Sort by

Explore More

Economic inequality in the U.S. can be quantified in all sorts of ways. The 1 percent account for almost 40 percent of the country’s wealth.
In the media
Susan Berfield
( New York, NY) – Today, national public policy organization Demos will release a new report examining the latest CEO-to-worker compensation ratios of the largest publicly traded fast food companies and shows that the fast-food industry has the greatest pay disparity in our economy, with ratios
Press release/statement
David Novak, the CEO of YUM! Brands, which owns Taco Bell and KFC, took home more than $22 million last year after exercising stock options, according to proxy statements. The average full-time fast-food worker, by comparison, would have made about $19,000 on the year. [...]
In the media
Dave Jamieson
(New York, NY) – As shareholders prepare for annual meetings, Demos released a new study today that finds that the fast-food industry has the greatest CEO-to-worker pay disparity in our economy, with ratios exceeding 1,000-to-1. The study finds that the growing disparity within fast-food threatens
Press release/statement
Is reducing inequality a lost cause? It can sure feel that way given what's happened in the past few decades: Like two billion new workers showing up in the global economy ready to work at a fraction of the pay of American workers. Or advances in technology and communications allowing corporations
Blog
David Callahan
A sudden change of fortune for 32,400 Detroit pensioners in the city’s historic bankruptcy — from the threat of draconian pension cuts to a modest reduction in lifetime benefits — could face mathematical scrutiny as the case proceeds, experts say. In just 10 months, Detroit Emergency Manager Kevyn
In the media
Chad Livengood
Dear Mr. President:
Testimony and Public Comment
Project Vote
U.S. Bankruptcy Judge Steven Rhodes last week approved an agreement that has the city of Detroit paying $85 million to escape a disastrous interest-rate swap deal with two banks. Detroit Emergency Manager Kevyn Orr, for one, applauded the decision. “Today’s ruling is a victory for Detroiters that
In the media
Curt Guyette
Vishaan Chakrabarti has a great op-ed yesterday that asks a question that we've asked here before: Why does our government so heavily subsidize the suburbs when urban living makes more sense: environmentally, economically, and culturally?
Blog
David Callahan
It is indeed remarkable that the Detroit’s Emergency Manager Kevyn Orr has agreed that existing pensioners can receive virtually all of their retirement benefits in a startling settlement proposal. Police and fire will receive their entire amounts (minus a portion of cost of living adjustment) while
Blog
Wallace C. Turbeville