Is President Obama the scold of black America or its empathetic prophet?
With his remarks at the funeral for the Rev. Clementa C. Pinckney a week ago, Mr. Obama looked out onto a sea of mostly black faces — under the gaze of the nation — and addressed the topic of racism head-on.
“For too long, we’ve been blind to the way past injustices continue to shape the present. Perhaps we see that now,” he said without flinching.
It was a bittersweet moment.
"Debt-free" might not sound as sexy as simply "free," but O'Malley's approach could in fact create a more effective mandate for radically reducing the cost of college in the United States.
Education-loan borrowing among students pursuing an associate’s degree has increased significantly in the past decade, particularly among low-income students. For the 2011-2012 academic year, 55% of students who received Pell Grants and earned associate’s degrees also graduated with debt, according to a 2015 report from Demos, a progressive policy group in Washington, D.C.
“The decline in state funding for state colleges and universities is the main driver of what’s increasing costs,” says Mark Huelsman, senior policy analyst at Demos, a liberal think tank. He’s the author of a 2014 proposal for increasing public higher education funding that he says has drawn interest from several presidential primary candidates.
An analysis of competitive House races in the 2014 midterms by MASSPIRG and the think tank Demos confirmed that such a program could fundamentally change the balance of power in Congressional elections.
The missing link in the inequality debate is not financial stability, but financial domination of the broader economy, what has come to be called “financialization.” Financialization, as a new Demos report demonstrates, is not only measurable by risk and volatility or by the mere expanding volume of financial activities; rather, it should also be measured by how the non-financial economy—the economy of jobs and wages, production and enterprise growth—is increasingly dist
“This view that college pays off and that most people pay off their loans, is narrow and tragically flawed,” Heulsman said in his opening remarks. “This is a crisis of equity, it’s a crisis of opportunity and we’ll argue it’s a crisis for the economy.”
While the highest income bracket noticed a drop another source that analyzes the wealthiest one percent found that in 2008, 99 percent voted, which shows that the very peak of wealth controls most of what happens in America.
...while fast food may be an extreme case, it is hardly the only industry – in New York or nationwide – where front-line workers are underpaid and inequality is metastasizing. In fact, our economy is increasingly built on job growth in the most unequal industries: a trend that concentrates more and more income at the top and makes it even more difficult for working people to share in the benefits of economic growth.
That’s why the push to raise wages won’t stop with fast food –or with New York.
Chanting "$15.00 and a union," thousands of federal contract workers walked off their jobs yesterday, led by the Senate's cafeteria workers who serve Senators their food. They were joined by Senator and presidential candidate Bernie Sanders, and members of the Congressional Progressive Caucus, led by Keith Ellison (D-Minn) and Raul Grijalva (D-Ariz). Sanders announced they were introducing legislation to raise the federal minimum wage to $15.00 an hour.
The implications of a state labor board's July 22 decision to raise the minimum wage for fast-food workers to $15 an hour from $8.75 are clear: Other industries with low-wage workers could find themselves facing a similar pay hike soon.
Next up is likely the retail industry, followed by home care, child care and even adjunct professors, said Amy Traub, a senior policy analyst at Demos, a liberal think tank.
"The patchwork of wage hikes by locality and industry, as well as the falling unemployme
But it is the recent, explosive growth of Uber and other "sharing economy" companies that have attracted the most concern.
HomeJoy recently announced it would shut down in the face of four lawsuits alleging it should treat the people who clean homes on its behalf as employees rather than as independent contractors not entitled to the same workplace protections.
"If a technologist wants to disrupt an industry that has middle-class jobs and replace them with insecure, not-as-good jobs, there has to be a conversation about that,"
What would America look like if donors didn’t rule the world? It’s an interesting question and one worth pondering as the 2016 Presidential campaigns kick off. Available data reveals that donors not only have disproportionate influence over politics, but that influence is wielded largely to keep issues that would benefit the working and middle classes off of the table.
Yesterday was the 50th anniversary of the Voting Rights Act, which has been both sword and shield for racial equity and inclusive democracy. And yet today, the right to vote for millions of Americans is in more danger than at any time since the passage of the law, thanks to the Supreme Court decision two years ago that struck down the most important part of the law and cleared the way for states to enact targeted voting restrictions.
Declining state appropriations for higher ed is responsible for more than three-quarters of tuition hikes between 2001 and 2011, the analysis found. Increased spending on administration and building projects accounts for only about 12 percent of the tuition increases over that time. During the recession, when many states scrambled to cope with shrinking coffers, lawmakers slashed spending on public universities. But appropriations haven't returned to prerecession figures despite an improving economy.