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Demos Vice President of Policy and Research Tamara Draut issued the following statement: "After two months of deliberations, hearings, and moving testimonies, the wage board created by Governor Cuomo voted yesterday to recommend a wage increase in a series of steps to $15 an hour by 2018 in New York
Press release/statement
The New York fast food wage board today recommended a wage increase in a series of steps to $15 an hour by 2018 in New York City and by 2021 in the rest of the state.
Blog
Amy Traub
Five years ago today, I attended the bill signing for the Dodd-Frank Wall Street Reform and Consumer Protection Act, which promised to restore sensible safeguards and standards for the financial sector so that the devastation of the financial crisis felt mostly by low- and middle-income Americans
Blog
Heather McGhee
While the highest income bracket noticed a drop another source that analyzes the wealthiest one percent found that in 2008, 99 percent voted, which shows that the very peak of wealth controls most of what happens in America.
In the media
Chelcee Johns
Five years ago on July 16, 2010, Congress enacted the Dodd-Frank Act. It promised unprecedented regulation of the financial sector so that the devastation of the 2008 financial crisis that was visited mostly on middle- and low-income Americans in the form of the Great Recession would not be repeated
Blog
Wallace C. Turbeville
This checklist was created in partnership with the Progressive Change Campaign Committee (PCCC) and the American Federation of Teachers (AFT) Debt-free college means all students in America should be able graduate without debt. This big idea would expand economic opportunity, expand America's
Blog
Heather McGhee
Demos President Heather McGhee issued the following statement:
Press release/statement
Entire movements are based around these economic realities: the minimum wage is too low to live on. Eligibility for overtime pay must be broadened so that workers are fairly compensated for all of the time they work. Basic workplace standards need to be improved.
Blog
Amy Traub
Tomorrow, Hillary Clinton will release the names of her top bundlers, wealthy people who have reached the individual contribution limit and therefore volunteer to collect checks from their rich friends to give to candidates in a “bundle.” Many bundlers bring in millions—in 2008, bundlers who brought
Blog
Sean McElwee
The missing link in the inequality debate is not financial stability, but financial domination of the broader economy, what has come to be called “financialization.” Financialization, as a new Demos report demonstrates, is not only measurable by risk and volatility or by the mere expanding volume of
In the media
Wallace C. Turbeville