New York, NY — Americans faced a massive rise in credit card debt during the 1990s, according to a new study released today by Demos. "Borrowing to Make Ends Meet" found that while low-income and elderly Americans have been hit hardest by the debt boom, Americans of all stripes are suffering under the burden of high-interest credit card debt.
A concise executive summary of a report that explores how families are increasingly using credit cards to meet their basic needs. Also examines the factors driving this record-setting debt and the impact of deregulation on the cost, availability and marketing of credit cards.
Using new data, this report explores how families are increasingly using credit cards to meet their basic needs. This report also examines the factors driving this record-setting debt and the impact of deregulation on the cost, availability and marketing of credit cards.
Using new data, this report explores how families are increasingly using credit cards to meet their basic needs. This report also examines the factors driving this record-setting debt and the impact of deregulation on the cost, availability and marketing of credit cards.
New York, NY — Propositions to enact Election Day Registration (EDR) in California and Colorado were defeated yesterday, preventing citizens from gaining the ability to register and vote on Election Day. The promise of EDR is that every citizen, including significant portions of the population that have traditionally been marginalized, have the opportunity to participate in the democratic process.
The following report analyzes public opinion between 1996 and 2001. The report draws on over a dozen suveys commissioned by non-profit organizations, media outlets and foundations, as well as from two regularly conducted academic surveys. The results outlined in this report indicate that while long-standing disagreements about the causes of poverty endure, the public stands united in support of policies to make work pay and improve the standard of working families' lives.
Anyone who has ever been stopped by a state trooper for a traffic violation knows that the computer systems used to maintain motor vehicle records are very technologically advanced. Sitting in their patrol cars, state troopers can instantly access vast amounts of centralized data about motorists. A comparable commitment to maintaining and accessing voter registration records, however, does not exist in most states -- a problem that undermines the effective functioning of American democracy.
This report examines election day registration (EDR), an important reform measure that would help address some of the problems highlighted by the 2000 election. Currently, six states have election day registration - Wisconsin, Maine, Minnesota, Idaho, Wyoming and New Hampshire. As the research presented in this report shows, allowing voters to register and vote on election day helps to increase participation significantly and to ensure that all voters who arrive at the polls can vote.
Washington, DC — Today in the United States, the credit card market is measured on a scale of billions. The amount of debt owed on credit cards in 2005 was $800 billion; $30 billion is how much lenders profit each year. Under the guise of "democratization" the federal government has deregulated the industry over the past 30 years, eliminating caps on interest rates and penalties. Those who can least afford it are paying the price.
In this groundbreaking report, Columbia University professor Mark Gordon grapples with one of the most important questions facing American democracy: What exactly is globalization and how is it affecting the ability of Americans to govern themselves through traditional civic processes? By focusing on the States and federalism, Professor Gordon looks at the area where our democratic processes are now most in flux as a result of globalization.
On June 22 and 23, 2000, Demos convened a national workshop in New York City on “Democracy and the New Federalism”. The workshop was comprised of a diverse group of elected officials, community organizers, researchers, and policy analysts.
In this report, we summarize and reflect on the insights that emerged during the workshop. We hope it will be useful to a wide range of people engaged in efforts to strengthen American democracy.