Boosting the returns on homeownership for black families would reduce the wealth gap with white families by more than $17,000, or 16%, according to a 2015 report from the public-policy organization Demos and the Institute for Assets and Social Policy at Brandeis University.
“These are folks who are serving [and] preparing food for all of the rest of us. It's a recipe for contagion when...the people preparing your food cannot afford to stay home when they have a contagious disease.”
Findings Show Skyrocketing Costs, Dwindling Savings, Stagnant Wages and Medical Debt Major Factors
New York, NY — As the recession continues to squeeze financially vulnerable American households, they are turning to credit cards to make ends meet, according to "The Plastic Safety Net: How Households are Coping in a Fragile Economy," a new report published today by Demos, a national research and policy center.
This pandemic is revealing the deeper inequities for Black and brown people that have always been present in our economy and democracy but that are often papered over in ordinary times.
"Like in previous moments of crisis, whether it's the Great Depression or the 2008 financial crisis, we will need new governmental bodies to address the public needs at this scale."
The CARES Act passed fails to meet a simple moral test - that we protect the most vulnerable among us because it largely excludes immigrant and mixed-status families, including their U.S. citizen children, from stimulus payments.
COVID-19 is a threat to everyone, but the economic damage resulting from medically necessary quarantines and shelter-in-place orders is neither random nor equally distributed.
Organizers from the Texas Organizing Project (TOP) have been working to change the balance of power in the county to ensure a more equitable distribution of disaster funding, so that the people most impacted by climate change have the most say in how that funding is spent.
This case study highlights how New Economy Project and the Public Bank NYC coalition are pressing for the creation of a public bank for New York City, as part of a broader vision for economic and racial justice.
At a time when unchecked corporate profiteering masquerades as inflation, a proposed NYC public bank would center the interests of, and fund projects for, Black and Brown communities.
The Inclusive Democracy Project (IDP) convening brought together a community of Demos’ partners and leaders in the movement to share space and connect with each other.
Angela Hanks has joined the Demos staff as Chief of Programs. Hanks comes to the organization with extensive experience working within the public and nonprofit sectors and a passion for the pursuit of racial equity.
"Today's passage of the Inflation Reduction Act is a testament to the tireless organizing by Black and brown communities to elevate climate change and rising, unchecked corporate power as existential threats."
This case study follows the coalition For Us Not Amazon (FUNA) and members of the Athena Coalition as they organized to prevent one of the biggest corporations in the world from taking over the civic, social, and political life of Northern Virginia and beyond.
