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One of the most simplistic fictions is that corporate elites are spearheading a "class war" all on their own, driving down wages to squeeze out higher profits in the name of greed. Of course, that's not actually the way modern shareholder capitalism works. Instead, most CEOs and executives -- and
Blog
David Callahan
Older Americans are disproportionately likely to be in debt. A 2012 Demos survey found that citizens 65 and older typically carried $9,300 on their credit cards, the most of any age group. Debt burdens are increasing, too.
In the media
Myth 1: Most retail workers are teenagers or young adults who do not really need the money
In the media
Stephanie Luce
Rep. Thomas Petri (R-Wis.) on Thursday introduced legislation to provide tax credits and deductions for political donors making small contributions.
In the media
A new report says declining revenues and bad Wall Street deals—not out-of-control spending or generous pension benefits--contributed the most to Detroit’s bankruptcy. The r eport from the left-leaning think tank Demos also accuses Emergency Manager Kevyn Orr of attacking the problem in
In the media
Sarah Cwiek
Image
White houses rooftops
We should favor herding Americans back to the cities through whatever policy measures will achieve that goal.
Blog
David Callahan
There's been a lot of debate lately about whether Americans are starting to favor cities over suburbs in significant numbers. Every city I visit -- most recently, Lincoln, Nebraska -- I see new housing going up in downtown areas, and it's said that Millennials prefer the walkability and diversity of
Blog
David Callahan
Come Black Friday (which for many big retailers has become a two-day affair starting on Thanksgiving), Walmart will again be facing strikes and protests from workers upset with the corporation's low pay.
In the media
Pat Garafalo
(NEW YORK) – Today, the Senate voted to put an end to one aspect of Washington’s gridlock by changing the rules governing the use of the filibuster for executive-branch appointees and most judicial nominations. Senate Republicans most recently filibustered three qualified judicial nominations to the
Press release/statement
Thanksgiving time at Wal-Mart is the public relations gift that keeps on giving for the labor movement.
In the media
Matthew Fleischer