Studies have shown that policy most reflects the preferences of the most wealthy members of society and that those preferences do not reflect the greater public opinion on issues including the economy.
By empowering people who would not otherwise be among an elite Seattle donor class, the Democracy Voucher program fosters the political agency of the people of Seattle.
With only the wealthy funding and communicating with the campaigns of elected officials, politicians are incentivized to make policy decisions that align with their donors’ interests, not those of their broader constituency. But the elite donor class holds views that don’t align with the general public’s, as a 2016 Demos study detailed.
Even before the Equifax breach, the integrity of credit reports was murky at best. A Federal Trade Commission report found that as many as one in five consumers had a credit error from one of the top reporting agencies (Equifax, Experian, and TransUnion). But the fundamental problem isn’t data integrity—it’s economic justice. According to a survey by the think tank Demos, declining credit was associated more with misfortunes and unforeseeable crises than with a lack of financial responsibility.
The Congressional Black Caucus budget should be implemented because it calls for racial equity in future infrastructure and investments; improving public transit infrastructure, noting that people of color are heavy users of it; and school infrastructure, saying that modernized buildings held reduce achievements gaps.
A point that climate change reports often fail to note is climate change will disproportionately harm people of color. People of color are overrepresented in the southern states, in the poorest counties, and among outdoor workers.
Without the Consumer Financial Protection Bureau, lenders preying on communities of color would continue to pull in windfall gains, while widening the racial wealth gap and undermining the precarious financial stability of vulnerable households.
July 21, 2017 (New York, NY) – In honor of the sixth anniversary of the creation of the Consumer Financial Protection Bureau (CFPB), Tamara Draut, Vice President of Policy and Research, issued the following statement.
Washington, DC – Today, Demos, Every Voice, People for the American Way, and 23 other organizations sent a letter to the Senate Judiciary Committee opposing John Bush’s confirmation to the United States Court of Appeals for the Sixth District and Damien Schiff’s confirmation to the Court of Federal Claims. The organizations opposed Bush and Schiff due to their troubling views on the issue of money in politics.
The California legislature is pushing its own ambitious legislation, and is one of several Western states teaming up with Canadian provinces to collaborate on climate solutions. Many now see New York, and the CCPA in particular, as presenting the next opportunity for promising state-level action.
New York, NY - With the House of Representatives poised to vote on H.R. 10, the Financial CHOICE Act, Amy Traub, Associate Director, Policy and Research at Demos, issued the following statement:
Tuesday, May 23 (NEW YORK, NY) – Tamara Draut, Vice President of Research and Policy at Demos, a New York-based public policy organization and think tank, issued this statement following the unveiling of President Trump’s full budget to Congress:
“The deeply alarming budget released by the Trump administration today would wreak havoc on working- and middle-class people, including many of the very people who sent him to the White House, by cutting services and programs that support our most vulnerable communities.
New York, New York — Today, Demos, Every Voice, People for the American Way, and 21 other organizations sent a letter to the Senate Judiciary Committee opposing Judge Amul Thapar’s confirmation to the United States Court of Appeals for the Sixth Circuit. The organizations called into question Judge Thapar’s troubling record on money in politics, noting that they are deeply concerned with the growing role of big money in American politics.
Investing in a rapid transition to 100% renewable energy and clean transportation, while protecting environmentally vulnerable communities from the worst effects of climate change, comprise what is arguably the most important fiscal choice we have to make as a country over the next decade.
Donald Trump’s election came at the worst possible time in so many ways. In a spectacular litany of truly awful aims, including mass deportation of undocumented immigrants, repealing Obamacare, retracting federal oversight of abusive local policing, undoing Obama-era banking reforms, and much more, where does one begin to describe the damage he and the Republican Congress could do? But the threat Trump poses to our environment and particularly to our ability to escape the worst impacts of global warming is unparalleled.