Stacked Deck: How the Racial Bias in Our Big Money Political System Undermines Our Democracy and Our Economy
FOREWORD Dear Readers, Demos means “the people” of a nation, and it is the root word of democracy. Yet the diverse members of our extraordinary American demos have never enjoyed equal access to the rights and freedoms of democracy. Our founders set out the aspiration for a democracy where...
Credit reports and scores have a direct and growing impact on Americans’ economic security and opportunity. Having poor credit can mean a consumer will end up paying a higher interest rate for a loan or a higher premium for car or homeowner’s insurance; have their application for a loan or...
The Retail Race Divide: How the Retail Industry Is Perpetuating Racial Inequality in the 21st Century
This paper examines the differences in retail workers’ occupations, earnings, and schedules to reveal how employment in the retail industry fails to meet the needs of the Black and Latino workforce and, as a result, perpetuates racial inequality. Consistent disparities in labor market outcomes...
In the three decades after World War II, America became the first predominantly middle-class country in the world and our poverty rate was cut in half. Americans experienced what scholars describe as the “Great Compression.” In this era, real average compensation rose nearly one-to-one with...
In today’s competitive economy, nothing is more important than getting a college education. Yet college tuition costs in the U.S. have been increasing at a breakneck pace, making college unaffordable for millions of Americans. In the last decade alone, the average tuition at public 4-year...
Today, taking out loans is the primary way individuals pay for college—a major shift in how our nation provides access to higher education. While concerns about the growth in college costs and student debt are nearly universal, much of this concern focuses on how college debt is impacting the...
Addressing the Racial Wealth Gap with New Rigor Wealth is critical for family financial security and the capacity to build a better life. It can provide a lifeline during hard times, and during good times it can activate opportunities for upward mobility and investment in the...
As the United States rapidly becomes both a more diverse and unequal nation, policymakers face the urgent challenge of confronting growing wealth gaps by race and ethnicity. To create a more equitable and secure future, we must shift away from public policies that fuel and exacerbate racial...
Driving the Vote: Are States Complying with the Motor Voter Requirements of the National Voter Registration Act?
Executive Summary For our democracy to thrive, the freedom to vote must be fiercely protected for all citizens, regardless of class or privilege. Yet, much work needs to be done to ensure our election system works for all Americans, particularly regarding the accessibility and ease of navigation of...
Introduction A fundamental task of government is to enact rules for human interactions. As Adam Smith explained long ago, among the functions of such rules is establishing binding agreements among people, making possible private property and contracts, the essential ingredients of commerce. In more...