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Here’s a very real impact of climate change: as hurricane season approaches, New York City- a region that never had to worry about hurricanes before- is assessing whether it would be ready for another storm. Prior to 2011, the city never worried about hurricanes because it was well outside hurricane paths. After Irene in 2011 and Sandy in 2012, that reality has changed.

Kansas governor Sam Brownback is on a mission to repeal income taxes, and he seems to be suceeding, mostly by claiming to be supporting small businesses and families -- while at the same time draining the very programs, like education and health care, that the state depends on for its well-being and future prosperity. 

With a contracting retirement income system, rapidly rising health-care costs, and the prospect of long-term care expenses, one would have thought that people approaching retirement would be paying off their credit card debt and closing out their mortgages.  But surveys suggest that people are entering retirement with more debt than ever before and relying on borrowing to cover expenses in retirement.

Around the world, wealthy countries might be creating jobs but they’re worse jobs that pay lower wages and offer fewer benefits. In the United States, one of the largest employers of low-wage workers is Walmart. About 1.4 million Americans work for Walmart — the company has about two million employees worldwide. And the average hourly wage for a Walmart associate? An estimated $8.81 an hour.

(New York, NY) – In light of Walmart’s illegal retaliation and intimidation tactics against the members of the Organization United for Respect at Walmart (OUR Walmart), who recently announced their plans to strike for better work place practices, Demos Vice President of Policy and Outreach Heather McGhee issued this statement in support:

Worried about your ability to set money aside for retirement? You should also worry about what happens to the money you do manage to put away. According to a report from Demos, the typical two-earner family with an employer-sponsored account will end up paying some 30 percent of its retirement nest egg – a total of $155,000 – to Wall Street money managers in 401(k) fees and charges.

Imagine that you're trying to make an extremely complicated decision. You want to understand the facts and do the right thing. At one ear, you have someone -- perhaps a former colleague -- who whispers you highly detailed advice six times a day, cajoling and pleading. At the other ear, is someone who whispers you advice only once or twice a week.

Who are you more likely to listen to? 

Housing prices are coming back and consumers—feeling flush now that their home equity is rebounding—are more confident than they've been in four years. The American middle class is finally getting back on its feet after a half decade of trauma, right? 

Well, not exactly. 

Progressive organizations in New York City and Washington, D.C. rail a good amount against big banks. But not enough of those organizations have cut themselves off from those "too-big-to-fail" institutions to join, say, the Amalgamated Bank (AB), a bank which does not have a history of scandals and scams that banks like Bank of America, Wells Fargo, and JPMorgan Chase do.