuals, our records indicate that they were citizens," Greg D. Ott, a deputy attorney general in Nevada, wrote, according to a copy of a letter sent to Department of Homeland Security officials obtained through open records requests.
"You have provided nothing of substance to suggest otherwise."Following the meeting, Ms. Vogt sent a clarifying email to Nevada officials. "I also wanted to be sure I clarified that we did not reduce the 15,903 to 185," she wrote. "We've manually reviewed some of the 15,903 and confirmed 185 are not U.S. Citizens."
Now, Nevada officials are saying even that 185 number is wrong. They also took issue with a letter D.H.S. sent them in early September, in which the agency reiterated its initial claims about nearly 16,000 noncitizens on the rolls and pressured state officials to review each case in a letter to Nevada officials in early September.
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John Schmitt @jschmittwdc.bsky.social · 24/09/2026
Dean Baker @deanbaker13.bsky.social asking a good question: "Where Are the Articles About Young People Giving Up on Homeownership?" deanbaker22.substack.com/p/where-are-...
Description of line chart from article: "The homeownership rate for young people (under age 35) slowly recovered from the collapse of the housing bubble and peaked at 37.6% in the fourth quarter of 2019, just before the pandemic hit. It rose rapidly in the pandemic recovery, as pandemic checks, coupled with near-record low mortgage rates, allowed many young people to buy homes. The ownership rate peaked at 39.2% in the 2nd and 4th quarters of 2022. It then began to trail downwards due to higher mortgage rates and the pandemic-driven jump in house prices.
In the 4th quarter of 2024, it fell below the pre-pandemic peak, hitting 37.0%. It has continued to edge downward, hitting 36.8% in the 2nd quarter of this year."
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Robert Reich @rbreich.bsky.social · 24/09/2026
Cost of extending ACA subsidies: $30 billion/year Cost of Trump's Iran War: $43 billion in roughly seven months (and that's a low estimate) It's not a question of what we can afford. It's a question of priorities.
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John Schmitt @jschmittwdc.bsky.social · 23/09/2026
A great collection of charts that tell the story of just how much the economy has failed most workers for most of the last five decades.
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Allison Gill @muellershewrote.com · 22/09/2026
JD Vance is using AI to kick hundreds of thousands of people off health insurance. These are AI death panels.
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darren32359.bsky.social @darren32359.bsky.social · 22/09/2026
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Economic Policy Institute @epi.org · 22/09/2026
ICYMI we released our updated analysis on CEO pay. @cnn.com's @mattegancnn.bsky.social breaks it down
youtube.com
CEO-to-worker pay ratio hits 325-1; Mayors sound alarm on affordability
YouTube video by CNN
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Hoodlum 🇺🇸 @nothoodlum.bsky.social · 18/09/2026
Obama: “Imagine if I had pulled Fox News’ credentials from the White House press corps. You’re laughing, but this is what’s happening. It’s unimaginable that the same parties that are silent right now would have tolerated behavior like that from me.” Clip courtesy @meidastouch.com
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Robert Reich @rbreich.bsky.social · 17/09/2026
Elizabeth Warren, AOC, and other members of Congress have introduced a bill to ban private equity funds from owning or controlling medical practices. This is a big deal. Here’s what you need to know about the shady private equity industry and how it operates.
youtube.com
This One Thing Is Making Your Life More Expensive | Robert Reich
Private equity is shutting out millions of people from buying their own homes.In 2021, private equity investors bought n
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Catherine Rampell @crampell.bsky.social · 16/09/2026
Trump has made 28,700 stock/securities trades since returning to office - more than all of congress combined. Note that he is pushing for a stock-trading ban for lawmakers that wouod exclude him www.bloomberg.com/graphics/202...
bloomberg.com
Trump Made 29,000 Securities Trades, More Than All of Congress
Donald Trump made nearly 29,000 securities trades in 17 months — more than every member of Congress combined. The stock-purchasing ban he’s pushing would leave him exempt
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leftylady.bsky.social @leftylady.bsky.social · 15/09/2026
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Adam Serwer @adamserwer.bsky.social · 15/09/2026
If Trump wanted to crown himself emperor in the national cathedral alito and thomas would support it
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Center for Economic and Policy Research @ceprdc.bsky.social · 14/09/2026
Could #AI CEOs warnings' about AI's risks to humanity actually be an attempt to get government protections from damage liability their companies will cause? @deanbaker13.bsky.social thinks so. Read this week's #AIBubbleMonitor. #econsky cepr.net/publications...
cepr.net
The AI Bubble Monitor
Is there an AI bubble? Some indicators point to one — and when bubbles burst, there can be massive shocks in housing and job markets that last for years.
