New York, NY / Washington, DC — Today, Demos: A Network for Ideas & Action, a national economic policy research organization, urges Congress to recognize the fragility of our debt-driven consumer economy when considering the bankruptcy "reform" bill (S. 256/H.R. 685) that has been passed by the Senate and is now under consideration in the House of Representatives. Short of opposing this dangerous legislation, the House should at least include amendments that will protect our nation's families from the most deleterious provisions.
NEW YORK — A new report released today, Home Insecurity: How Widespread Appraisal Fraud Puts Homeowners At Risk, reveals troubling evidence that many American homeowners and buyers are at financial risk from mortgage appraisal fraud. As a consequence, countless homeowners have borrowed more money than their homes are really worth. The report was conducted by Demos, a leading non-partisan, public policy group headquartered in New York City.
New York, NY and Washington, DC — Today, Demos: A Network for Ideas & Action, a national economic policy research organization, urges Congress to halt movement on the bankruptcy "reform" bill (S. 256 and H.R. 685) that will be introduced in the Senate on Monday, February 28, 2005. Congress must recognize of the fragility of our debt-driven consumer economy, and address the economic conditions that have brought about a household debt crisis in America.
Olympia, WA— The national June jobs report showed 200,000 more people joined the unemployment lines. In Washington, unemployment is also rising--as jobs shift rapidly from manufacturing to the service sector--and state tuition/student debt is growing fast. Because of these developments, the state’s low- and middle-income families are particularly threatened.
New York, NY — Today, Demos: A Network for Ideas and Action announces the launch of its new Bankruptcy & Debt Clearinghouse (www.demos-usa.org/debt), an online information center containing key research, data points and analysis on trends in debt, bankruptcy and credit industry regulation in the United States.
New York, NY — Across the United States, families increasingly rely on credit cards to make up for stagnant wage growth and soaring costs. In order to cope, homeowners are depleting their home's equity to pay off a growing mountain of unsecured debt. This is a financial strategy fraught with serious consequences, according to A House of Cards: Refinancing The American Dream, a new report released today by Demos, a nonpartisan public policy organization based in New York.
New York, NY-- Recent comments made by President Obama about the threat of budget negotiations stalling crucial social security payments have highlighted the growing pain felt by America's seniors. A new report "From Bad to Worse: Senior Economic Insecurity On the Rise," from the Institute on Assets and Social Policy and national policy center Demos, underscores how seniors have too few resources and too little time to plan for a fulfilling retirement.
NEW YORK — The economic security of younger Americans is eroding at an alarming pace as a result of slow wage growth, underemployment, rising costs and mounting student loan and credit card debt, according to a new report, "Generation Broke: The Growth of Debt Among Younger Americans," released today from Demos, a nonpartisan, public policy group based in New York City.
Pittsburgh-The newly released national June jobs report showed 200,000 people joined the unemployment lines last month. In Pennsylvania, where the annual unemployment rate is the highest it has been in nearly three decades and state tuition/student debt is on the rise, the state's low- and middle-income families are in danger of disappearing.
A new report, "Under Attack: Pennsylvania's Middle Class and the Job Crisis," outlines these growing challenges facing millions of Pennsylvanians.
NEW YORK — Over the last decade, high interest rate debt among America's seniors has skyrocketed, making them the fastest growing age group headed into bankruptcy court, according to a new report, "Retiring in the Red: The Growth of Debt Among Older Americans," released today from Demos, a non-partisan, public policy group based in New York City.
New York, NY — Americans faced a massive rise in credit card debt during the 1990s, according to a new study released today by Demos. "Borrowing to Make Ends Meet" found that while low-income and elderly Americans have been hit hardest by the debt boom, Americans of all stripes are suffering under the burden of high-interest credit card debt.
WASHINGTON DC-- In the wake of an austerity debt ceiling deal that will cost 1.8 million jobs in 2012 and do nothing to address inequality and the decline of the American middle class, today the Rebuild the Dream Campaign – with the support of partner organization Demos – announced a new Contract for the American Dream.
NEW YORK- As Labor Day approaches - and with President Obama's much anticipated jobs plan to be announced shortly - the national policy center Demos is illuminating America's severe jobs crisis with "America Can Work Better" week, which begins with a post from Demos Distinguished Senior Fellow Bob Herbert. Through a package of info-graphics and commentary, "America Can Work Better" will clarify the root causes of America's jobs crisis; analyze chronic unemployment among American youth; dispel myths about "job-killing regulation and taxation;" and offer some real-
Oregon's middle class is fraying, with well-paying jobs in short supply and the cost of raising a family dramatically increasing. That's the assessment of a major report released today by the Oregon Center for Public Policy and Demos, a New York City-based research and advocacy institute.
"The American Dream is vanishing before our eyes," explained Demos Distinguished Senior Fellow and former NY Times columnist Bob Herbert. "Sadly, Oregonians who work hard and play by the rules can no longer expect to provide a decent life for their families."
New York-A newly released review of a June 27 report by the U.S. Election Assistance Commission (EAC) shows that voter registration application rates at state public assistance agencies have risen sharply following National Voter Registration Act (NVRA) enforcement actions by advocacy groups Demos, Project Vote, the Lawyers' Committee for Civil Rights Under Law, and others. In contrast, the overwhelming majority of states not targeted have continued to see a long decline in registration of lower-income residents.
Today, on the morning of President Obama's jobs speech, the national policy center Demos published a new study detailing how the job losses of the Great Recession are intensifying the threat to America's middle class, which was already struggling after decades of economic stagnation, slow wage growth and rising costs.
Washington, DC-Just after President Obama's speech to a joint session of the US Congress on his new plan to stimulate job growth entitled "The American Jobs Act," the national policy center Demos published a point-by-point analysis of the plan. Based on the deep economic troubles facing this nation, including widespread joblessness and stagnant or declining wages, the Demos analysis concludes that the President's plan is a good start, and tells the right story about how to get the economy moving again.
New York - Today, the Institute on Assets and Social Policy and the national policy center Demos released a report revealing that only four percent of Latino seniors and eight percent of African-American seniors have the resources to maintain economic security for the duration of their lives. The report, "The Crisis of Economic Insecurity for African-American and Latino Seniors," underscores how the nation's seniors were experiencing declining economic security even before the Great Recession.
Boston - As President Obama tours the nation to promote the "American Jobs Act," a new report from the public policy organization Demos, "The State of Massachusetts' Middle Class," details the causes and impact of the growing jobs crisis in the Bay State and across America.
The Disparate Impact standard is critical to continued and enhanced opportunity to access fair credit, housing, and homeownership. Demos strongly opposes efforts to undermine this longstanding enforcement tool.
