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( New York, NY) – Today, national public policy organization Demos will release a new report examining the latest CEO-to-worker compensation ratios of the largest publicly traded fast food companies and shows that the fast-food industry has the greatest pay disparity in our economy, with ratios
Press release/statement
Over the past 15 years, Brooklyn went from being a place known for cheap real estate and long subway rides to a place where professionals jockey to find a decent two-bedroom for under $4,000 a month. Something similar can be said about a lot of other once-marginal neighborhoods in major U.S. cities
Blog
David Callahan
There is no more basic form of liberty than the right to be alive and unharmed.
Blog
David Callahan
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