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More and more Americans are spending their golden years racking up debt—a trend that if left unchecked could derail entitlement reform and alter the traditional pattern of wealth being transferred from older to younger generations. For the past several decades, millions of senior citizens have been
In the media
Josh Boak
It's no secret that wealthy people have a lot more clout when it comes to politics and civic life. They are more likely to vote, contact their representatives, belong to advocacy organizations, and -- of course -- contribute to politicians, parties, and PACs. Compared to ordinary folks, many of the
Blog
David Callahan
If the speaker of the Oklahoma House of Representatives gets his way, residents of his state will soon notice a barrage of advertisements promoting the benefits of marriage.
Blog
Brenden Timpe
A new report by Professors Benjamin Page, Larry Bartels, and Jason Seawright presents the findings from one of the first studies of its kind—a study of the political clout and policy preferences of the wealth. Based on a pilot study of Chicagoans with a mean wealth of 14 million, "Democracy and the
Press release/statement
— Speaking of my employer, Demos finds Politico running an op-ed from Columbia Business School professor Charles M.
In the media
Ryan Chittum
Sen. President Donald Williams and 23 other Democratic Senators were cross-endorsed in the 2012 election by both the Democratic party and a third party, but Williams proposed getting rid of the cross-endorsement system Monday because he says it causes confusion for voters. He told the General
In the media
Christine Stuart
HARTFORD -- Connecticut lawmakers are considering allowing early voting during state elections and eliminating cross endorsements by minor parties. Through testimony and remarks submitted Monday to the government administration and elections committee, early voting garnered considerable support
In the media
Bill Cummings
What does $7.5 million buy you these days? If you’re Syngenta Corp, Cargill, or Monsanto it looks like it buys you a legislative rider called the “ Monsanto Protection Act,” that strips federal courts of any authority to halt the planting and sale of genetically modified (GMO) seed crops, regardless
Blog
J. Mijin Cha
The number of Americans age 60 and over in debt is alarming. A recent report by the AARP’s Public Policy Institute and the research organization Demos revealed that Americans over the age of 50 carried substantially more debt on credit cards — an average balance of $8,278 — than those under 50
In the media
Carmen Wong Ulrich
I've been writing about economic inequality for over a decade and, at this point, it's pretty hard to be shocked by new data. But David Cay Johnston has just crunched some numbers that will surprise even the most jaded observers of the widening gap between the Haves and everyone else.
Blog
David Callahan