Beth Simone Noveck and Carl Malamud are pushing the IRS to publicly disclose more data on tax-exempt groups, make it more accessible in electronic form, and to do so more promptly. Count me among the effort’s biggest cheerleaders. If this push succeeds, we'll have a better handle on a key sector in U.S. society—although we'll still be in the dark about crucial details of how nonprofits are funded.
On Monday, Ezra Klein argued that “conventional wisdom on Washington is that corporations win every fight and everyone else — particularly the poor — get shafted" is, wait for it, "wrong, or at least incomplete."
We hear a lot that college "isn't for everybody," but this phrase is typically applied to working class kids—with the suggestion that we should expand opportunities to get vocational training that leads to solid blue-collar jobs.
Of course, though, there are young people across the class spectrum who may not want to spend four years sitting in classes and doing piles of homework. And as I wrote yesterday, the financial downsides of college are higher now than ever.
“Whatever executive authority I have to help the middle class, I’ll use it,” announced President Obama in last month’s landmark economic address in Galesburg Illinois. Now consensus seems to be building around one thing President Obama can indeed use his executive powers to do to boost hundreds of thousands of workers into the middle class: raise their wages.
The case for raising the pay of low-wage workers usually focuses on the here and now: The biggest low road employers have plenty of profits to spare and sharing them more equitably with their workers would do a load of good, including for the economy as a whole by stimulating more spending and growth. But cast an eye out into the future and you'll see an equally compelling case for upping pay: To avoid an unprecedented poverty crisis among tomorrow's seniors.
Here's something alarming to imagine: One day, your investment advisor at Merrill Lynch doesn't show up to his job. No warning, no nothing. He just doesn't show.
When Walmart broke the bad news to shareholders last week about declining same-store sales and cuts to their profit and sales projections, the company offered a glib explanation. "The retail environment was challenging," asserted Walmart Stores President and CEO Michael Duke. Company executives pointed to weather conditions and the January payroll tax increase to justify the disappointing sales, but larger questions about why consumers weren't buying were never addressed.
A tight labor market is the great conservative answer to the low-wage jobs crisis. If we can just get the economy booming again, the logic goes, wages will rise along with demand for low-skilled workers.
Bill O'Reilly told me that earlier today, when I taped a segment at Fox on the economy.
Of course, many progressive economists will tell you the same thing, even if they have very different ideas about how to spur growth and how to share prosperity.
Yesterday I wrote about why a tight labor market may not return any time soon to raise wages. But here's another scary thought: What if tight labor markets no longer push up wages like was once the case?
The Cato Institute came out with a big study recently that argues the familiar point that generous welfare payments undermine incentives to work. The Center for Budget and Policy Priorities promptly replied with a four-page paper rebutting key aspects of the report.
Black and Hispanic retail workers make less than their white counterparts and are presented fewer opportunities to move up the ranks, according to a report released today.
A "racial wage divide" exists among front-line retail workers, such as salesclerks and cashiers, says the report by the NAACP and Demos, a progressive think tank in New York City.
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"I think this is a particularly egregious practice," said Catherine Ruetschlin, a Demos senior policy analyst,
Retail workers — sales clerks, cashiers and stock people — account for one in six jobs in the United States and a large share of the new positions created in the years since the recession. Many of the jobs are low-paying, making retail a major culprit in one of the most difficult challenges confronting the economy: stagnant wages.
Forty-seven years after the Poor People’s Campaign ended, political discussion in liberal activist circles has bifurcated in unnecessary ways. There are separate economic and racial justice movements, and as my Salon colleague Joan Walsh points out, political leaders too often speak to only one or the other. But these movements are different facets of one fight; if black lives matter, surely their economic lives matter too.
The second largest source of jobs for black people in the country is also one of the worst industries to work in. Although big retailers tout their “entry level” positions as a path to the middle class, retail work is built on dead-end jobs that perpetuate racial inequality.
When it comes to equal pay and promotion opportunities, it appears blacks and Latinos are losing out in the retail industry.
Minorities tend to hold fewer managerial roles and suffer from a significant pay gap when compared with white workers, according to a new paper from Demos, a left-leaning think tank, and the NAACP.
African-American and Latino cashiers, salespeople and first-line managers are paid less, are less likely to be promoted off the floor and more likely to be poorer than their white counterparts in the retail industry, a new study showed Tuesday.
The study, done by the NAACP and Demos, a public policy organization, found that in the major jobs held by retail workers, African-Americans are paid the least, followed by Hispanics. They also are less likely to get full-time jobs instead of part-time and are underrepresented in management positions.
When it comes to U.S. retail workers, a new study finds there's a significant wage gap.
According to public policy organization Demos and the NAACP, black and Latino workers are paid less than their white counterparts. (Video via Voice of America)