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Americans spurning luxuries in favor of shoveling money into savings accounts.
In the media
Kimberly Palmer
The bottom half of American households now controls less than 5 percent of our total net worth. Our republican founders could not have imagined a distribution of wealth so concentrated, nor a democracy so threatened by the rule of property.
In the media
Lew Daly
Today's 20-somethings are likely to be the first generation to not be better off than their parents." This is the first line of Economic State of Young America, a report released by Demos, a nonpartisan public policy think tank in New York City. And that's a troubling thesis for a generation that
In the media
Nancy Johnston
Millions of Families Experienced Economic Decline Since 2000; Households of Color Hardest Hit
Press release/statement
New York, NY — This week Demos, a national, non-partisan public policy research and advocacy center, is pleased to announce two significant staffing changes: Tamara Draut has been named Vice President for Policy and Programs, joining Demos President Miles Rapoport in the executive leadership of the
Press release/statement
Initiative Aims to Strengthen Social Insurance, Promote Broadly Shared Prosperity, Set the Record Straight on Federal Spending New York — Demos and The Century Foundation today launched an initiative to strengthen social insurance programs and develop a roadmap for a fair and responsible federal
Press release/statement
3 out of 4 senior households lack the economic security needed to sustain them through their lives, according to new study New York, NY — Older Americans have experienced huge, negative financial shifts that now make it more difficult to enter retirement with sustainable economic security, a new
Press release/statement
As President Obama takes office, and the nation reflects on the historic moment and its significance, Demos Senior Fellows John Schwarz and Lew Daly remind us that America is more than just “common blood, or race, or ethnic background or religion.” America is about freedom, they argue, and its up to
In the media
Lew Daly
John Schwarz
A New Look at Wealth in the United States New York, NY — The 2008 presidential campaign ended with a sharp moral debate about "spreading the wealth" in the United States. With national concern about a barrage of bad economic news--from the financial meltdown on Wall Street to the near-bankruptcy of
Press release/statement
Proposal to Expand Funding for Low-Income Students; Increased Access to Federal Loan Program New York, NY — Demos, a national, non-partisan, public policy and advocacy organization, in partnership with twelve national organizations representing students, colleges, consumers, and college
Press release/statement