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The case for raising the pay of low-wage workers usually focuses on the here and now: The biggest low road employers have plenty of profits to spare and sharing them more equitably with their workers would do a load of good, including for the economy as a whole by stimulating more spending and
Blog
David Callahan
Academic research backs up what most Americans already suspect: collectively, policymakers are playing hard for Team 1%.
Blog
Adam Lioz
The Wall Street Journal’s opinion page is often an exercise in how to completely misinterpret policy and/or data. Monday’s attack on Hillary Clinton’s speech on the impact of the Supreme Court’s decision in Shelby County is no exception.
Blog
J. Mijin Cha
Many Americans in these cash strapped times can relate to incurring an overdraft fee or bouncing a check. Ii's happened to nearly all of us and, mostly, we don’t expect it to impact our financial choices for the next five years to seven years.
Blog
Ilana Novick
College graduates with student loans accumulate less lifetime wealth than their debt-free classmates, according to a study released this month.
In the media
Christine DiGangi
Raising the pay of low-wage workers is becoming one of the top priorities of the progressive movement -- and a crucial test of that movement's strength. If Occupy Wall Street was a sprawling, diffuse howl against the new Gilded Age, the push to raise wages for retail and restaurant workers is a
Blog
David Callahan
About two-thirds of the 20 million people who attend college every year borrow money to do so. We’ve heard a lot about how growing educational debt loads — the average student borrower now graduates owing $26,600 — can be a detriment to someone just starting out in life, and to the health of the
In the media
Martha C. White
“Whatever executive authority I have to help the middle class, I’ll use it,” announced President Obama in last month’s landmark economic address in Galesburg Illinois. Now consensus seems to be building around one thing President Obama can indeed use his executive powers to do to boost hundreds of
Blog
Amy Traub
For decades, the dictators of the Middle East basically gave the following rap to any westerner who questioned their tyrannical rule: You may not like us, but we're better than the alternatives. We're better than a democratic government that will inevitably be hijacked by Islamists. And we're better
Blog
David Callahan
In the wake of the Detroit bankruptcy, there has been no shortage of finger pointing, blame, and calls for “shared sacrifice.” On a personal note, I love hearing the phrase “shared sacrifice” because what usually follows is a lot of sacrifice that is rarely shared. And, the case in Detroit is no
Blog
J. Mijin Cha