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What does the minimum wage really buy a full-time worker? Not a two-bedroom apartment, anywhere in the United States, according the National Low Income Housing Coalition. This study uses the minimum wage for each state, and the Fair Market Price of apartments in each state (which is below the
Blog
Chelsea McKevitt
Owning a home, then equal pay for equal work, and then having a college degree are the three factors that can make the biggest difference in closing the racial wealth gap, which is how non-whites in America are vastly less wealthy than most whites. If blacks and Latinos owned homes as widely as
In the media
Steven Rosenfeld
When discussing race, the conservative argument is best expressed by the famous words of Chief Justice John Roberts: “The best way to stop discrimination on the basis of race is to stop discriminating on the basis of race.” Translation: America has done bad things in its history, but those bad
In the media
Sean McElwee
Catherine Ruetschlin
Owning a home isn't just a fragment of the American Dream, it's the key to it.
In the media
Tanvi Misra
The yawning racial wealth gap in the United States is no accident, but rather, driven by unjust public policy decisions—from the re-segregation of education to the redlining of home ownership to poverty wages, according to a new analysis by Brandeis University and the public policy organization
In the media
Sarah Lazare
When New York State Attorney General Eric T. Schneiderman announced that his office had cut a deal with the three big credit bureaus—Experian, Equifax and TransUnion—to improve the customer experience, the news shook the financial-services world into a frenzy. “In today’s world, the consumer’s input
In the media
Charles D. Ellison
Maybe no economic statistic captures the continuing impact of the nation’s history of inequality better than the racial wealth gap. It has left a yawning gulf that separates whites from blacks and Hispanics. And it persists across income and educational levels in ways that have left whites who are
In the media
Michael Fletcher
Owning a home, then equal pay for equal work, and then having a college degree are the three factors that can make the biggest difference in closing the racial wealth gap, which is how non-whites in America are vastly less wealthy than most whites. If blacks and Latinos owned homes as widely as
In the media
Steven Rosenfeld
If black families had the same opportunitites that white families have to increase their incomes through investments, retirement plans, and other asset-building measures, it would reduce the wealth gap between the two groups by nearly $45,000, or 43 percent, according to a report out Tuesday. For
In the media
Katie Johnston
Next month, the nation’s biggest minimum wage hike takes effect. But its impact could be dulled if the franchise lobby has its way in court.
In the media
Cole Stangler