Media

On Thursday, a day on which many New Yorkers were squinting in what seemed like the first full sunlight in months, New York Mayor de Blasio announced at Gracie Mansion that he, along with a number of other leading progressives, was putting forward a vision for how to address income inequality. Speaking first, de Blasio said that the group had come together to formulate a template for how best to conquer income inequality, which, he said, is worse  today than it was at the height of the Great Depression.

Life happens.  We have children to support.  We lose jobs.  Marriages fall apart.  By the time we near our ‘Golden Years’ the nest-egg we may have envisioned may be a lot smaller than we thought and in many cases, not there at all due to heavy debt loads.

Following the announcement that McDonald’s Corporation plans to raise wages by more than 10 percent for 90,000 employees, Demos Senior Policy Analyst Catherine Ruetschlin issued the following statement:

McDonald’s workers deserve this raise and much more.

In the case of for-profits, not only has the government been unable to properly force institutions to account for their behavior, but it has been unable to stop providing the majority of money that keeps these colleges standing in the first place.

Last week, New York City Comptroller Scott Stringer unveiled a new plan to regulate financial advisers, the first of its kind, that tries to protect the average investor from advisers who don’t have to put their clients’ best interests first.

Walmart's short-sighted labor practices and its potential fixes.

“Put some mustard on it.” That’s the advice that Chicago McDonald’s worker Brittney Berry allegedly received from her manager after suffering a scalding burn on her arm from the grill used to make eggs. And this was no minor burn – she was eventually taken to the hospital in an ambulance, and had to miss work for six months.

Wall Street wants to own your education destiny.

To the old saying about “death and taxes,” you can now add another: debt.

In fact, in contemporary America, debt is likely becoming at least as all-encompassing as the other two.

An increasingly powerful force behind the debt explosion is not what you might expect: not cars, not homes, not healthcare. It’s education. [...]

President Obama’s recent comments on universal voting have spurred a debate about how such a policy would influence elections. On the Monkey Cage blog, John Sides examines the partisan consequences and argues that turnout would generally benefit Democrats, but that the effect would be modest.