Among full-time workers, just 38% of Latinos, 54% of workers aged 25 to 43 and 38% of those in the lowest income bracket have access to a workplace savings plan, according to a report titled “The Failure of the 401(k),” published Wednesday by Demos, a nonpartisan public-policy and research organization that focuses on lower-income Americans.
From the standpoint of voter access and effective administration, the 2010 elections were in many ways a mixed bag. There were a number of troubling incidents that occurred including voter intimidation and threats of vote suppression, and the structural barriers to voting that keep participation rates down were as apparent as ever.
A picture of the current state of the private retirement system, why this picture bodes ill for the future of retirement in the country, and why that system needs reform.
It’s broad allegations of voter fraud like these that are “going to have an impact on voters’ experience at the polls,” said Tova Wang, elections reform expert and Senior Democracy Fellow at Demos, a liberal public policy research and advocacy organization. “We’ve already seen a lot of incidents where allegations are getting tossed about and voter fraud is called an epidemic.
Economic insecurity has become the “new normal” in America. Ten million Americans are out of work, and the vast majority of Americans have seen their incomes stagnate or decline over the past decade. Demos’ extensive research on credit card debt among middle- and low-income households has found that most indebted families go into debt to pay for basic expenses: groceries, utilities, child care, and health care. Simply put, Americans are borrowing to make ends meet.
New York Times columnist Bob Herbert has earned the Levees.org 'Seal of Approval' for his portrayal of the flooding of New Orleans in a recent column about crumbling American infrastructure.
New York Times columnist Bob Herbert has earned the Levees.org 'Seal of Approval' for his portrayal of the flooding of New Orleans in a recent column about crumbling American infrastructure.
For many years, health care costs have been steadily rising. As employers have moved into insurance coverage options with greater out-of-pocket expenses or have stopped providing health care coverage altogether, American families have struggled with the burden of health care costs.
Then came Florida, where thousands of voters confused by Palm Beach County's ballot design in the 2000 elections voted for the wrong presidential candidate, or for two candidates by mistake. The most common error: voters casting ballots for both Democrat Al Gore and Reform Party candidate Pat Buchanan, indicating that they made a mistake the first time. Republican George W. Bush ultimately won the state by 537 votes.
Amidst the fears, voting experts say they want to make sure that those who become poll watchers know the rules of the polling place so legitimate voters are not unfairly challenged.
"We just want to make sure that everyone is clear on the rules -- that voters know their rights, that these groups know what they are and aren't allowed to do," said Tova Wang, Senior Democracy Fellow at Demos.
Eliminating the deadline and allowing same-day registration would boost voter turnout among underrepresented groups and increase overall voting rates, according to Demos, a nonpartisan think tank. Its researchers found that voter turnouts would have increased by 12.3 percent for 18- to 25-year-olds, 11 percent for Latinos, 8.7 percent for African-Americans and 6.8 percent overall if New York State had same-day registration during the 2000 election.
It's time to put a stop to the unfair and arbitrary use of credit reports to make hiring and firing decisions.
Imagine you’re one of the 6.8 million Americans who have been unemployed for more than six months. (Imagine, that is, if you don’t already have the misfortune of being one of them). You receive a job offer that you quickly accept. But it comes with an increasingly common catch: your potential employer wants to check your credit first.
“A lot of their procedures seem to be deficient on their face,” said Scott Novakowski, one of the report’s authors and a fellow with Demos, a New York City-based public policy research group. “Very rarely do we see declines of that size in a state that has been in compliance.”
How the Dodd-Frank Wall Street Reform and Consumer Protection Actwill bring greater security to American consumers, investors and Main Street businesses.
"We've got to deal with the conflicts. If I hire S&P or Moody's to be my consultant and show me how I can do this and that to get an investment-grade rating or [an] even higher rating, they obviously have a conflict of interest there."
"That's right. I think the compensation model... where the issuer pays for the rating is really at the heart of the conflict problem..."
Work by Demos and its partners suggests that millions of low-income Americans can be brought into the political process through proper implementation of an often-neglected provision of the National Voter Registration Act of 1993 (NVRA) that requires states to provide voter registration services to applicants and recipients of public assistance benefits. And the time is ripe to ensure that voter registration is provided at public assistance offices.
Democracy works as intended when all citizens are able to participate and make their voices heard. While the United States has come a long way in expanding the franchise over the past 220 years, barriers to participation still exist and these barriers disproportionately affect low-income citizens. In 2008, the registration gap between low-income and high-income citizens was over 19 percentage points.