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Teetering on the Brink
The American economy is in free fall--financial institutions, markets, and major industries are collapsing, jobs are vanishing by the month--while the lending spigot has been shut off, threatening a recovery.
As this new report shows, 23 million American families are already at high-risk of falling out of the middle-class; it's American families who stand to bear the brunt of this continued economic downturn.
NEW REPORT:
From Middle to Shaky Ground: The Economic Decline of America's Middle Class, 2000-2006
By Tamara Draut, Jennifer Wheary, Thomas M. Shapiro and Tatjana Meschede
See Also:
Middle Class Economic Security Fact Sheet
Where Do You Stand in Today's Middle Class?
Rate yourself using the Household Financial Security Scorecard, available here.
The New Squeeze
As the fallout from sub-prime mortgage crisis and overly aggressive adjustable rate mortgages continue to wreak havoc on American families, large financial firms are collapsing and the aftershocks are reverberating through the stock market. With less capital flowing through the nation’s lending market, the average consumer is faced with dwindling access to credit and dried-up hard-earned retirement savings.
NEW REPORT:
The New Squeeze:
How a Perfect Storm of Bad Morgages and Credit Card Debt
Could Paralyze the Recovery
By José Garcia
Also See:
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Up to Our Eyeballs |
Now in Bookstores
Read the Interview with the Authors at Dissent Magazine.
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The Middle Class
- From Middle to Shaky Ground
The Economic Decline of America's Middle Class, 2000-2006- By a Thread
The New Experience of America's Middle Class - By a Thread
Publications:
- Household Financial Security Scorecard
- Middle Class Economic Security Fact Sheet
- Economic (In)Security
The Experience of the African-American and Latino Middle Classes
News & Press:
Demos Supports Creation of White House Task Force on Working Families
December 23, 2008
76% of American Middle Class Households Not Financially Secure According to New Report
November 19, 2008
Panic in Detroit
New Republic - November 14, 2008
The Housing Market
- The New Squeeze
How a Perfect Storm of Bad Mortgages and Credit Card Debt Could Paralyze the Recovery- Beyond the Mortgage Meltdown
Addressing the Current Crisis, Avoiding a Future Catastrophe - Beyond the Mortgage Meltdown
Publications:
- Up to Our Eyeballs
How Shady Lenders and Failed Economic Policies are Drowning Americans in Debt
News & Press:
Continued Bad Mortgages Resets, High Credit Card Debt and Tightened Capital Could Paralyze Economic Recovery, According to New Demos Report
November 13, 2008
Lost Home, Lost Vote?
Sacramento Bee - October 23, 2008
Demos Responds to Housing Rescue Bill Signed Today, Calls for Additional Reforms
July 30, 2008
The Role of Government and the Public Sector
- The Samaritan's Dilemma
Should Government Help Your Neighbor?
Publications:
- Public Investment and Economic Growth
Testimony of Miles Rapoport
News & Press:
Back for the Future
In These Times - October 15, 2008
Keep the Money Flowing
New York Daily News - October 9, 2008
After the Bailout: A $5 Trillion New Deal?
U.S. News & World Report - October 6, 2008
Election Administration
Publications:- 6th Circuit Court Decision in Ohio Election Administration Lawsuit
League of Women Voters of Ohio v. Brunner - 2008 Election Primer
Election Administration, Voting Rights & Legal Challenges - Amicus Brief in GOP Voter Roll Lawsuit
Ohio Republican Party, et al. v. Brunner
News & Press:
Statement on Holder Attorney General Nomination
December 1, 2008
Election Resources and Experts Offered to Media by Policy Center Demos
November 3, 2008
Provisional Ballots Could Sink Dreams of a Speedy Tally....Again
New Mexico Independent - October 30, 2008
Now That We All Agree That We Need Consumer Protection In The Credit Card Market, Let's Make It Happen Already
by Caleb Gibson
As the financial sector continues to reap the consequences of the subprime debacle, banks are taking steps to increase profit...Read more
Credit Card Regulation: A Holiday Gift to be Opened in 2010
by Jose Garcia
Consumers received an early holiday present this year from the Federal Reserve Board in the form of new regulations for the c...Read more
Demos to Release a Guide to Implementing EDR in Early January
by Cristina Vasile
Since the 2004 presidential elections, three states have implemented Election Day Registration (EDR). A number of states cons...Read more
December 14, 2008
Revive Auto industry; Get U.S. back on the Road
Albany Times Union
November 19, 2008
Obama Picks Daschle to Head HHS
Cable News Network (CNN)
November 18, 2008
Cabinet Post for Clinton Roils Obamaland
Politico
November 18, 2008
Obama Job Offer to Clinton Annoys His Supporters
Telegraph UK
November 17, 2008
Can More Spending Revive the American Dream?
Christian Science Monitor
December 17, 2008
Throwing Good Money...
By Nomi Prins
The Nation
November 19, 2008
Surgical Prep
New Republic
November 14, 2008
Panic in Detroit
New Republic
November 14, 2008
A Stimulus Everyone Can Love
American Prospect