Last month, the White House introduced a program that would effectively overhaul the tax code and, as Robert Kuttner put it, "locked [Obama] in as a defender of social insurance and working Americans." The five-pronged tax plan would cut rates and inefficient and unfair tax breaks, increase investment and growth in the United States, reduce the deficit by $1.5 trillion over 10 years and -- most contentiously -- institute the "Buffett rule."
Washington, DC-Just after President Obama's speech to a joint session of the US Congress on his new plan to stimulate job growth entitled "The American Jobs Act," the national policy center Demos published a point-by-point analysis of the plan. Based on the deep economic troubles facing this nation, including widespread joblessness and stagnant or declining wages, the Demos analysis concludes that the President's plan is a good start, and tells the right story about how to get the economy moving again.
With unemployment above 9 percent, creating more jobs is an urgent priority for the United States. But it is difficult to have a sensible debate on how to spark job growth given the myths and misinformation that surround this issue. Specifically, many political leaders and analysts wrongly point to three culprits in explaining weak job growth: government regulations, the new healthcare law, and taxes. None of these explanations hold up under closer scrutiny.
Oregon's middle class is fraying, with well-paying jobs in short supply and the cost of raising a family dramatically increasing. That's the assessment of a major report released today by the Oregon Center for Public Policy and Demos, a New York City-based research and advocacy institute.
"The American Dream is vanishing before our eyes," explained Demos Distinguished Senior Fellow and former NY Times columnist Bob Herbert. "Sadly, Oregonians who work hard and play by the rules can no longer expect to provide a decent life for their families."
The biggest domestic policy failure has been the refusal of top officials in the White House and in Congress to recognize the severity of the employment crisis that has settled like a plague over American workers.
A commission appointed by the Massachusetts legislature is considering the creating a state Partnership Bank to boost the local economy by increasing community development lending.
WASHINGTON DC-- In the wake of an austerity debt ceiling deal that will cost 1.8 million jobs in 2012 and do nothing to address inequality and the decline of the American middle class, today the Rebuild the Dream Campaign – with the support of partner organization Demos – announced a new Contract for the American Dream.
With 25 million people still unable to find full-time jobs and unemployment insurance close to running out, it's shameful that Republicans in Congress waged ideological warfare over what is typically a pro forma exercise of the Congress.
New York, NY-- Recent comments made by President Obama about the threat of budget negotiations stalling crucial social security payments have highlighted the growing pain felt by America's seniors. A new report "From Bad to Worse: Senior Economic Insecurity On the Rise," from the Institute on Assets and Social Policy and national policy center Demos, underscores how seniors have too few resources and too little time to plan for a fulfilling retirement.
Why a Massachusetts Partnership Bank will generate new revenue for Massachusetts, save local governments money, and make our small businesses, farms and consumers less vulnerable to cutbacks in lending in our state.
Insurers justify the use of credit screening for insurance purposes by pointing to internal industry data showing that, on average, people with lower scores are more likely to make an insurance claim. The problem is, they don’t have a convincing explanation for why people with poor credit tend to make more claims.
New York, NY – Today,as Congressional battles threaten the future of the Consumer Financial Protection Bureau, the national policy center Demos published a new report that shows how failures of the credit reporting system — and the increasing use of the system's credit reports and scores for non-lending purposes — are having outsized and damaging effects on Americans' economic health.
This report reveals the extent of credit information “mission creep,” examines troubling shortcomings in the for-profit credit reporting industry, and recommends common sense steps to reform the credit reporting system.