Despite major gains with the passage of the Affordable Care Act, the United States remains a global outlier when it comes to delivering affordable health care for its people.
Instead of policies and agency practices that divide us by doubling down on the grave inequality created by historic and current discrimination, we should advance policies that repair these rifts and bring us together.
[A]ccording to our in-depth analysis of data from Demos and NCES, black and Hispanic students are paying more when it comes to student loans than white students. [...]
Demos’ new briefing book, Everyone’s Economy, offers an economic agenda that will enable all of us to thrive. Women’s History Month is an opportunity to dig into the ways that a race-conscious, populist economic agenda must elevate women. Over the next 2 weeks, Demos will share a series of blog posts that explore different ways that policy can impact women’s economic opportunity and stability. Today we look at why reproductive justice is vital to women’s economic well-being.
We all have to grow up, whether we want to or not. The Toys 'R' Us announcement that it is closing its U.S. stores should be a pivotal moment in the maturation of how we as a nation think about wealth and debt, and the rules that make it possible for companies and communities to be resilient.
[T]he pain of retail sector hemorrhaging will be most severe for Black workers considering retail is the second largest Black population employer. Nearly 12 percent of retail workers are Black – close to their overall population ratio. And 54 percent of Black retail workers are supporting households, according to think tank Demos, the highest proportion of any demographic group in that sector. Black retail workers also suffer the highest poverty rates.
The increased economic anxiety among black and Hispanic workers is not surprising when considering the fact that working-class workers of color tend to be paid less on the job and, therefore, hold less wealth.
Last year, Americans took over 10 billion trips on public transportation. These were trips to work, to school, to stores, to health care, to places of worship, and elsewhere. For millions of Americans, their quality of life rests on the quality of public transit.
Employees would likely contribute less to IRA accounts
If the proposal passes, there is a strong indication that U.S. workers will either shift their savings to Roth Individual Retirement Account (IRA) accounts, where contributions are taxed immediately or employees and employers will contribute less for retirement.
Many Americans believe that we have achieved black-white racial economic equality, but the data continue to show that we have a long way to go. For centuries, we have had policies to help white families build wealth at the expense of black families.
Another solution — though one that is often a struggle to achieve — is to unionize, which has worked before in industries like teaching, policing, and manufacturing. “If retail workers were able to organize strong unions across the country, there’s no reason retail jobs couldn’t be good jobs like manufacturing jobs,” Amy Traub, Associate Director for Policy and Research at public policy organizationDemos, tells Bustle.
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.