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New York, NY -- In his State of the Union last night, President Obama hit on four key issues where Demos is engaged and where progress is long overdue: voting reform, the minimum wage, universal pre-K, and higher education. On the bipartisan voting commission, Brenda Wright, Vice President of Legal
Press release/statement
After a campaign season marked by climate silence, the President’s inaugural call for action on climate change left hope that the administration was serious about making climate a priority. And, there were parts in last night’s State of the Union that were promising, beyond the simple fact that he
Blog
J. Mijin Cha
Heather McGhee discusses the racist strategy behind austerity economics.
In the media
High unemployment and underemployment forced one in four Americans to pull money out of a retirement plan to make ends meet. ... A separate study on credit-card debt done by Demos, which surveyed some 997 households, warns that middle-income households of those nearing retirement are running up huge
In the media
Gregory Bresiger
Here’s another reason why income inequality is so destructive—it’s ruining our planet and increasing the severity of climate change. A new paper from the Center on Economic and Policy Research looks at a novel way to slow climate change: reduce the hours that we work. For reasons that are not
Blog
J. Mijin Cha
Alfred Carpenter, 52, was working for a high-end shoe store in 2007, when the recession put the company out of business. A long-time salesman, Carpenter wasn't worried about getting another job, but then broke an ankle a few months later and ended up in the hospital. With no insurance and a $50,000
In the media
Kathy Kristof
Which is better for a country’s well-being: $10 million spent constructing a jail, or $10 million spent producing a line of smartphones? How about clear- cutting rain forests to produce $10 million in lumber? Or a storm that requires $10 million in repairs?
In the media
The Editors
Image
US Navy military airplanes in formation
One of the main reasons GDP declined was a 22 percent decrease in defense spending. This is not a bad thing.
Blog
J. Mijin Cha

This Explainer explores how the Gross Domestic Product (GDP) is used in measuring our economic growth and whether alternative measures are also needed to provide a more comprehensive outlook of economic progress.  

Research
J. Mijin Cha
Using political power to keep employees from organizing unions can be highly effective. That’s one forceful lesson to draw from the new figures on union membership.
Blog
Amy Traub