NEW YORK, NY – In response to the “Better Deal” proposal that Congressional Democrats laid out today, Tamara Draut, Vice President of Policy and Research at Demos, released the following statement:
Without the Consumer Financial Protection Bureau, lenders preying on communities of color would continue to pull in windfall gains, while widening the racial wealth gap and undermining the precarious financial stability of vulnerable households.
July 21, 2017 (New York, NY) – In honor of the sixth anniversary of the creation of the Consumer Financial Protection Bureau (CFPB), Tamara Draut, Vice President of Policy and Research, issued the following statement.
Black students are far more likely to take on debt for a degree than white students, and young black households have more student debt despite fewer educational opportunities and a more uncertain payoff in the job market.
Data show pocketbook issues including minimum wage, debt-free college and infrastructure are top priorities for likely voters
Today, Demos, a leading progressive think tank released new polling data that identifies the economic priorities of progressives, working-class people of color, and working-class white Obama to Trump voters. The polling sheds light on the shared top priorities for these voters including revitalizing infrastructure, raising the minimum wage and debt-free college.
“We think of education funding, particularly at the state level, as a spending issue, but it’s myopic,” said Mark Huelsman, a senior policy analyst at Demos, a left-leaning think tank. “There are all kinds of second order effects to investing in education — homeownership or wealth building is certainly one of them. If you don’t spend the money on students now and that means that they’re less likely to go to college or they’re more likely to take on debt, that is going to impact their future economic activity.” [...]
Washington, DC – Today, Demos, Every Voice, People for the American Way, and 23 other organizations sent a letter to the Senate Judiciary Committee opposing John Bush’s confirmation to the United States Court of Appeals for the Sixth District and Damien Schiff’s confirmation to the Court of Federal Claims. The organizations opposed Bush and Schiff due to their troubling views on the issue of money in politics.
This week we're bringing you a deep dive into how an intersectional approach to money in politics brings new voices to the movement and helps those who are most harmed by big money politics take a stronger leadership role within the movement to stop it.
“It’s clear that the exact cohort that they were tracking has gone through a fairly tumultuous young adulthood,” said Mark Huelsman, a senior policy analyst at Demos, a left-leaning think tank.
Amy Traub for Demos: If you want to make crime pay — and get a lighter penalty if you're caught — you're better off cheating your employees out of their fair wages than trying to nick the latest video game console or pair of designer shoes off the shelves of your local retailer. [...]
This difference stems largely from the historical advantages built into whiteness, and the severe historical economic cost of blackness. Many of these advantages were covered in the Demos and IASP report titled "The Asset Value of Whiteness."
If you want to make crime pay—and get a lighter penalty if you’re caught—you’re better off cheating your employees out of their fair wages than trying to nick the latest video game console or pair of designer shoes off the shelves of your local retailer. That’s the conclusion of my new Demos research brief, The Steal. And no, it’s not a how-to for aspiring criminals.
The American Society of Civil Engineers gives America’s infrastructure a D+ grade. No doubt, if they focused on just the infrastructure serving majority African American communities, America’s “black infrastructure” would receive a failing grade. A key purpose of racial segregation is to allow the dominant group to under-invest and under-develop the infrastructure serving the minority group. [...]
Employers’ growing interest in helping workers pay back their student loans “reflects that many, if not most, workers entering the workforce have to contend with their student loans,” said Mark Huelsman, a senior policy analyst at Demos, a left-leaning think tank. [...]
New York, NY - With the House of Representatives poised to vote on H.R. 10, the Financial CHOICE Act, Amy Traub, Associate Director, Policy and Research at Demos, issued the following statement:
It's time to recognize that in a world where most students must borrow for a credential, borrowers should receive the same failsafe protections on these loans as they do on any other consumer loan.