“The government has not asked questions of the banks for this latest bailout—protecting the priorities of banks and shareholders. But for the rest of us, not so much.”
Since this country’s founding, Black and brown women have been America’s safety net. Both at home and abroad, our underpaid and unpaid labor are the building blocks that allow America to thrive.
In 2016, a report from the progressive think tank Demosfound that most campaign dollars in local elections were coming from contributors who are white, male and high-income.
“It’s a lot of debt out there. But that debt and the burden of that debt is not necessarily being felt equally. It’s extremely difficult for borrowers of color in particular."
"Unions are what sent my cousins to college, they're what helped us go on vacation, they're what made sure that when there were hard times my family still had jobs."
“We think of education funding, particularly at the state level, as a spending issue, but it’s myopic,” said Mark Huelsman, a senior policy analyst at Demos, a left-leaning think tank. “There are all kinds of second order effects to investing in education — homeownership or wealth building is certainly one of them. If you don’t spend the money on students now and that means that they’re less likely to go to college or they’re more likely to take on debt, that is going to impact their future economic activity.” [...]
Black students are far more likely to take on debt for a degree than white students, and young black households have more student debt despite fewer educational opportunities and a more uncertain payoff in the job market.
Without the Consumer Financial Protection Bureau, lenders preying on communities of color would continue to pull in windfall gains, while widening the racial wealth gap and undermining the precarious financial stability of vulnerable households.
To succeed in 2018 and 2020, Democrats need to run campaigns that actually motivate people to get out and vote, especially 20-somethings and struggling people of all races.
That means running unapologetically on the belief that inclusion and diversity is our nation’s strength, that government can and should ensure opportunity and a decent standard of living for its people and that democracy should work for the people, not just the wealthy and corporations.
f the Trump Commission uses the data it says it wants to use, it will target this group of citizens with false allegations of illegal voting. We must fight against the purges of these voters, because in America, it is assumed that there are no two classes of citizenship, regardless of what the current President believes.
That kind of polarization may only intensify in coming years. In a blog post today at Demos, a left-leaning think tank, Sean McElwee points out that young Democratic primary voters and donors are both more liberal than other democrats their age and more liberal than older primary voters and donors. All of that means that the Democratic party will soon be pulled further left, McElwee predicts. [...]
It’s worth noting, first of all, that black and Hispanic college students are more likely to have to borrow to pay for a college education and that they end up having to borrow more money to cover college costs. A study from Demos analyzing federal data found that 86 percent of black students and 87 percent of Hispanic students got loans to attend private universities, compared to 72 percent of whites.