“For let it be agreed that a government is republican in proportion as every member composing it has an equal voice in the direction of its concerns…” Thomas Jefferson Letter to Samuel Kercheval, July 12, 1816
The dominance of big money in our politics makes it far harder for people of color to exert political power and effectively advocate for their interests as both wealth and power are consolidated by a small, very white, share of the population.
Demos conducted a nationwide survey of low- and middle-income households in early 2012. The findings in this brief summarize the relationship between college costs and credit card debt, and its impact on students and their parents.
After getting the First Amendment supremely wrong in Citizens United, the Supreme Court now faces its next money in politics case. In McCutcheon v. FEC, the challengers are attacking a law that says that no one person can contribute over $123,000 directly to federal candidates, parties, and committees—that’s over twice the average American’s income.
In August 2011, Congress passed a strange piece of legislation intended to bind itself into the future. In spite of persistently high unemployment and an unremarkable deficit-to-GDP ratio, and in spite of public polling that consistently showed that creating jobs was the American public’s top priority, politicians inside the infamous Washington “Beltway” had spent months locked in a debate over ways to cut deficits and balance the federal budget—policies that would not create jobs and by some estimates would put millions out of work.
Connecticut has offered a voluntary public financing system for state-wide constitutional and General Assembly offices since 2008. Through financing from the Citizens' Election Fund, candidates that obtain the required number of small donations can receive a lump sum to fund their campaign. The program is very popular and in 2012, 77 percent of successful candidates were publicly financed.
NEW: SECOND EDITION. "Retiring in the Red" is part of the Borrowing to Make Ends Meet Briefing Paper Series. Reports an 89% average increase in credit card debt among America's seniors from 1992 to 2001. Key Findings:
This report reveals the extent of credit information “mission creep,” examines troubling shortcomings in the for-profit credit reporting industry, and recommends common sense steps to reform the credit reporting system.
New York – This week, the growing practice of employers screening the credit scores of job applicants was dealt a legal blow after the Court of Common Council of Hartford, Connecticut, passed an ordinance prohibiting the practice as part of the city's employment application and promotion process. The legislation is the first municipal ordinance of its kind in the country.
Demos, a national public policy research and advocacy center that supports fair employment and publishes research hiring practices, celebrates the decision.
Supporting Seattle's voter-approved Democracy Voucher Program — a system designed to empower small donors and the candidates they support in city elections.
A system of Fair Elections for New York State will not only allow for candidates from diverse communities to compete, but it will help build lasting political power for communities of color.
The marquee bill, which features improvements to voting, campaign finance, and ethics laws, addresses the deep political, racial, and economic inequalities that plague our democracy.
