For hundreds of thousands of low-paid employees of federal contractors, the executive order President Obama announced in his State of the Union address will make a important difference in their incomes and lives.
The Genuine Progress Indicator (GPI) includes 26 indicators to give a broader picture of the sustainability of growth. It is a better measure than GDP.
WASHINGTON DC — Today, Demos applauded Leader Pelosi and Representative Sarbanes for co-sponsoring H.R. 20, The Government by the People Act, new legislation aimed at raising the voices of all Americans in the political process and allowing congressional candidates to run competitive campaigns by relying on small dollar contributions.
“Everyone should have an equal say in our democracy through the principle of one person, one vote—not one dollar, one vote,” said Heather McGhee, incoming President of Demos.
One way to think about politics today is that we have a bunch of public servants making chump change who spend an inordinate amounts of time hanging out with rich people, their noses pushed up against the window of an affluent lifestyle that they can't afford. Bad things happen in this situation.
"Relative mobility" measures how a child’s ranking in the income distribution compares to her parents'. “Absolute mobility” measures how your income compares with your parent’s income.
As more states across the U.S. (and more countries across the world) begin adopting alternative measures they find that while GDP has been increasing, other measures of well-being have remained flat.
U.S. Bankruptcy Judge Steven Rhodes rejected a proposal by Detroit’s Emergency Manager Kevyn Orr to pay off a complex financial deal that was originated in 2005 and turned catastrophic for the city during the recession.
Quite like Hollywood's, the glitterati of the university depends on a semi-translucent support crew. There are papers to grade, lab-rats' necks to snap, low-level requisite classes to teach, exams to proctor, online discussions to moderate, etc. As U.S. college enrollment has nearly tripled between 1970 and 2010, this arduous and quasi-intellectual scut work has accumulated quicker than ever.
Judge Rhodes ordered the city and the banks to renegotiate their settlement which would have paid the banks 75 cents on the dollar. Despite a unanimous city council vote against it, the Emergency Manager is currently pushing the city to enter into another financial deal with Barclays to pay off the swaps termination fees.
NEW YORK — Demos applauds the work of Senator Elizabeth Warren (D-MA) who today introduced The Equal Employment for All Act, legislation that would prohibit the widespread use of personal credit history in employment. The use of employment credit checks is an unjust practice that poses a serious barrier to economic security for many Americans and leads to discriminatory hiring practices against people of color and the long-term unemployed.
WASHINGTON—Today,Senator Elizabeth Warren (D-MA) introduced The Equal Employment for All Act. This legislation would prohibit the widespread use of personal credit history in employment, an unjust practice that poses a serious barrier to economic security for many Americans and leads to discriminatory hiring practices against people of color and the long-term unemployed.
In November, Congress failed to renew the 2009 stimulus provision allocating additional funds to the Supplemental Nutrition Assistance Program (SNAP). This removed a much-needed $5 billion from an already underfunded public program tasked with keeping 47 million Americans from going hungry.
NEW YORK -- In response to the final, approved version of the Volcker Rule, Demos Senior Fellow Wallace Turbeville, aformer investment banker and the author of Demos' recent Volcker Rule explainer and The Detroit Bankruptcy report, released the following statement: