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Washington frets endlessly over the problems that Social Security and Medicare, both of which are projected to exhaust their trust funds in the coming decades, might cause the budget. But two new reports underscore the serious problems they might solve for the country. Take Social Security. For
In the media
Ezra Klein
The 5.6 million young adults who are willing and able to work but cannot find a job make up 45 percent of America’s unemployed workforce, while another 4.7 million are stuck in part-time jobs when they are seeking full-time employment, according to a new report from Demos. In total, the U.S. needs
In the media
Travis Waldron
Edwin Guzman already lost his job once for union-organizing. But today, he and several hundred fast food workers across New York City are on strike anyway.
In the media
Sarah Jaffe
NEW YORK, NY – In advance of the release of this month’s job figures, national public policy center Demos today issued a new report analyzing the lasting economic effects of youth unemployment.
Press release/statement
Nowadays, whenever Social Security comes up in policy debates around Washington, the discussion often focuses on how best to cut benefits in order to shore up the program’s finances.
In the media
Brad Plumer
The company an employee works for makes all the difference. Over the course of a 40-year career, workers at some companies lose tens of thousands of dollars in 401(k) fees and earnings -- sometimes more than double the savings lost by workers at other firms, according to an exclusive analysis of
In the media
Melanie Hicken
More and more Americans are spending their golden years racking up debt—a trend that if left unchecked could derail entitlement reform and alter the traditional pattern of wealth being transferred from older to younger generations. For the past several decades, millions of senior citizens have been
In the media
Josh Boak
A new report by Professors Benjamin Page, Larry Bartels, and Jason Seawright presents the findings from one of the first studies of its kind—a study of the political clout and policy preferences of the wealth. Based on a pilot study of Chicagoans with a mean wealth of 14 million, "Democracy and the
Press release/statement
If the speaker of the Oklahoma House of Representatives gets his way, residents of his state will soon notice a barrage of advertisements promoting the benefits of marriage.
Blog
Brenden Timpe
The number of Americans age 60 and over in debt is alarming. A recent report by the AARP’s Public Policy Institute and the research organization Demos revealed that Americans over the age of 50 carried substantially more debt on credit cards — an average balance of $8,278 — than those under 50
In the media
Carmen Wong Ulrich