In the News

Why America's young are being crushed by debt- and why no one seems to care. First in a new series, "Generation Debt: The New Economics of Being Young". foreclosure. "When we look at the median cost of housing, it used to be 30 years ago that a teacher could purchase a home on their own salary," says Tamara Draut, director of the Economic Opportunity Program at Demos. "Nowadays, it's hard for two teachers to purchase a home on their combined salaries."

Second, read a new report from Demos, a New York-based public policy research group. It found a frightening increase in credit card debt among older Americans. "Conventional wisdom suggests that this segment of the population -- with lifetimes of financial experience, an over 80% homeownership rate and a generational ethos of thrift -- would be immune to the record debt increases of the 1990s," the report notes.

David Callahan explains to's Heather Havrilesky why Americans lie more now than they did in the '50s, '60s or '70s.


Voting rights for ex-prisoners will be the next US suffrage movement, as lawyers, prison advocates, voting rights groups and foundations have recently begun to join forces and take up the cause. Features the case of Hayden vs. Pataki, whose lead plantiff, Joseph Hayden, also runs the NYC Unlock the Block campaign for Demos.