In its bombshell of a report “Discrediting America,” the nonpartisan public policy research group Demos sums up the problem for black and Latinos:
Credit reports largely mirror racial and economic divides, with African Americans and Latinos disproportionately likely to have lower scores. In turn, these communities are more likely to be offered high-priced loan products, which may contribute to more defaults, maintaining and amplifying historical injustice.
Pennsylvania's middle class is in jeopardy. Once the home of a thriving manufacturing sector, robust union participation, and an example of smart policy choices and a stable middle class, the state has been caught in a downward spiral that mirrors unfortunate national trends. And though Pennsylvania has weathered it better than most, the Great Recession has intensified this spiral in the Keystone State as well.
Now is the time for citizens, workers, employers, and policymakers to come together once again to rebuild pathways to the middle class, create good jobs with fair pay and decent benefits, and ensure that prosperity is broadly shared for the next generation.
Dear Attorney General Holder,
We are concerned about the restrictive voter identification legislation pending or already signed into law in a number of states.
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Washington's strong and vibrant middle class didn't just happen. It was built brick by brick in the decades after World War II-by the hard work of our parents and grandparents and the strength in numbers that came from the unions that represented them. Unions made sure that as our nation's wealth and productivity grew, so too did the income and benefits of the people who worked hard to create that wealth. For decades, our nation's prosperity was widely shared-wages increased and more employers provided their workers with health insurance, pensions, and paid time off.
The fear of poverty and outliving one's resources is an increasingly common experience among today's senior citizens. For millions of American seniors this fear is justified. In only four years, the number of seniors at risk of outliving their resources increased by nearly 2 million households. Using the Senior Financial Stability Index, economic insecurity among senior households increased by one-third, rising from 27 percent to 36 percent from 2004 to 2008. This steady and dramatic increase occurred even before the full force of the Great Recession hit.
Research
Institute on Assets and Social Policy at Brandeis University
“The middle class is not on the same solid footing that it once was,” said Jennifer Wheary, who cowrote a study on the recession’s impact on middle-class African Americans and Latinos with Brandeis University and the New York think tank Demos.
“If you’re out of work for a long time, you have difficulty paying your bills,” says Amy Traub, coauthor of a June report from the think tank Demos that calls for reform of the credit reporting industry. “If potential employers are looking at credit scores, how on earth are you going to pay your bills then?”
What’s more, the credit bureaus themselves acknowledge there is no proof of a link between a person’s credit report and their suitability as an employee.
"College graduates are less likely to get a job," said Anna Pycior, a spokeswoman for Demos. "If you do manage to get a job, it is getting less and less likely you will be provided with health benefits and you will face the increasingly bleak prospect of a retirement plan.
"All of it while trying to address your $27,000 on average in student debt."
A preliminary analysis of the United States Election Assistance Commission’s (EAC) biennial report to Congress on the NVRA shows the dramatic impact that stepped-up oversight and enforcement of voter registration mandates at state agencies can have in reversing the long decline in registration among low-income and working class Americans. Individual states clearly show the impact of enforcement activity although the data in the recent EAC Report also show that many states continue to ignore their responsibilities.
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The Devastating Impact Of This Right-Leaning, Ideological Court May Only Get Worse
Last week, an HBO film crew was in my Manhattan neighborhood shooting a movie about legendary record producer Phil Spector, now serving nineteen years to life for the 2003 shooting death of actress Lana Clarkson.
Why is it important for civil rights and good government groups to to be granted status as intervenor defendants in a lawsuit about counting prisoners in redistricting?
Because the legislative commission charged with drawing the lines, LATFOR, hasn't exactly been vigorous in defending itself in a lawsuit filed about the issue, they say.
Demos is a national, non-partisan research and advocacy organization headquartered in New York City. Our Democracy Program works with policy makers, advocates and scholars around the nation to strengthen democracy by reducing barriers to voter participation and encouraging civic engagement. We appreciate this opportunity to testify on SB 641, the Same Day Registration (SDR)[i] legislation introduced by Sen. Ron Calderon.
Today's young adults are coming of age in a tough economy, on the heels of 30 years of declining economic opportunity and security for all but the most affluent and most highly educated. These changes are quite evident in Michigan, where the once-mighty manufacturing sector that provided better-than-average jobs in the 1960s and 1970s has eroded, hitting young adults particularly hard.
One longtime liberal voice in Albany, former Assemblyman Richard Brodsky of Westchester, takes a severe view of Cuomo's first months. He thinks Cuomo, who says he hasn't shut the door on running for president in 2016, is playing two sides in the political game.
Today, six in ten employers say that they check the credit histories of some or all prospective employees before making final hiring decisions. This traps many jobseekers in a devastating catch-22.