In the midst of a Twitter feed alight with stories about police being used to shut black people out of places to eat, drink, exercise, and relax, comes a story about Trump’s Department of Housing and Urban Development (HUD) using policy to do the same. The federal government is adding new and significant hurdles to communities of color — particularly black people — being able to access housing.
For the working poor, getting married is hardly a guarantee of ascendance, explains Amy Traub, an associate director of policy and research at the thinktank Demos. She highlights the reality of surviving with low wages, no paid sick leave, no paid parental leave, and no subsidized childcare. Traub’s research shows that a married couple will see their income go down by 14% after they have a child.
Union groups and other campaigners see such moves as an attack on their power to secure higher wages for workers. “[This is] an often low-paid and vulnerable workforce of predominantly women of color who do critical work helping seniors and people with disabilities with daily tasks,” said Amy Traub, the associate director of policy and research for Demos, a public policy organization that has published research on federal government wages. “These rules slash at workers’ ability to join together to improve their jobs”.
The Trump administration’s latest attack on immigrants, a proposed rule that would punish families for accessing public benefits, has rightfully come under fire for its potential to threaten children’s health and impose financial hardship on households and communities.
Today, with health coverage for maternity care threatened, child care costs outstripping the price of college tuition, and nearly a quarter of new mothers forced to return to work two weeks or less after giving birth, we are making it extraordinarily difficult for anyone but the ve
In a recent study, I compared the damage from shoplifting with that from just one form of wage theft, the failure to pay workers the legal hourly minimum.
The children of the New Economy have responded to the economic disparity and social insecurities in our schools, neighborhoods and workplaces with a backlash against government bashing.
In the past 15 years the ramifications of poor credit have grown, as credit score "mission creep" has set in, said Amy Traub, a senior policy analyst with the New York-based think tank Demos and author of the recently released report "Discrediting America." Credit scores determine not just the interest rates paid on material goods, such as a cell phone or car, but also the pricing of utilities and insurance. Approximately 60 percent of employers use credit reports to screen job applicants.
Amy Traub, a senior policy analyst at watchdog group Demos, says that credit-based insurance scores hurt lower-income people more because they are more likely to have lower scores. She noted a study that showed while those with lower scores made more claims because they couldn't swallow the costs, the cost of those claims were not necessarily greater.
In its bombshell of a report “Discrediting America,” the nonpartisan public policy research group Demos sums up the problem for black and Latinos:
Credit reports largely mirror racial and economic divides, with African Americans and Latinos disproportionately likely to have lower scores. In turn, these communities are more likely to be offered high-priced loan products, which may contribute to more defaults, maintaining and amplifying historical injustice.
A combination of escalating student loan and credit-card debt, rising costs, slow wage growth and underemployment have accumulated debt "unmatched in modern history" undermining the economic security and financial health of young Americans aged 18-34, according to a new study.
The report, "Generation Broke: The Growth of Debt Among Younger Americans," was released by Demos, a nonpartisan, public policy group, based on the Federal Reserve's Survey of Consumer Finances as well as dozens of other sources.
“If you’re out of work for a long time, you have difficulty paying your bills,” says Amy Traub, coauthor of a June report from the think tank Demos that calls for reform of the credit reporting industry. “If potential employers are looking at credit scores, how on earth are you going to pay your bills then?”
What’s more, the credit bureaus themselves acknowledge there is no proof of a link between a person’s credit report and their suitability as an employee.
As tuition costs and enrollment rose through the 1990s, grant money did not keep pace, meaning students have been shouldering an ever-increasing share of their education costs. While before, most were able to finance their studies with grants and part-time work, loans are now inescapable for many.
"This generation is the first to shoulder the costs of their college primarily through interest-bearing loans rather than grants," Draut said.