Twenty-seven progressive groups said in a Thursday news release provided to McClatchy that they would join a planned Tax Day protest of President Donald Trump, as liberal activists prepare for what might be the biggest demonstration against the White House occupant since the Women’s March on Washington in January.
If you’re a senior struggling with credit card debt like Green, you’re not alone. In 2012, for the first time, middle-income households headed by someone over 50 years old carried more credit card debt on average than households of people younger than 50, according to the Demos National Survey on Credit Card Debt conducted with AARP’s Public Policy Institute. Half of those over 50 had medical debt on their credit cards, and a third said they used credit cards to finance daily expenses. [...]
To win over and mobilize the public, social justice advocates must articulate what we’re for, not just what we’re against. The American people deserve better than what’s currently on offer from team Trump, but for many, the status quo also falls short. If progressives are to fulfill one of our core principles—the use of public policy to improve the lives of those left out or underserved by the market economy—we need a simple, plausible plan that excites people. Two key components of that plan are Medicare for All and a guaranteed jobs program. [...]
Donald Trump and his billionaire Cabinet are proposing even bigger tax cuts for the wealthy when what we need is a fairer system that allows our nation to meet the needs of its people.
It's one of the biggest financial decisions you'll ever make: choosing what to do with your 401(k) at retirement. That account may be the largest asset you will rely on for income in later life. You could leave it where it is or roll the money to investments inside an IRA. The right decision could give you hundreds of thousands of added dollars over a 30-year retirement. [...]
After a year of strikes and protests there’s a victory for many federal workers demanding that their government to pay them a living wage. President Obama in tonight’s State of the Union address will announce plans to sign an executive order requiring federal contractors to pay workers at least $10.10 an hour. The action affects workers currently earning less and will apply to new federal contracts.
Low-wage, federally-contracted janitors and construction workers will have a new minimum wage of $10.10 per hour, under an executive order announced by the White House Tuesday. Advocates said the full scope of the order, which will be formally announced during tonight’s State of the Union address, remains unclear, but could include hundreds of thousands of employees under future federal contracts. [...]
President Obama's promised executive order to raise the minimum wage for some government contract workers would likely affect less than half a million people and may face legal challenge.
What Obama is hoping is that his relatively narrow move will spur Congress to follow suit for all low-wage workers in the country.
During his State of the Union address tonight, President Obama will announce plans to issue an executive order giving a raise to low-wage workers on new federal contracts, a move that affects thousands of people in the Washington area, the White House says.
Dem Rep. Keith Ellison has been one of the leading proponents of the executive action that President Obama will announce tonight boosting the minimum wage for employees of federal contractors. In an interview this morning, he argued that this move has broader significance than it first appears.
At Fox News, President Obama's push to increase the federal minimum wage for millions of American workers through legislative and executive action is merely a "symbolic" gesture.
President Obama took the podium for last night’s State of the Union Address at a time when mood of the country is sour—toward the president and toward the economy. [...]
Of course, actions speak louder than words. In the speech, Obama announced he will sign an executive order that will force federal contractors to pay employees a minimum wage of $10.10 per hour.
President Barack Obama vowed on Tuesday to bypass a divided Congress and take action on his own to bolster America's middle class in a State of the Union address that he used to try to breathe new life into his second term after a troubled year.
Standing in the House of Representatives chamber before lawmakers, Supreme Court justices and VIP guests, Obama declared his independence from Congress by unveiling a series of executive orders and decisions - moves likely to inflame already tense relations between the Democratic president and Republicans. [...]
A move by President Obama to raise the minimum wage for federal contract workers to $10.10 an hour is partly an act of symbolism and political tactics, but it promises to have a practical impact on the lives of as many as half a million US workers. [...]
When it comes to boosting economic opportunity, President Obama isn’t going to wait for Congress anymore.
In his State of the Union Address last night, the President made a powerful statement about employers’ obligation to reward work -- starting with his own obligation as the executive in charge of millions of federal contracts.
Democratic lawmakers on Wednesday applauded low-wage federal contract workers, saying their months of protest had paved the way for President Barack Obama’s upcoming executive order to raise the minimum wage for new contractors.
As long as there have been markets, people have been driven by greed to make irrational investment decisions. When enough people get in on the action, valuations -- the prices of securities -- go haywire, soaring to obscene heights and then crashing in a shower of crushed dreams.
Chasing performance, taking on excessive risk and selling at inopportune times are all as old as capital markets themselves. What is new is the modern regulatory environment and financial innovations such as high-frequency trading. Is today's stock market the same beast it was 20 or 30 years ago? [...]
As the White House prepares to launch a major economic opportunity effort, record high unemployment among black and Latino youth underscores how essential it is to create job opportunities for young people of color.
The critical issue here is that the ages of 16 to 24 are make or break years for lifelong earning potential. With one out four blacks and 1 out of 6 Latinos under the age of 25 without work, a generation of youth of color risks falling behind.