We all have to grow up, whether we want to or not. The Toys 'R' Us announcement that it is closing its U.S. stores should be a pivotal moment in the maturation of how we as a nation think about wealth and debt, and the rules that make it possible for companies and communities to be resilient.
[T]he pain of retail sector hemorrhaging will be most severe for Black workers considering retail is the second largest Black population employer. Nearly 12 percent of retail workers are Black – close to their overall population ratio. And 54 percent of Black retail workers are supporting households, according to think tank Demos, the highest proportion of any demographic group in that sector. Black retail workers also suffer the highest poverty rates.
The Bill of Rights has been a central touchstone for Americans throughout history, especially when faced with existential challenges to the legitimacy of American government.
Trump’s recent comments against immigrants from El Salvador, Haiti and Africa are indeed shocking but remember, they are not inconsistent with his policies.
As the Trump Administration takes the unprecedented action of de-legalizing nearly a million residents, a Clean DREAM Act with TPS is urgent—leaders of both parties in Congress must act.
The increased economic anxiety among black and Hispanic workers is not surprising when considering the fact that working-class workers of color tend to be paid less on the job and, therefore, hold less wealth.
This report presents findings on the use of public transit by people of color and on the potential jobs benefits that people of color can gain from investments in public transit.
A 2013 survey by Demos, a public policy organization that combats inequality, showed that 10 percent of respondents who were unemployed had been informed that they would not be hired because of some facet of their credit history. The same survey indicated that 1 out of every 7 job applicants with “blemished credit histories” had been told they were not hired because of their credit history. [...]
This Tuesday’s election was a mandate for inclusive democracy. Black and Latino voters turned out in record numbers to defeat candidates endorsed by Trump, who ran on his platform of fear and exclusion.
Democrats have all kinds of ways of addressing this problem. One would be to cultivate the class identity of white voters by embracing populist rhetoric that paints “the billionaire class” as an out-group they can define themselves against. Another would be to invest more resources into registering nonwhite voters. According to the Census Bureau, 74 percent of non-Hispanic whites are registered to vote in the United States.
Congress’ job is to tell the American people exactly what happened in 2016, take action to prevent similar interference going forward, and hold publicly accountable anyone who acted illegally or simply counter to the public interest.
Employees would likely contribute less to IRA accounts
If the proposal passes, there is a strong indication that U.S. workers will either shift their savings to Roth Individual Retirement Account (IRA) accounts, where contributions are taxed immediately or employees and employers will contribute less for retirement.
Many Americans believe that we have achieved black-white racial economic equality, but the data continue to show that we have a long way to go. For centuries, we have had policies to help white families build wealth at the expense of black families.
Another solution — though one that is often a struggle to achieve — is to unionize, which has worked before in industries like teaching, policing, and manufacturing. “If retail workers were able to organize strong unions across the country, there’s no reason retail jobs couldn’t be good jobs like manufacturing jobs,” Amy Traub, Associate Director for Policy and Research at public policy organizationDemos, tells Bustle.
For those who believe Black people are already equal with white people, any policy that seeks to address anti-Black discrimination looks like an attempt to give Blacks an advantage.