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The movement has drawn some support from financial circles. Wallace C. Turbeville, a former Goldman Sachs banker who now is a senior fellow at Demos, a public policy research organization in New York, submitted testimony last month for the Senate Banking Committee in favor of more banking regulation
In the media
William Alden
In its May 2012 Plastic Safety Net survey, research and advocacy company Demos surveyed 997 low- and middle-income American households that carried credit card debt for three months or more — and looked at how the recession and the Credit CARD Act of 2009 have affected American households. REPORT
In the media
Marcia Frellick
One of the main reason alternative indicators are important is that they take things that we value on a visceral level, like the environment, and put them into the universal language of capital.
In the media
J. Mijin Cha
By 2007, the top 1 percent of earners took home 35 percent of all income earned in New York state, according to a study done by Demos, a policy research firm based in New York City. That compares with just 10 percent of all income for this group in 1980. Steep declines in skilled manufacturing jobs
In the media
Catherine Curan
Call the cops — your pocket’s been picked. American workers are being ripped off by excessive retirement plan fees — which may force them to work longer or live less comfortably in their golden years, according to a recent study. For the average US household, the high fees drain about $155,000 from
In the media
Gregory Bresiger
Ahead of Rio+20, advocates are coalescing around the idea that we need to change the way we measure what is important to achieve true sustainable development. Currently countries measure economic growth, which is often equated with progress, through GDP. However, growth in GDP is increasingly not
In the media
J. Mijin Cha
A new report from Dēmos, "The Retirement Savings Drain: The Hidden and Excessive Costs of 401(k)s," urges Americans to trade in their old 401(k)s for a new, more efficient retirement model.
In the media
Keiana Greene-Page
NEW YORK— As members of the Class of 2012 join the work force or look to higher education, a new report illuminates the connection between poor STEM (Science, Technology, Engineering and Mathematics) teacher retention rates and young Americans’ chances of being relegated to low-wage, low-skill jobs
Press release/statement
It’s easy to get in over your head when it comes to credit-card debt, and retirees are no exception. According to New York-based research group Demos, those 65 and older from low- and middle-income households carried average credit card debt of $9,283 in 2012, the highest debt load of any age group
In the media
Shelly K. Schwartz
With hidden 401(k) fees back in the headlines, financial advisers say that in many cases it just doesn’t pay to leave your money in these plans—especially once you retire or switch employers. Recent findings from Demos, a research group, include this zinger: hidden fees may claim 30% of your savings
In the media
Dan Kadlec