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At worst, this argument can be paternalistic and classist; at best, it misses the forest for the trees.
Blog
Mark Huelsman
"No one who works full-time should have to raise their children in poverty," Senator Barbara Boxer said. She was talking about raising the minimum wage during a speech to the Commonwealth Club of California. In addition to citing the moral reason the federal minimum wage deserves a second look, she
In the media
Mehroz Baig
For higher education and student debt, this year’s budget mostly includes proposals we’ve seen from the Obama administration in previous budgets, speeches, or elsewhere.
Blog
Mark Huelsman
The Detroit Emergency Manager, Kevyn Orr, has announced the third iteration of a settlement of a massive derivatives deal gone wrong, a key element of the largest municipal bankruptcy in history. On the surface, it appears to be a significant improvement over the prior versions. But appearances can
Blog
Wallace C. Turbeville
If you think wage theft is being overblown by worker advocates, as some business groups suggest, check out this outrageous story. Last week, Philadelphia restaurant franchise Chickie's & Pete's agreed to pay employees around $8.6 million in back wages to settle a Department of Labor (DOL)
Blog
Jack Grauer
The odds that Republican House Speaker John Boehner will allow a vote on raising the minimum wage remain as low as ever, but some large retailers are already raising the wage on their own initiative. On Wednesday, clothing chain Gap Inc. announced it would be raising its base wage from $9 to $10 per
In the media
Ned Resnikoff
Raising the minimum wage to $10.10 an hour would increase the price of a $16 product at Walmart, such as the typical DVD, by just a cent if all of the extra costs were passed on to consumers, according to an analysis by an economist for Bloomberg News. [...]
In the media
Bryce Covert
Walmart is denying a Bloomberg report that said the nation's largest private employer is considering supporting an increase in the minimum wage. "We are not at all considering this," Walmart spokesman David Tovar told The Huffington Post Wednesday afternoon, just after Bloomberg published the story
In the media
Emily Peck
Emily Cohn
Since the days of Diner’s Club, credit cards have evolved to become a key element of American household finances. When emergency strikes we may not have cash in hand, but with access to credit cards a broken arm, a busted furnace, or a last-minute plane ticket doesn’t have to leave our families
Blog
Catherine Ruetschlin
NEW YORK, NY — In response to Friday’s vote at a Chattanooga, Tennessee Volkswagen plant, Demos issued the following statement: “The intensity of political interference to influence the union representation vote was unprecedented,” said Heather McGhee, incoming Demos President. All Americans should
Press release/statement