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Yesterday I wrote about why a tight labor market may not return any time soon to raise wages. But here's another scary thought: What if tight labor markets no longer push up wages like was once the case?
Blog
David Callahan
While the official anniversary of the March on Washington for Jobs and Freedom isn’t until Wed, August 28th, a rally will be held this Saturday, August 24th at the Lincoln Memorial starting at 8 a.m. The rally will be followed by a march to the Martin Luther King memorial. Saturday’s rally is part
Blog
J. Mijin Cha
The Justice Department on Thursday redoubled its efforts to challenge state voting laws, suing Texas over its new voter ID measure as part of a growing political showdown over electoral rights. The move marked the latest bid by the Obama administration to counter a Supreme Court ruling that
In the media
Holly Yeager
A tight labor market is the great conservative answer to the low-wage jobs crisis. If we can just get the economy booming again, the logic goes, wages will rise along with demand for low-skilled workers. Bill O'Reilly told me that earlier today, when I taped a segment at Fox on the economy. Of
Blog
David Callahan
“Demos applauds President Obama for using the bully pulpit to shine a light on the college affordability and student debt crisis facing our nation. While Congress and state legislatures have failed to lead on this issue, the President’s tour promises to help highlight the dangers of tying
Press release/statement

Until about the mid-1990s, debt was the exception, not the rule.

Policy Briefs
The Cato Institute, a libertarian think tank, is pushing the idea that being poor and living on government benefits in America is actually living high on the hog.
In the media
John Michael Spinelli
With today's big higher ed speech, it's becoming clearer what President Obama's most important legacy may be: He could be the guy who finally stopped runaways costs for two of life's biggest necessities: healthcare and higher education. This would be a big deal, because -- quite apart from issues of
Blog
David Callahan
When Walmart broke the bad news to shareholders last week about declining same-store sales and cuts to their profit and sales projections, the company offered a glib explanation. "The retail environment was challenging," asserted Walmart Stores President and CEO Michael Duke. Company executives
In the media
Amy Traub
When Walmart broke the bad news to shareholders last week about declining same-store sales and cuts to their profit and sales projections, the company offered a glib explanation. "The retail environment was challenging," asserted Walmart Stores President and CEO Michael Duke. Company executives
Blog
Amy Traub