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MeidasTouch @meidastouch.com · 13/09/2026
Mike Johnson is backing a GOP candidate who called children “cum trophies” and made Nazi jokes. Confronted on CNN, Johnson’s excuse: “That was his persona online.”
meidasnews.com
Mike Johnson Defends Backing Candidate Who Called Children ‘Cum Trophies’
Speaker: “That was his persona online.”
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Center for Economic and Policy Research @ceprdc.bsky.social · 13/09/2026
Though EMTs risk their lives every day, their median pay is just $38,930/yr. Top 10% of earners barely make $60K/yr. Now Trump's Big Beautiful Bill's Medicaid cuts threaten the EMS agencies that employ them, which put already-underpaid workers at even greater risk.
tinyurl.com
Collateral Damage: How the One Big Beautiful Bill Act Threatens the Future of Emergency Services
Medicaid cuts could force EMS agencies to reduce services, cut ambulances, and close, threatening emergency response in rural communities.
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Dean Baker @deanbaker13.bsky.social · 11/09/2026
The NYT lies for Trump, again www.nytimes.com/video/us/pol... Contrary to the NYT headline, Trump didn't pledge his followers to vote for him; he pledged his followers to cheat for him (literally).
nytimes.com
Video: Trump Has Crowd Pledge Their Allegiance to Him and to Vote
President Trump closed the Republican convention by having the crowd pledge an oath to him. Vice President JD Vance cast Democrats as the “party of hatred.”
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Catherine Rampell @crampell.bsky.social · 11/09/2026
@thebulwark.com did a supercut of all the prior times Trump said he was going to give Americans a $5000 check or whatever. It is glorious
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Mark Carney @mark-carney.bsky.social · 24/03/2025
On 9/11, the people of Gander stepped up. They showed the very best of Canada.
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Robert Reich @rbreich.bsky.social · 11/09/2026
Don't let this fly under the radar: Trump has reportedly made between $1.5M to $4.4M from his oil stockholdings since the start of his Iran War. As gas prices skyrocket, he is personally profiting from your pain at the pump. www.cnbc.com/2026/09/09/trump-oil-g…
cnbc.com
Trump's oil investments have gained millions during Iran war as his accounts keep trading
Donald Trump retained major oil and gas investments as the Iran war has moved energy markets. CNBC analyzed his holdings
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Dean Obeidallah @deanobeidallah.bsky.social · 11/09/2026
Headlines today should be: "Trump calls on his supporters to "cheat like hell" in 2026 election." Followed by: "Trump was charged with crimes for attempting to overturn the 2020 election and incited the Jan 6 terrorist attack to remain in power despite losing." But corporate media won't do that!
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Ben Zipperer @benzipperer.org · 11/09/2026
Thanks to Trump's war, workers' pay buys less than it did a year ago. Five months and counting...
line plot of annual nominal wage growth, inflation, and real wage growth titled "Workers are losing ground to inflation"
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Sam Pizzigati @sgp.bsky.social · 11/09/2026
Economist Gabriel Zucman on the Nov. 21 tax-the-rich summit in Paris he's organizing: “The explosion in extreme wealth and the accompanying concentration of power are disrupting our societies. It is this imbalance that the Paris summit aims to tackle.” www.politico.eu/article/bern...
politico.eu
Bernie Sanders, Alexandria Ocasio-Cortez invited to Paris for Gabriel Zucman’s tax-the-rich summit
The economist’s big event comes shortly after the launch of his new book.
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Robert Reich @rbreich.bsky.social · 10/09/2026
Trump has promised multiple stimulus checks (have you received one?) He promised his tariffs would revive U.S. manufacturing (we've lost manufacturing jobs). He promised lower gas prices (they're higher now). He promised to keep us out of new wars (he started one with Iran). Noticing a pattern?
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Hoodlum 🇺🇸 @nothoodlum.bsky.social · 09/09/2026
You know who really did show up? Canadian police officers, firefighters, and medical personnel came to NYC, on and off duty, traveling independently or in groups to stand with Americans and help shoulder the enormous burden of recovery and cleanup at Ground Zero. www.cbc.ca/news/canada/...
