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As we contemplate the possibly bright future of pre-K laid out in Obama’s state of the union address this year, in which the feds work together “with states to make high-quality preschool available to every single child in America,” along comes a sobering glimpse of what public preschool looks like
In the media
Sharon Lerner
BlackRock, Inc., is the largest asset management company in the world, with nearly $4 trillion under management. It is also a major player in the 401(k) business. So it's worth paying attention to the fact that yesterday, BlackRock's CEO, Larry Fink, gave a speech at NYU in which he declared that
Blog
David Callahan
The average unemployment rate in the first quarter of this year was 7.7 percent. But for African-American workers that rate was 13.6 percent. For Latinos, it was 9.5 percent. And among those who do have jobs, wages are not rising.
In the media
Jim Kuhnhenn
For years now, I’ve been asking myself how the federal government justifies charging students nearly 7 percent for loans when banks can get federal funds virtually interest-free (the Fed discount window rate is currently 0.75%).
Blog
Heather McGhee
Lucila Ramirez, 55, has been cleaning the bathrooms and tables at Washington, D.C.’s Union Station for 21 years. Despite her long record of service, Ramirez says she makes only $8.75 per hour, and receives no benefits or sick days. “I work in a federal building doing work on behalf of the government
In the media
Jillian Berman
Here's an obvious point that often gets forgotten: Who you know makes a big difference in getting a job, and white people are far more likely to have social contacts that lead to employment.
Blog
David Callahan
Here's a new one: Two Republican state legislators in Tennessee are pushing legislation which would penalize parents whose children have less than satisfactory grades by reducing their government assistance up to 30%.
Blog
Michael Jackson
House Majority Leader Eric Cantor really cares about working families. He favors “ common sense legislation to protect workers and make life work for more people” and wants to “ help working parents who are juggling responsibilities at home and on the job.”
Blog
Amy Traub
Murphy suggested two ways out of this trap. One is crowd-sourced fundraising, which is already occurring over the Internet. Murphy stated that his Senate campaign raised $4 million of its $10 million total from donors giving online. That meant he did not have to call wealthy donors to raise 40
In the media
From The Washington Post, “Federal taxpayers employ more low-wage workers than Wal-Mart and McDonald’s combined, a new study calculates. The report from the consulting firm Demos, set to be released Wednesday, estimates that taxpayer dollars fund nearly 2 million private-sector jobs that pay $24,000
In the media
Lauren French