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ALBANY, N.Y.—With the recent indictment of New York politicians like Senator Malcolm Smith and Assemblyman Eric Stevenson, many wonder, can they trust state lawmakers?
"We do a random sample of more than 800 registered voters and our sample looks like the New York electorate both in terms of geography, bipartisan break up, gender, age, income etc. so we do it very carefully to ensure we get a representative sample," said Greenberg. "Voters don't feel really strongly about that legislature and don't have great confidence in them right now."
Americans owe more than $1 trillion in student loans — a total that surpasses credit card debt — but millions who are past due on payments are not taking advantage of a program designed to make their debt manageable.
The federal income-based repayment program reduces an eligible borrower’s monthly payment based on income, and it forgives the loan balance after up to 25 years. Those who owe more than they earn in a year are probably eligible. And those working in public service fields, such as teachers, can have loans forgiven after 10 years.
“I make $1,000 for the store in 30 minutes. But I don’t make $1,000 in a month working there.”
The quote is a paraphrase of a Victoria’s Secret worker. She, like 500 other retail and fast food employees in and around the Chicago Loop, isn’t at work today. They’re all on strike. (Follow #strikefor15 for the latest and photos)
NerdWallet underlies its findings with a report by public policy organization Demos from last summer, which added the further frightening fact that among folks investing in 401(k) plans, a full two-thirds had no idea they were payinganything at all for their 401(k) (which actually makes all of the folks who guessed wrong in NerdWallet's poll look pretty smart by comparison).
According to numbers released by the Bureau of Labor Statistics at the beginning of April, American employers added only 88,000 jobs in March, compared to 268,000 in February. While it's certainly better than losing the same number of jobs, it does very little to reassure Americans still looking for work. Also, while we've had about 30 months of job growth, it doesn't appear to have improved overall incomes.
The advocacy group Small Business Majority is out this morning with a new survey that bolsters efforts to raise the minimum wage.
President Obama ignited the debate earlier this year when he proposed raising the hourly minimum wage from $7.25 to $9, arguing that it would help working families. Congressional Democrats countered with a higher bid, suggesting $10.10. Both proposals would tie the minimum wage to inflation so it keeps up with the cost of living.
A big reason that Citizens United was such a blow to equal democracy is that it enabled corporations to pump money into elections in new and anonymous ways. Even before that Supreme Court decision, though, campaign finance law already included a major loophole that allows for gigantic -- and perfectly legal -- corporate donations to a sitting president or president-elect.