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According to a recent study, Gen X and late baby boomers are on track to replace only about half of their current income when they reach retirement — which means they’ll need to seriously downgrade their lifestyles. Most financial planners recommend replacing, at the very least, 70% of one’s income.
In the media
Laura Shin
Next month the Obama Administration will begin a nation-wide campaign to encourage low-income Americans to take advantage of the health insurance options that will come with the Affordable Care Act's Medicaid expansion. Sounds like a great idea, right? A long overdue publicity campaign for an
Blog
Ilana Novick
The Nation has an interesting cover story this week by a young radical named Bhaskar Sunkara, an editor at In These Times and a founder of Jacobin, a new neo-Marxist magazine. Sunkara's basic point is hard to argue with and it boils down to this: liberalism won't get far without a radical movement
Blog
David Callahan
It was just yesterday that I wrote about why Democrats and Republicans alike should be able to get behind bigger investments in infrastructure. One point I made is that it's cheaper to fix small problems now than big problems later.
Blog
David Callahan
Republicans and Democrats may never see eye-to-eye on certain types of government spending, such aid for the poor. But bipartisanship is more possible when it comes to other roles for the public sector. For instance, as I noted here a few weeks ago, President Obama's new federal initiative to map
Blog
David Callahan
The latest version of immigration reform proposes a long and winding road to citizenship, including a "Registered Provisional Immigrant" status nearly 11 million immigrants will fall under should the bill pass. Many of those 11 million new almost-Americans will need access to the same kinds of
Blog
Ilana Novick
Today, 23 May, is the annual general meeting (AGM) of financial speculator Goldman Sachs, the archetypal villain of the global economic meltdown, bailed out by US taxpayers to the tune of $5.5bn.
In the media
Deborah Doane
At a time when the mere phrase “high-frequency trading” makes some investors queasy, Brazil’s stock exchange is putting out the digital welcome mat. [...] Wallace C. Turbeville, a senior fellow at Demos, a research group in New York, said most offers made by high-frequency trading firms were
In the media
Dan Horch
Nathaniel Popper
Most people don't think about them until they're gone. They pick up your trays at the food court and empty the trash bins at the National Air and Space Museum. They make uniforms for the military and drive truckloads of federally owned goods. In other words, they quietly keep things running smoothly
In the media
Emily Deruy
In response to today’s White House announcement of intended appointees to the Presidential Commission on Election Administration, Demos President Miles Rapoport released the following statement.
Press release/statement