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The American dream has become the American debt trap. During the economic downturn, millions of cash-strapped Americans relied on credit cards to pay unexpected medical bills or to weather unemployment. Now, in an economic recovery enjoyed mainly by the wealthy, ordinary Americans can’t earn enough
In the media
Catherine Curan
Fiscal hawks love to remind us that interest payments on the national debt will be a major driver of future U.S. budget deficits. Just last week, the Committee for a Responsible Federal Budget (CRFB) published a doom-and-gloom paper that noted that interest payments were the single fastest growing
Blog
David Callahan
Last week, we talked about the role that outside spending played in the New York City Council race and how of the 20 candidates Jobs for New York supported, 16 won. However, as Mark Schmitt at the New Republic pointed out, over half of the candidates Jobs for New York supported also had the support
Blog
J. Mijin Cha
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Family with their back to the camera
The solutions necessary to revive and rebuild the middle class are not just choices to intervene after decades of standing by – they are also choices to stop intervening in ways that actively promote corporate interests over those of working people.
Blog
Amy Traub
Outside of university classrooms, few know the term “public goods” or appreciate its significance.
Blog
June Sekera
In the wake of the House Republicans 217 to 210 decision to cut food stamps it's worth revisiting how the 2000s were a lost decade for the poor. From the Census numbers released this week: Food stamps were one of the few brights spots in a frayed social safety net. In 2012, one in five Americans
Blog
Joseph Hines
Philadelphia City Council’s Committee on Law and Governance heard testimony on Wednesday supporting charter amendments to extend wage protections for subcontracted city workers. The committee voted in support of the changes and the full Council could vote on it as early as this Thursday. Should it
Blog
Jack Grauer
Weill Cornell Medical College last week accepted $100 million from the Weill Family Foundation to help "translate research breakthroughs into innovative treatments and therapies for patients.” More precisely: A college dean who also served on the board of a big-pharma firm while it defrauded
Blog
Jack Grauer
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President Obama on the phone waving surrounded by staffers
For the back story of why newly announced protections for home care workers is so needed, we have to go back 75 years.
Blog
David Callahan
If you're going to have a raucous, costumed march in New York City, Midtown makes for a great setting. Nurses and HIV activists in Robin Hood hats took the streets yesterday, blocking traffic as they called for a financial transaction tax to fully fund healthcare and other public services. Chants of
In the media
Sarah Jaffe