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ESOPs in the Air
The ESOP AssociationLink to more items from this source
May 18, 2015

"[W]hat is it that has Democrats who have not been ESOP advocates, and who do not serve on a tax or labor committee, interested in promoting ESOPs? ... [The Center for American Progress] sponsored a 'summit' of top economists and opinion leaders that issued a paper [which included] a straightforward endorsement of policies to increase 'ownership' among more Americans, and ESOPs were specifically cited as an example of a program that did broaden ownership.... [E]conomist Peter Orszag ... [wrote] a very straight-to-the-point opinion piece ... stating that President Obama needed to be forceful in promoting more ownership among Americans, citing ESOPs ... [On] two recorded occasions ... for the first time since Robert Reich was Secretary of Labor, the current Secretary of Labor, Thomas Perez, gave a glowing endorsement of ESOPs as good policy."

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