Last year, Americans took over 10 billion trips on public transportation. These were trips to work, to school, to stores, to health care, to places of worship, and elsewhere. For millions of Americans, their quality of life rests on the quality of public transit.
Simply put, black families in the District overall have less wealth and income than white families — and therefore have less ability to give to political candidates. This helps explain why black D.C. residents are underrepresented year after year in political donations.
Studies have shown that policy most reflects the preferences of the most wealthy members of society and that those preferences do not reflect the greater public opinion on issues including the economy.
Chicago, IL – Today, Heather McGhee, president of Demos, spoke during the Opening Session of the inaugural Obama Foundation Summit, a gathering of civic leaders in Chicago. The following are her remarks, as prepared for delivery.
The economy is not the weather. Economic news may come to us like a weather report—the stock market going up or down like the temperature—but it’s not actually unseen natural forces that dictate the way the wind will blow economically.
With only the wealthy funding and communicating with the campaigns of elected officials, politicians are incentivized to make policy decisions that align with their donors’ interests, not those of their broader constituency. But the elite donor class holds views that don’t align with the general public’s, as a 2016 Demos study detailed.
Even before the Equifax breach, the integrity of credit reports was murky at best. A Federal Trade Commission report found that as many as one in five consumers had a credit error from one of the top reporting agencies (Equifax, Experian, and TransUnion). But the fundamental problem isn’t data integrity—it’s economic justice. According to a survey by the think tank Demos, declining credit was associated more with misfortunes and unforeseeable crises than with a lack of financial responsibility.
The Congressional Black Caucus budget should be implemented because it calls for racial equity in future infrastructure and investments; improving public transit infrastructure, noting that people of color are heavy users of it; and school infrastructure, saying that modernized buildings held reduce achievements gaps.
NEW YORK, NY – In response to the “Better Deal” proposal that Congressional Democrats laid out today, Tamara Draut, Vice President of Policy and Research at Demos, released the following statement:
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.
July 21, 2017 (New York, NY) – In honor of the sixth anniversary of the creation of the Consumer Financial Protection Bureau (CFPB), Tamara Draut, Vice President of Policy and Research, issued the following statement.
Data show pocketbook issues including minimum wage, debt-free college and infrastructure are top priorities for likely voters
Today, Demos, a leading progressive think tank released new polling data that identifies the economic priorities of progressives, working-class people of color, and working-class white Obama to Trump voters. The polling sheds light on the shared top priorities for these voters including revitalizing infrastructure, raising the minimum wage and debt-free college.
Washington, DC – Today, Demos, Every Voice, People for the American Way, and 23 other organizations sent a letter to the Senate Judiciary Committee opposing John Bush’s confirmation to the United States Court of Appeals for the Sixth District and Damien Schiff’s confirmation to the Court of Federal Claims. The organizations opposed Bush and Schiff due to their troubling views on the issue of money in politics.
This week we're bringing you a deep dive into how an intersectional approach to money in politics brings new voices to the movement and helps those who are most harmed by big money politics take a stronger leadership role within the movement to stop it.
Amy Traub for Demos: If you want to make crime pay — and get a lighter penalty if you're caught — you're better off cheating your employees out of their fair wages than trying to nick the latest video game console or pair of designer shoes off the shelves of your local retailer. [...]
This difference stems largely from the historical advantages built into whiteness, and the severe historical economic cost of blackness. Many of these advantages were covered in the Demos and IASP report titled "The Asset Value of Whiteness."
The American Society of Civil Engineers gives America’s infrastructure a D+ grade. No doubt, if they focused on just the infrastructure serving majority African American communities, America’s “black infrastructure” would receive a failing grade. A key purpose of racial segregation is to allow the dominant group to under-invest and under-develop the infrastructure serving the minority group. [...]