A new study trashes most of the conventional explanations—and solutions—for the wealth gap. It’s called The Asset Value of Whiteness: Understanding the Racial Wealth Gap. It’s by researchers at Brandeis University and a public policy group called Demos. [...]
Heather McGhee, president of Demos, a left-leaning public policy organization, said Americans shouldn't be surprised by neither President Donald Trump's executive order on immigration nor his lashing out against the federal judge in Seattle who reversed it.
In a new report, “Asset Value of Whiteness,” Demos and the Institute on Assets and Social Policy take a deep dive into the intrinsic link between racism and capitalism; specifically, how whiteness infests the so-called American dream and renders it inaccessible to anyone who doesn’t meet the pre-selected criteria.
Mark Huelsman is a senior policy analyst who focuses on higher education at the think tank Demos. “In an era of entrenched inequality and lack of upward mobility,” he told me, “the same things that would ding a borrower’s credit — a bout of unemployment, an inability to pay a student loan, an unlucky medical history — are the same things that any private lender would be looking at in approving a new loan.”
[...] According to a new report by the progressive think tank Demos, “student debt is particularly damaging for individuals who struggle to repay their loans. Delinquent borrowers are saddled with fees, penalties and rapidly accumulating interest; borrowers who default on their loans face ruined credit and a debt often several times their original loan balance.”
Trump and his Republican allies are supportive of eliminating funds for cities and "sanctuary" counties, but a recent report from the progressive group "Demos" noted that sanctuaries have protections under the Constitution and local laws.