Washington, DC – In response to the President’s address on the federal budget, Demos’ Heather McGhee calls for a bolder commitment to recovery:
"Today, the President of the United States laid out his vision for restoring fiscal responsibility in a way that does not impede our fledgling recovery or violate the core intergenerational promises made during the American Century. Demos applauds the President's leadership.
NEW YORK – As budget debates continue to play out at the state level, it is apparent that Americans everywhere are still suffering from the long-tail of the recession and need jobs, not austerity measures that will likely reverse emergent economic gains. A new report by the policy center Demos addresses this need head-on, calling for an affordable and efficient federal jobs program that could meet critical community and national needs while providing meaningful employment for millions of people who lost their jobs in the Great Recession.
New York, NY — As new unemployment figures show a still-staggering 9 percent of Americans out of work, a new report from the policy center Demos examines the degree that low income American families use credit to weather economic shocks, and draws out the impact of credit card debt on families' long-term financial stability.
The fast food industry is the main driver of compensation inequality in the most disparate sector of the economy, with a CEO-to-worker pay ratio in 2013 of over 1000-to-1.
Washington, DC — The need for our nation to rebuild the middle class — the real engine of our economy — was completely overlooked in the new job-killing recommendations from the National Commission on Fiscal Responsibility and Reform earlier today. Tamara Draut, Vice President of Policy and Programs at Demos responded with the following statement.
Washington, DC — The need for our nation to rebuild the middle class-the real engine of our economy-was completely overlooked in the new job-killing recommendations from the National Commission on Fiscal Responsibility and Reform earlier today. Tamara Draut, Vice President of Policy and Programs at Demos responded with the following statement.
As part of an effort to reshape rules around debt and lending to reduce racial wealth inequality, we propose establishing a public credit registry to gradually replace the current for-profit credit reporting system.
Today, Demos proposed establishing a public credit registry, housed in the Consumer Financial Protection Bureau, as an essential part of a larger effort to reshape rules around debt and lending in order to reduce racial wealth inequality.
Private credit reporting is failing for all of us who must rely on credit reports produced by for-profit companies to navigate financial transactions. For communities of color, credit scores evoke the decades of bank redlining and unequal access to credit whose impact persists to this day.
Demos’ Race-Class Narrative (RCN) project developed an empirically-tested narrative on race and class that resonates with all working people and offers an alternative to—and neutralizes the use of—dog-whistle racism.
Baltimore’s campaign donors lack diversity across race, gender, and socioeconomic status. The Baltimore Fair Election Fund, designed with equity and community engagement at the forefront, can change that.
The idea of canceling student debt has become a topic of considerable debate. Here's what you need to know about the Warren and Sanders student debt plans and what still needs to be answered.
