A higher federal minimum wage may be a pipe dream in a stalled Congress but with cities and states increasingly raising their own minimums and more workers protesting nationally, President Obama had to get in on the action. For workers employed by federal contractors only Obama issued an executive order this February raising the minimum wage to $10.10. But is that enough? Some of those workers didn’t think so.
There are lots of things that black people in the US should be protesting right now. High unemployment. The extreme loss of wealth. The gutting of the Voting Rights Act. Gun violence. The entire state of Florida. Yet one of the main things to dominate the news lately is the hairstyle of a particularly famous 2-year old. It’s one of the few things I don’t think we need to worry about.
We live in a populist moment. The Great Recession shattered the myths and lies of the conservative era. Barack Obama’s historic election briefly lifted hopes, but they were dashed in a recovery that still fails most Americans. A young generation, bequeathed unprecedented debt, lousy or no jobs, and a calamitous climate, has every reason to challenge business as usual.
There is a tendency among elite opinion makers to believe that debt accrued while gaining a college degree is "good debt" that isn't problematic because, as the thought goes, those with college degrees tend to make enough money to recoup their debt over a lifetime. Student debt is supposedly an equalizer -- a way for students to gain access to credit in order to get a degree that will give them an equal chance to enter the middle class and achieve the American Dream. Sadly, like many pundit platitudes, this assertion is grounded in fantasy, not fact.
A Capitol Hill veteran who was recently appointed as majority staff director for the House Select Committee on Benghazi, Philip Kiko, has lobbied on behalf of far-left groups heavily tied to and financed by George Soros.
A significant portion of the lobby activities focused on opposing Voter ID laws, which would have required voters to bring photo identification to the voting booths.
Kiko would not be the first Soros-tied investigator in a government probe of the Benghazi attack.
Competition and innovation in bank payments risk being undermined if the system’s new regulator is too heavy handed, a report from Demos Finance warns.
The government is setting up a regulator to ensure new and smaller banks get a fair deal when using larger rivals’ systems. But analysts at Demos worry some actions to address this could backfire, prompting banks to withdraw services rather than comply. The think tank also wants the new regulator to consider potential uses for collecting tax data.
This week, President Obama ordered changes to the federal student loan program that could help millions of borrowers make their payments more affordable starting in December 2015.
Heather McGhee, president of Demos: When Sheryl Sandberg and Jill Abramson—women leading powerful institutions in male-dominated industries—ignite our most robust media conversations about gender equality, we feminists face a quandary. Of course feminists want women who are tantalizingly close to the top to break through, and of course we know that the paucity of women leading our institutions is a glaring symbol of enduring gender hierarchy. But women will not succeed in dismantling one hierarchy by climbing to the top of another.
New data from the Bureau of Economic Analysis shows Maryland had zero growth in gross domestic product (GDP), a standard measure of economic activity and health.
Big news! President Obama announced an Executive Order this afternoon that would extend the protections of Income-Based Repayment to an estimated five million more student borrowers.
Today, I conclude my comment upon the conference, “Erroneous Autonomy: The Catholic Case Against Libertarianism,” held last week and sponsored by Catholic University’s Institute for Policy Research & Catholic Studies, where I am a visiting fellow. Friday, I looked at some of the main themes of the conference. Today, I would like to respond to the criticism that we did not invite any Catholic libertarians to speak at the conference and float some ideas about what can and should come next.
President Obama signed an executive order Monday that could extend student debt relief to an additional 5 million people — a move aimed in part at better educating young borrowers of their rights while jumpstarting a moribund debate on the issue in Congress.
Attorney General Eric Holder announced a plan of action that included requiring local and state authorities whose territory included tribal lands to place at least one polling place in an area recommended by tribal leaders. Holder went on to explain the difficulties faced by Natives trying to participate in elections, which have spurred him and the Justice Department to begin changes to current voting practices.
Walmart has grown from a single store in Rogers, Arkansas, into a massive American institution. It takes in more money per year than most countries produce in GDP. It employs 1.4 million people, or nearly 1 in 100 American workers. Its stores cover 1.1 billion square feet.
There was a lot of pomp and circumstance at Walmart's (WMT) shareholder meeting Friday. In the "pomp" department, over 20,000 of Walmart employees were treated to a star-studded spectacle featuring Pharrell, Robin Thicke, Florida Georgia Line, Sarah McLachlan and Harry Connick Jr., among others.
There was a lot of pomp and circumstance at Walmart's (WMT) shareholder meeting Friday.
In the "pomp" department, over 20,000 of Walmart employees were treated to a star-studded spectacle featuring Pharrell, Robin Thicke, Florida Georgia Line, Sarah McLachlan and Harry Connick Jr., among others.
As the nation’s trillion-dollar student debt continues to rise, a new analysis of public higher education’s funding finds dwindling state support is the key factor driving rising tuition costs and deepening student debt.
All across the country, public services are increasingly outsourced to private contractors in the name of efficiency and cost savings. But a new report from the non-profit research group In the Public Interest (ITPI) shows that outsourcing public services hurts middle and working class communities as well as workers.