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.
Black political power is declining in cities across the country, including Oakland, St. Louis, Cleveland and Atlanta — even as African-Americans are gaining majority status in an increasing number of suburbs.
At the same time, African-American emigration to the South has started to weaken Republican control of some deep red states.
The biggest political donors aren’t just wealthier than the median voter. A study from the think tank Demos suggests they also tend to be disproportionately white, male and right-wing.
There's no one reason for the routine neglect of African-American areas, but a study released today by the civil rights advocacy group Demos pinpoints a huge government-access problem in South Florida: Black people, the study says, can't keep up with the deluge of campaign money coming from Miami's cadre of rich lawyers, lobbyists, investors, and real-estate tycoons.
Black people make up one-fifth of Miami-Dade County's population. It doesn't exactly take a Nobel Laureate to see the county hasn't always treated its majority-black neighborhoods with a ton of respect. (See: Beckham, David.)
D.C. politicians are funded by donors who are whiter and wealthier than the constituents they serve, an analysis by the liberal think tank Demos found.[...]
While it comes as no surprise that wealthy people are more inclined to spend on political races, the Demos analysis is the first comprehensive look at the demographics of District campaign contributors in recent years. Analysts matched campaign donors to a voter database used by Democrats that includes race, gender and income.[...]
Amid soaring inequality and stagnant wages, consumers in the United States collectively accumulated a stunning $34.4 billion in credit card debt during the second quarter of 2016 alone, according to a new report from the personal finance website WalletHub.
A Miami-Dade lobbyist [Eric Zichella] on Monday joined the court fight against a ballot item that would sharply limit campaign donations as advocates release a study claiming smaller donors to local races better reflect the county’s diversity.[...]
Federal deficit hawks in Congress, driven by ideology and the campaign donations of, for lack of a better term, millionaires and billionaires, held yet another hearing last week about the national debt — but U.S. lawmakers continue to ignore the debt that is causing real trouble for the nation.
The debt danger Americans should really worry about comes from credit cards and student loans.[...]
Our city governments make decisions that affect us most, yet we know very little about the ways that money influences them. In a previous post I explored new evidence that people of color are not well represented by their councils. One possible reason is the overwhelmingly white municipal donor classes.
A federal judge in Ohio laid out a plan on Wednesday for the state to restore voting privileges for people who were illegally removed from the state's voter rolls over the past five years.
Under the new law, passed by referendum Tuesday, Alaskans who sign up to receive their annual payouts from the state’s oil wealth trust will also automatically be added to the state's voter rolls.
The vote makes Alaska the sixth state to have approved some form of automatic voter registration. Just two years ago, there were none.[...]
Campaign finance reform crusaders on Wednesday lauded a D.C. Council measure that would forbid political action committees from raising unlimited funds in nonelection years and ban businesses from donating to candidates who could influence their contracts with the city.
The “Campaign Finance Transparency and Accountability Amendment Act of 2016” is part of a bevy of bills aimed at increasing the political distance between candidates and businesses in the District.[...]
Anyone who stood in line at a polling place or missed the registration deadline for this year’s general election will tell you: voting in New York is not easy. Even if you make it inside the voting booth, it’s easy to be discouraged when so many races are either lopsided or uncontested.
Imagine a rich person. For most Americans, the image that comes to mind is a wealthy white man. While white men certainly make up a disproportionate share of the wealthy, there is growing diversity among the wealthiest members of society. Given the increasing political salience of racial justice and gender equity, this diversity could have impacts on policy. I find that there are indeed large differences between rich men and rich women (defining that group as those earning more than $150,000 a year), as well as between rich white people and rich people of color.
The D.C. Council is considering a bill that would bar businesses from performing credit checks on job applicants. Supporters of the legislation say credit histories can be inaccurate and indicate little about workers’ character.[...]
“Our research shows poor credit more often tells a story of personal misfortune far more convincingly than one of poor work habits,” says Amy Traub, a senior policy analyst at Demos.[...]
According to the Demos report, credit checks were never intended to be used for hiring.