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Center for Economic and Policy Research @ceprdc.bsky.social · 09/09/2026
@rokhanna.bsky.social explains the massive wealth inequality present in California #mostlyeconomics #econsky
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Robert Reich @rbreich.bsky.social · 07/09/2026
Corporations spend more than $1.5 billion a year on union-busting. That’s $1.5 billion they could have spent on higher wages, better benefits, and improving workplace safety. Remember: if they weren’t so scared of worker power, they wouldn’t fight so hard against unions.
epi.org
U.S. employers spend more than $1.5 billion annually on union avoidance
Key takeaways Many U.S. employers hire union avoidance consultants to keep their workers from organizing and bargaining
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Center for Economic and Policy Research @ceprdc.bsky.social · 07/09/2026
#LaborDay 🧵: The big question is not whether AI takes your job. It's who gets the gains if productivity keeps rising. We've faced this before and shared the wealth through strong institutions. Here's how we could do it again. #econsky Read @deanbaker13.bsky.social :
tinyurl.com
Dealing With the AI Productivity Boom: We Do Know How to Share the Wealth
AI could boost productivity without causing mass unemployment or inequality. History shows unions, higher wages, and shorter workweeks can spread the gains.
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Center for Economic and Policy Research @ceprdc.bsky.social · 07/09/2026
🧵: Trump's remarks that recently resurfaced about the US having too many non-working holidays wasn't a #LaborDay message, but it still said a lot about his thoughts on labor. He wants workers to have even less time off, in a country that already guarantees them ZERO paid vacation days. #econsky
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Peter Baker @peterbakernyt.bsky.social · 06/09/2026
Trump claims that Michael Cohen "has just fully RECANTED his testimony" against the president, who was convicted of 34 felonies and held liable for bank fraud. Except that he hasn't. Cohen hasn't taken back any of it. www.nytimes.com/2026/09/06/u...
nytimes.com
For Trump’s Former Fixer, a Tortured Path From ‘Rat’ to Reconciliation
The president has made peace with Michael D. Cohen, his onetime lawyer who turned against him. But contrary to Mr. Trump’s claims, Mr. Cohen has not recanted the testimony that helped convict his form...
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Team Talarico @teamtalaricohq.bsky.social · 05/09/2026
NEW AD: Three years ago today, Ken Paxton’s impeachment trial began. He was impeached by his own party for corruption. But don’t just take our word for it — listen to what his fellow Republicans had to say about his abuse of power.
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Elizabeth Jacobs, PhD @elizabethjacobs.bsky.social · 03/09/2026
Just in time for the 2026-2027 vaccines, a new review shows that COVID19 vaccination significantly reduces the risk of severe illness and hospitalization across all age groups, including kids. Pregnant women were also protected, as were their babies. Don’t forget to schedule your vaccination!
jamanetwork.com
COVID-19 Vaccine Effectiveness and Safety for the 2026-2027 Respiratory Season
This Special Communication aims to identify and summarize the most recently published evidence evaluating the effectiveness and safety of US-licensed COVID-19 vaccines and report on the epidemiology o...
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Mike Konczal @mtkonczal.bsky.social · 03/09/2026
BLS this morning, with revised 2Q data: "The labor share, which is the percentage of output that accrues to workers in the form of compensation, was 52.8 percent in the second quarter of 2026, the lowest level in the series, which begins in the first quarter of 1947."
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AFL-CIO @aflcio.org · 03/09/2026
Rest in power, Gloria Steinem, a lifelong advocate for working women who dedicated her life to fighting for women’s equality, equal pay and respect on the job. We’re grateful for her lifetime of courage, leadership and commitment to making the world better for women everywhere.
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Captain Mark Kelly @captmarkkelly.bsky.social · 02/09/2026
Before losing her life in 1986 aboard Space Shuttle Challenger, Christa McAuliffe was set to be the first teacher in space with plans to teach a lesson to kids around the world from orbit. Today is her birthday, and even now, her courage and dedication to education continues to inspire.
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Robert Reich @rbreich.bsky.social · 01/09/2026
A reminder for Corporate Democrats: New research from Yale found that Medicare for All would save over 114,000 lives and $1 trillion a year. It's no surprise why the majority of Americans — including 90% of Democratic voters — support it.
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Economic Opportunity Institute @eoionline.bsky.social · 01/09/2026
At 22.4%, Washington now has one of the highest average premium rate increases in the country. When rates become too high, families are forced to choose between buying health insurance and paying for other basic needs than food and housing costs. www.healthinsurance.org/blog/health-...
healthinsurance.org
Health insurance premium increases for 2027: Proposed rates by state and what consumers should know
Proposed 2027 health insurance premiums are rising across much of the U.S. See requested rate increases by state and what they mean for consumers.
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