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New York, NY — Today, Demos, a national, non-partisan public policy organization that studies economic security issues in the United States, announced the launch of the new Around the Kitchen Table online. Published at www.aroundthekitchentable.org, this monthly news journal offers commentary, analysis and fresh perspectives on how national economic trends in debt, assets, education and income play out around the kitchen tables of individuals and families in America.
New York, NY — Today, Demos, a national election reform and voting rights organization, issued the following statement condemning the passage of new restrictive voter ID requirements in New Hampshire, Pennsylvania, Ohio and Georgia. Ohio Gov. Bob Taft and Georgia Gov. Sonny Perdue have already signed the bills, while the bills in New Hampshire and Pennsylvania will arrive at their governors' desks next week.
And much of that debt has been accrued covering everyday items. Seven out of 10 households reported using their credit cards to pay for car repairs, basic living expenses or house repairs, in effect using debt as their "safety net," according to that same study. One out of three families reported using credit cards to cover basic living expenses for on average four of the last 12 months.
Robert Frank, an economist at Cornell University, for instance, found that in counties with the widest income gaps, rates of personal bankruptcy and divorce rates were higher than average.
New York, NY — Today marks the release of a groundbreaking new book; STRAPPED: Why America's 20- and 30-Somethings Can't Get Ahead (Doubleday; On-Sale January 17, 2006), written by Tamara Draut, Economic Opportunity Director at Demos.
Draut argues that "with the possible exception of having a larger array of entertainment and other goods to purchase, members of Generation X appear to be worse off by every measure" than prior generations.
Boston, MA — A Poll commissioned by the National Voting Rights Institute (NVRI) revealed overwhelming support for election campaign spending limits as a way of improving the fairness, honesty and integrity of elections.
According to the advocacy group Demos, the average balance among lower- and middle-income households is $8,650.
"World News Tonight's" special series "Credit Crunch" aims to help you get on the road to becoming debt free.
A fraudulent appraisal "can lead homeowners to borrow more money than their homes are worth, putting themselves at risk of being 'upside down' in a home -- e.g. not being able to sell for a high enough price to pay off their mortgage," according to a briefing paper on appraisal fraud put out by Demos, a New York-based think tank.