Yearly Archives: 2013

Immigration Reform 2013-14: Will Comprehensive Reform Bring More Jobs for Americans?

December 31, 2013. Northern Voices Online considers the prospects for immigration reform, focusing on the economic benefits that political action would bring, focusing on the immigrant role in small business ownership. The Fiscal Policy Institute Businesses mentioned in a June 2012 study that immigrant owned businesses employ nearly five million Americans in 2010 and generated an estimated $776 billion in revenue.

Anthony Troia2014-01-02T17:13:33-05:00December 31st, 2013|FPI in the News|

Immigration Reform 2013 News: Studies Show Immigrants Help Boost the U.S. Economy, Create More American Jobs

December 30, 2013. The Latino Post reviews reports about the economic impacts of immigrants on the U.S. economy, including one by the Fiscal Policy Institute. Research proves that immigration and economic progress go hand in hand. Contrary to fears that immigrants will take American jobs and make unemployment even worse, studies show that mending our broken U.S. immigration system would actually help end America's job crisis.... According to a 2012 study from the Fiscal Policy Institute, immigrant-owned small businesses employed nearly five million Americans in 2010 and [...]

Anthony Troia2014-01-02T17:09:22-05:00December 30th, 2013|FPI in the News|

Revitalizing Baltimore Through Immigration

December 26, 2013. An opinion piece in the Baltimore Sun draws extensively from the Fiscal Policy Institute's research on small business ownership, and describing city efforts to make it clear that immigrants are welcome. Baltimore Mayor Stephanie Rawlings-Blake said Baltimore is "open for business, particularly in the area of Latino immigrants. We've actively recruited Latino immigrants to Baltimore, and when they come here, they're thriving. Many have opened businesses, employed individuals. ... I think it's a win-win."

Anthony Troia2014-01-02T17:04:23-05:00December 26th, 2013|FPI in the News|

Examining the Final Report of the Pataki/McCall Commission

December 20, 2013. Last week, Governor Andrew Cuomo accepted the final report of the New York State Tax Relief Commission that he had appointed earlier this Fall. This commission, which was co-chaired by former Governor George Pataki and former State Comptroller H. Carl McCall, had been charged by Governor Cuomo with identifying ways to provide property and business tax relief to New York's homeowners and businesses. Today, the Fiscal Policy Institute joined with six of New York’s leading progressive groups in releasing a report analyzing [...]

Anthony Troia2013-12-26T09:50:12-05:00December 20th, 2013|City Budget, Must Read, Reports, Briefs and Presentations, Tax & Budget, Tax Policy|

Fiscal Policy Institute Names Frederick Floss Executive Director

December 19, 2013. The Board of Directors of the Fiscal Policy Institute announced today that it has appointed Frederick G. Floss, professor of economics and finance at Buffalo State College, as FPI’s new Executive Director. Floss is the Fiscal Policy Institute’s third executive director. He succeeds Frank J. Mauro who led FPI for the past 20 years. “Fred Floss brings an excellent combination of knowledge, skills and experiences to the leadership of FPI and to the discussion of the key fiscal and economic issues facing [...]

Anthony Troia2013-12-19T08:07:15-05:00December 19th, 2013|Press Releases, Tax & Budget|

Immigration Reform Isn’t Republican or Democratic — It’s Commonsense

November 25, 2013. An op-ed by Congresswoman Elizabeth Esty of Connecticut about the benefits of immigration reform. Esty is a Democrat, but as she stresses, this should not be a Democratic or Republican issue; it is an American issue. In making the case, she cites FPI's report on small business owners: Since taking office, I've had the honor of meeting with business owners from around our district and our state. They are eager to share with me their successes as well as their concerns. When [...]

Anthony Troia2013-11-26T17:03:16-05:00November 26th, 2013|FPI in the News|

New Report Examines Shale Drilling Impact

November 21, 2013. Drilling in the six states that span the Marcellus and Utica Shale formations has produced far fewer new jobs than the industry and its supporters claim, according to a report by the Multi-State Shale Research Collaborative, a group of research organizations tracking the impacts of shale drilling that includes the Fiscal Policy Institute. The Marcellus and Utica shale formations span six states: New York, Ohio, Pennsylvania, West Virginia, Maryland, and Virginia. Natural gas development in these six states was fueled by high [...]

Anthony Troia2020-11-13T14:56:15-05:00November 21st, 2013|Economic Outlook, Economic Trends & Policy, Press Releases, Reports, Briefs and Presentations|

Statement on the Solomon/McCall Tax Reform and Fairness Commission Report

November 14, 2013. Statement from Ron Deutsch, Executive Director, New Yorkers for Fiscal Fairness, and Frank Mauro, Executive Director, Fiscal Policy Institute. Any discussion of fair taxation in New York must acknowledge that our state has the greatest income inequality in the nation and that our tax system is partially to blame. We are experiencing record child poverty rates and levels of hunger and homelessness that are unprecedented. Too many of our residents are suffering and struggling to make ends meet and today’s report by [...]

Anthony Troia2013-11-18T07:44:53-05:00November 14th, 2013|Blog, City Budget, Tax & Budget, Tax Policy|

Media coverage of FPI’s research on inequality during the NYC mayoral campaign

October 9, 2013. Income inequality has emerged as a major issue in the 2013 New York City mayoral campaign, and media coverage has frequently included mention of FPI’s research on income polarization. FPI’s work featured prominently in a special issue of The Nation devoted to The Gilded City in April, with several graphics based on FPI’s research. The lead article in The Nation’s special issue featured FPI’s latest estimates of the share of income in New York State and City going to the wealthiest 1% [...]

Anthony Troia2020-11-13T14:27:58-05:00October 9th, 2013|Blog, Economic Trends & Policy, Labor Market & Workforce|

While Some Improvement Crept in during 2012, NYC’s Family Incomes and Poverty Status are Still Much Worse than before the Recession

September 20, 2014. The latest data from the Census Bureau for 2012 show that while NYC median family incomes and poverty stabilized last year, we are still a very long way from undoing the deterioration caused by the 2008-09 recession. Most NYC families have been battered by the recession and the historically weak recovery. Adjusted for inflation, median family incomes dipped slightly in 2012 (but not significantly) and are $3,800 or 6.5% below the 2008 level. Nationally, inflation-adjusted median family incomes dropped by $5,000 or [...]

Anthony Troia2020-11-13T14:27:58-05:00September 20th, 2013|Blog, Economic Trends & Policy, Labor Market & Workforce|

Children in upstate cities are the losers as poverty remains high in New York

September 19, 2013. Poverty remained high at 16 percent and incomes stagnant in New York last year, showing the continuing pain of the recession and underscoring the need for New York to do more to help struggling people and give them the tools to lift themselves out of poverty. Over 3 million people in New York lived under the federal poverty level in 2012 when no statistically significant change in the overall poverty rate occurred from 2011, according to new Census Bureau data released today. [...]

Anthony Troia2020-11-13T14:27:58-05:00September 19th, 2013|Blog, Economic Trends & Policy, Labor Market & Workforce|

Family Poverty in New York State

September 19, 2013. The statewide family poverty rate (i.e., the percentage of families with incomes below the poverty level) in New York State was virtually the same in 2012 (12.2%) as in 2011 (12.3%). These poverty rates were greater, to a statistically significant degree, than New York State’s family poverty rate of 10.3% in 2007, the year before the onset of the Great Recession in December 2007 nationally and in New York State in the Spring of 2008. The statewide family poverty rate of 12.2%, [...]

Anthony Troia2020-11-13T14:27:58-05:00September 19th, 2013|Blog, Economic Trends & Policy, Labor Market & Workforce|