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Here we go again: Home equity lines of credit are on the rise -- with a 16 percent increase forecast this year -- as more homeowners borrow against the value of their homes. The reflexive question might be: Didn't Americans learn anything from the housing bust?
Blog
David Callahan
One of the most profitable corporations in America is having a holiday food drive. Sounds good -- it's the least Corporate America can do for those struggling to make ends meet while big companies rake in record profits and give so little back. But wait... there's a catch. The food drive is for the
In the media
Ralph Nader
Walmart is the largest private employer in the country, and the company's low-wage, part-time business model has an enormous impact on our country's labor, business, and employment climate. The "Walmart Economy" is a disaster for most Americans. That's why we should all be thankful that, during this
In the media
Joe Hansen
Myth 1: Most retail workers are teenagers or young adults who do not really need the money
In the media
Stephanie Luce
One of the most simplistic fictions is that corporate elites are spearheading a "class war" all on their own, driving down wages to squeeze out higher profits in the name of greed. Of course, that's not actually the way modern shareholder capitalism works. Instead, most CEOs and executives -- and
Blog
David Callahan
We've heard it again and again for decades: Raising the minimum wage is bad for small businesses, raising their labor costs and lowering the number of people businesses hire overall. These arguments are front and center again now, as Democrats in Washington push to raise the federal minimum wage and
Blog
David Callahan
Older Americans are disproportionately likely to be in debt. A 2012 Demos survey found that citizens 65 and older typically carried $9,300 on their credit cards, the most of any age group. Debt burdens are increasing, too.
In the media
To the Republican supporters of laws that would treat the poll booth like an exclusive nightclub that asks for photo ID and other qualifications before allowing entry, the answer to why anyone would oppose this is simple: They must not want to vote bad enough.
Blog
Brentin Mock
Rep. Thomas Petri (R-Wis.) on Thursday introduced legislation to provide tax credits and deductions for political donors making small contributions.
In the media
A new report says declining revenues and bad Wall Street deals—not out-of-control spending or generous pension benefits--contributed the most to Detroit’s bankruptcy. The r eport from the left-leaning think tank Demos also accuses Emergency Manager Kevyn Orr of attacking the problem in
In the media
Sarah Cwiek