Media

The entire social and fiscal debate ignores this monster of an issue, but it’s only a matter of time. The kids are moving back home when they graduate and can’t find work. Soon, grandma and grandpa are going to be moving in, too. There’s a reckoning ahead that policymakers and the news media haven’t begun to think clearly about — or focus the public on.

As we contemplate the possibly bright future of pre-K laid out in Obama’s state of the union address this year, in which the feds work together “with states to make high-quality preschool available to every single child in America,” along comes a sobering glimpse of what public preschool looks like now. It’s not quite as rosy.

Washington – On Wednesday, May 8 at 9 a.m. EST, low-wage workers from around the country employed in a variety of firms operating under federal contracts, loans, and leases will join Members of Congress, community leaders, and local elected officials to announce the launch of Good Jobs Nation—a new organization of low-wage workers joining together for a living wage and a voice on the job.

BlackRock, Inc., is the largest asset management company in the world, with nearly $4 trillion under management. It is also a major player in the 401(k) business. So it's worth paying attention to the fact that yesterday, BlackRock's CEO, Larry Fink, gave a speech at NYU in which he declared that the 401(k) system is basically a failure.

NEW YORK, NY – With much attention on labor strikes spreading across the country to protest low pay and poor working conditions in the retail and fast food industries, national public policy center Demos releases a new report today documenting a surprising part of the economy where low wages are prevalent. Underwriting Bad Jobs: How Our Tax Dollars Are Funding Low-Wage Work and Fueling Inequality reveals th

For years now, I’ve been asking myself how the federal government justifies charging students nearly 7 percent for loans when banks can get federal funds virtually interest-free (the Fed discount window rate is currently 0.75%).

Here’s one reason why Heritage’s immigration study came out the way it did: one of the co-authors of the study thinks that Hispanics have lower IQs than White Americans.

Murphy suggested two ways out of this trap. One is crowd-sourced fundraising, which is already occurring over the Internet. Murphy stated that his Senate campaign raised $4 million of its $10 million total from donors giving online. That meant he did not have to call wealthy donors to raise 40 percent of his campaign haul.

From The Washington Post, “Federal taxpayers employ more low-wage workers than Wal-Mart and McDonald’s combined, a new study calculates. The report from the consulting firm Demos, set to be released Wednesday, estimates that taxpayer dollars fund nearly 2 million private-sector jobs that pay $24,000 a year — about $12 an hour — or less.”