Henry Ford famously decided in 1914 to pay many of his workers the then incredible sum of five dollars a day, which was substantially higher than the prevailing wage at the time.
Baby boomers are the first generation in American history to be entering retirement saddled with debt, including unpaid balances on credit cards.
The financial crisis in 2008 that sent the economy into a recession crippled many baby boomers’ retirement accounts, forcing many to stay in the workforce or significantly alter their retirement lifestyle plans. Now, the oldest of the boomer generation are receiving Social Security checks alongside notices from bill collectors.
NEW YORK -- With $4 trillion in annual revenue, over 15 million employees and projections to be one of the largest sources of new jobs in the next decade, the retail sector plays a vital role in the economy, wielding great influence over the living standards for many Americans.
Just sixty-one individuals gave $285.2 million to Super PACs in the 2012 elections, contributing the same amount as 1,425,500 small grassroots donors to the major party presidential candidates, according to a new report from Demos and U.S. PIRG.
This report, the fourth in a series, focuses on "the overwhelming influence of a tiny number of wealthy donors."
No doubt the new International Energy Agency (IEA)'s latest World Energy Outlook will be cause for celebration for the fossil fuel industry. In it, IEA points to the strong oil and gas production in the U.S. and predicts that by within a decade or so, the U.S. will become the world's largest oil producer, surpassing Saudi Arabia and Russia. By 2030, North America could be a net oil exporter and, around the same time, the U.S. will likely be energy independent.
WASHINGTON – A new analysis of data through Election Day from the Federal Election Commission (FEC) and other sources by U.S. PIRG and Demos shows that just 61 large donors to Super PACs giving an average of $4.7 million each matched the $285.2 million in grassroots contributions from more than 1,425,500 small donors to the two major-party presidential candidates.
NEW YORK -- Nearly 9 in 10 Americans agree that there is way too much corporate money in politics, and 51 percent strongly agree, according to a new poll released today by the Corporate Reform Coalition. The survey, conducted by Bannon Communications, found overwhelming support for strong, common sense reforms to ensure transparency and accountability for corporate political spending.
The last presidential debate not only continued the silence on climate change, it also advanced the false narrative that we have to choose between economic growth and action on climate change. While the candidates focused on how to keep gas prices down, increase energy independence, and create jobs, they never addressed how we can use our energy plan to fight climate change. By refusing to address climate consequences, both candidates reinforce the idea that we either focus on economic growth or we focus on the environment, but not both.
NEW YORK - As the Supreme Court hears oral argument in Fisher v. University of Texas case challenging the constitutionality of the school’s undergraduate admissions program on Wednesday, October 10, Demos stands with the United States Student Association (USSA) along with hundreds of other community, corporate, military and civil rights leaders, students and other allies in support of diversity in higher education.
In politics, there inevitably comes the dreaded time when politics and politicking run into reality. It is the point at which you can no longer appease two opposing parties and a decision must be made that chooses one party's interests over the other. I imagine politicians hate this moment because it shows their true character, for better or worse.
Wednesday night’s first presidential debate between President Obama and Mitt Romney was live-blogged or live-tweeted by almost every think tank. The depth of the commentary ranged from appearance to proposal. After a little time to process, think tank experts are weighing in with analysis beyond 140 characters.
If there are any truths to hang your hat on in the ongoing debate about the future of American healthcare, it’s this one: Medicare is really expensive.
As part of an event celebrating the National Employment Law Project, I participated in a panel moderated by Bob Herbert, former oped writer for the NYT (an extremely compelling one at that, whose themes were race, poverty, inequality, and justice) and now a senior fellow at Demos (the other panelists were Dorian Warren and Lynn Rhinehart).
America the Possible: Manifesto for a New Economy, a new book from Demos Distinguished Senior Fellow James Gustave Speth, examines the grave and interconnected challenges facing Americans -- joblessness, failing schools, declining health, intractable poverty, income inequality, a poisoned environment, dwindling natural resources, indebtedness, climate change, war – and outlines the urgent changes we must embrace now in order to leave a prosperous, secure and healthy nation for future g
NEW YORK – National public policy organization Demos is joining hundreds of non-partisan groups for National Voter Registration Week, beginning September 24, to help counter attacks on the freedom to vote and ensure that the nation’s elections are free, fair, and accessible. Next week, for the first time ever, concerned citizens across the nation are coming together, pulling out all the stops, to make sure that every eligible voter is registered and able to vote in this critical election year.
A mid-September sunny day in New York City draws those with the day off to go to the parks and laze along the avenues, walking by the workers on call, cleaning up after tourists, holding together a city that always seems held together by the sweat of its massive workforce and a dose of city pride. Beneath the massive Washington Arch, a woman in a wheelchair, beside other men and women in wheelchairs and other prosthetic devices, holds a sign that says, “Occupy Wheelchairs.” The Occupy Wall Street Disability Caucus is holding an assembly to proclaim its presence at Occupy, Year 2.
A study by Demos, a liberal research center, found that a median-income couple that invested in 401(k)’s for 40 years with fees averaging 1.6 percent a year would achieve $354,850 in assets at average savings rates, but only after paying $154,794 in investment fees.