wealth inequality

A new paper by Martin Gilens and Benjamin Page sheds more light on the influence that elite economic interests have on policymaking and policy outcomes. Building on their previous work, Gilens and Page test the influence different interest groups- average citizens, economic elites and interest...
04/09/2014
Blog
One of the Obama Administration’s proposed fixes for the housing crisis is to up the amount required for a down payment to purchase a home, perhaps even as high as 20 percent of the overall home cost. The logic behind the proposal is that the high down payment requirement will ensure that...
05/02/2013
Blog
As we struggle to fully recover from the Great Recession, it has become increasingly clear that the wealthy not only recovered much more quickly than the rest of the country, they managed to increase their wealth even though most households saw a net loss. A new Pew report finds that during the...
04/24/2013
Blog
A new study from Brandeis University’s Institute on Assets and Social Policy shows a dramatic increase in the wealth gap between white and African-American families from 1984 to 2009. The study is remarkable in its depth, as it followed the same set of families over the 25-year period. The...
03/04/2013
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President Obama is off to a good start in his second term. "We, the people," he pledged in his second inaugural, "still believe that every citizen deserves a basic measure of security and dignity." Amen to that. But as the economy continues its agonizingly slow recovery, his greatest challenge will...
01/28/2013
Blog
  Just a year ago, Occupy Wall Street commanded attention from the media and politicians alike. Yet last night the central concern of that social movement -- one shared by a majority of Americans -- wasn't even mentioned as both candidates and the moderator ducked the problem of economic...
10/04/2012
Blog
If the Great Depression went down in history as the great equalizer (by razing the incomes of the wealthy), the Great Recession may be known for having the opposite effect. According to a new report issued by the Congressional Research Service, the share of wealth owned by the richest 1 percent of...
07/20/2012
Blog
We have written a lot here at Demos about how the 401(k) system as been a total flop, leaving millions of Americans without enough money to retire. Holders of 401(k)s have gotten hit from nearly every direction: hurt by stock market meltdowns, ripped off by high administrative fees, and hurt by...
06/22/2012
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Google "was Occupy Wall Street successful" and you get millions of results. The answer depends on metrics. Was the goal of #Occupy to spur a discussion about income inequity -- no small thing -- or shine a light on perfidy of the banks? Both were undeniable outgrowths of the movement. What didn't...
05/18/2012
Blog
One of the most troubling economic facts of the past few years is that many of the very same people who helped crash the economy saw their fortunes rebound the fastest after the financial crisis of 2008. Meanwhile, the innocent bystanders who had nothing to do with the financial crash -- e.g., most...
03/07/2012
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