However, money still matters a lot, and it probably matters more on the local and state level than it does nationally. As McElwee notes, the donor class has sharply different ideological beliefs than the public at large. For obvious reasons, they tend to resist the tax increases necessary to pay for better services, and tend to support "centrist" austerity derp like the Bowles-Simpson program. In other words, they're more conservative.
Today, the working class are most likely to work as caregivers, retail workers, cashiers, fast food workers, and janitors. How are the working class movements such as “Fight for $15” minimum wage shifting the political and economic landscape? Join the conversation, on the next Your Call, with Rose Aguilar, and you.
About 94% of donors to Emanuel's campaign were white, even though white people comprise just 39% of Chicago's total population, according to the new report, from progressive think tank Demos. Emanuel's donors almost entirely (84%) gave large contributions of $1,000 or more. A staggering 80% of his donors had an annual income of at least $100,000 or more, despite just 15% of Chicagoans making six figures.
Over the last decade, an increasing number of cities and states passed laws limiting the use of credit checks in hiring, promotion, and firing. These laws have been motivated by the reality that personal credit history is not relevant to employment and that employment credit checks prevent otherwise qualified workers with flawed credit from finding jobs, and that unemployed workers and historically disadvantaged groups, including people of color, are disproportionately harmed by credit checks.
In a nutshell: Rahm Emanuel relied overwhelming on large donations from a very nearly exclusively white pool of donors — who also, as further analysis shows, largely live in the same few rich wards of the city (save for non-Chicagoans, as Emanuel also did a lot of fundraising outside the city). Even Garcia's donors were disproportionately white, though to a much lesser extent. "We expected going in there would be some demographic disparities," McElwee told The Week.
When Chicago Mayor Rahm Emanuel ran for re-election in 2015, his opponents accused him of representing the elite in a city starkly divided by race and class. A new analysis of campaign finance data shows that, at least from a fundraising perspective, the mayor’s support did indeed come largely from a narrow band of Chicago’s citizens.
Millions more workers could soon be making more money thanks to overtime changes the Obama administration announced today.
Starting December 1, the regulations being issued by the Labor Department would double the threshold under which salaried workers must be paid overtime, from to $47,476 from $23,660.
This rule is part of the patchwork of changes on the national, state, and even municipal level to raise wages for workers that have small businesses and large corporations figuring out how to balance the books, by either cutting workers or raising prices.
Today, six in ten employers say that they check the credit histories of some or all prospective employees before making final hiring decisions. This traps many jobseekers in a devastating catch-22.
The first platform committee meeting for the 2016 Democratic National Convention, featuring representatives from both campaigns as well as DNC neutrals, took place on Wednesday. Their deliberations will likely feature tough negotiations on a range of issues — a $15 minimum wage, fracking, the legitimacy of giant banks — that were points of contention during the campaigning, helping clarify the political and ideological shift that has taken place in the party since the mid-1990s when Robert Rubin was its intellectual lodestar.
It’s not every day that low-paid workers — cleaners mopping the floors of Washington’s Union Station, vendors selling pretzels at the National Zoo, servers dishing out hot lunch at congressional cafeterias — speak out and win a voice in setting national policy. Yet three years ago, that’s exactly what began to happen.
In May 2013, workers employed by private companies under contract with the federal government came together to form Good Jobs Nation – and walked out on strike in the nation’s capital.
Black political power is declining in cities across the country, including Oakland, St. Louis, Cleveland and Atlanta — even as African-Americans are gaining majority status in an increasing number of suburbs.
At the same time, African-American emigration to the South has started to weaken Republican control of some deep red states.
The biggest political donors aren’t just wealthier than the median voter. A study from the think tank Demos suggests they also tend to be disproportionately white, male and right-wing.
There's no one reason for the routine neglect of African-American areas, but a study released today by the civil rights advocacy group Demos pinpoints a huge government-access problem in South Florida: Black people, the study says, can't keep up with the deluge of campaign money coming from Miami's cadre of rich lawyers, lobbyists, investors, and real-estate tycoons.
More bosses are weighing the credit worthiness of job candidates before making a hire — a practice that some lawmakers say unfairly keeps people with bad credit from landing a job.
On Thursday, the Senate takes up a proposal to restrict employers in most cases from using financial information such as credit scores to decide whom to hire, promote or fire. [...]
When the Labor Department ruled last week that 674 workers in the cafeteria of the United States Senate had been denied their full pay in recent years, the contractor that runs the cafeteria said it was an accident. The workers said it was deliberate.
When environmentalists speak of climate change, they often talk of “future generations.” But generations already here are poised to suffer long-term consequences. Climate change will affect millennials drastically—including in their wallets.
Black people make up one-fifth of Miami-Dade County's population. It doesn't exactly take a Nobel Laureate to see the county hasn't always treated its majority-black neighborhoods with a ton of respect. (See: Beckham, David.)
D.C. politicians are funded by donors who are whiter and wealthier than the constituents they serve, an analysis by the liberal think tank Demos found.[...]
While it comes as no surprise that wealthy people are more inclined to spend on political races, the Demos analysis is the first comprehensive look at the demographics of District campaign contributors in recent years. Analysts matched campaign donors to a voter database used by Democrats that includes race, gender and income.[...]
Amid soaring inequality and stagnant wages, consumers in the United States collectively accumulated a stunning $34.4 billion in credit card debt during the second quarter of 2016 alone, according to a new report from the personal finance website WalletHub.
A Miami-Dade lobbyist [Eric Zichella] on Monday joined the court fight against a ballot item that would sharply limit campaign donations as advocates release a study claiming smaller donors to local races better reflect the county’s diversity.[...]