The explosion of “dark money” spent in the political system in the United States threatens racial equity in the United States making it harder for Blacks and other minorities to gain a foothold in the middle class and fully participate in the democracy, according to a recent report by Demos, a public policy group.
Sec. Hillary Clinton correctly noted the importance of the next president’s power to appoint Supreme Court justices. On no issue is this more true than on money in politics.
Federal Reserve Board Chair Janet Yellen is living in a bubble because the Fed just doesn’t see that. Perhaps the Fed wants to put the brakes on an economy already struggling up a hill on low fuel? Amy Traub, a senior policy analyst at Demos, believes the Fed’s interest-rate hike is a “small step toward slowing down the economy.”
Although the Paris Climate Deal certainly represents a step forward for the international community, there are still many potential pitfalls to addressing climate change. New data suggest that the overwhelmingly white donor class may be one such obstacle.
As the Republican presidential candidates gather tonight, it’s worth noting where they’re debating. Sheldon and Miriam Adelson, the biggest outside spenders in the 2012 election, own the casino where CNN will host the debate, and have been meeting with several of the candidates to decide who to endorse. They’ll certainly be watching tonight.
Last Wednesday a mass shooting in San Bernardino, the 355th this year, prompted a debate about the need for gun control. In an incredibly rare decision, the New York Times ran a front-page editorial calling for gun control.
In light of the terrorist attack in Paris, lawmakers across the country are demanding President Obama shut down our borders and stop the resettlement of Syrian refugees in America, stoking widespread fear about these men, women and children. At this moment, twenty-four governors have announced that their states will not accept Syrian refugees.
The concept of Short-Termism is fast becoming the darling of progressive economic policy wonks. Predictably, the discourse is littered with inaccuracies and half-truths as pundits rush to publish so as not to be left behind. It is time for a serious convening of interested experts to sort through the issues, but none is scheduled. Until one is convened, a brief walk through the weeds is in order.
The second democratic debate is approaching on Saturday, and the American people want to know: if elected, what will the candidates do to get big money out of our democracy?
However generous Amazon's new benefits are, whether employees actually use those benefits will depend a lot on the culture they work in and the social pressures they face.
"Amazon is notorious for its competitive work environment, and simply having access to leave may not be enough if workers feel they will be penalized in their careers for taking it," said Amy Traub, a senior policy analyst at Demos.
Connecticut is poised to undo a signature accomplishment—the Citizens Election Program. Facing budget cuts, some legislators in Connecticut have proposed allowing wealthy donors to, once again, dominate the state’s elections.
Yesterday, voters from coast to coast fought back against big-money politics. Voters in Maine and Seattle resoundingly approved ballot measures aimed at empowering the voices of ordinary citizens in the political process.
Discussion about the working class, who make up the majority of American families and would benefit most from such a raise, has all but disappeared from popular conversation.
How has the rise of big donors affected our policies? In a recent post, political scientist Seth Masket, whose work I deeply respect and have read for years, argues that “what's not happening here is the superdonors skewing American politics rightward.”
His argument is that so far in the 2016 election, superdonors have tended to be Republican, because that’s where the interesting contest is. Here, I have no qualms.
Clinton supports raising the federal minimum wage to $12 per hour. Despite minimum wage hikes by many state and local governments, and by high-profile employers like Walmart and Target, the federal minimum wage remains stuck at $7.25 per hour, the same rate it has been at since 2009. Many advocates of a higher minimum wage, including Clinton competitor Bernie Sanders, want a federal minimum wage of $15 per hour nationwide.
“The financial crisis and the Great Recession and its aftermath are hopefully the most significant economic calamity that this generation will experience,” said labor economist and policy analyst Catherine Ruetschlin, a visiting professor at the University of Missouri-Kansas City [and Demos fellow].
Robert Hiltonsmith, senior policy analyst at Demos, a progressive think tank, expects the positive trends to continue -- even if Tuesday’s survey suggests employers overall aren’t relenting on tough and irregular scheduling demands. “I think it’s a slow burn, but the pressure’s mounting,” he says.
The demonized banking industry must make the case it is morally noble. That may jar some ears, but surely enabling retirees to earn a return on their savings and funding business expansion creating jobs and wealth, improving Americans’ quality of and opportunities in life is morally noble. — Eric Glover, the Washington Times, September 24, 2015
The hyperactivity of the presidential election has raised the level of discussion of financial regulation, at least in terms of noise if not enlightenment. Mr.
But, rising rents may shift that balance—making widows or single senior women particularly susceptible to market trends. And, as one Federal Reserve Bank of Boston report notes, 84% of single senior households—mostly senior women—are financially vulnerable.
That figure is derived from the Senior Financial Stability Index, administered jointly by the public policy think-tank Demos and Brandeis University. The most recent data, from 2011, notes that among single senior women only, 47% were deemed “insecure” in 2011, up from 35% in 2008.