The amount of money spent on stock buybacks could lift wages by $6 an hour.
Amy Traub
Amy Traub is associate director of policy and research at Demos. She is the author of "The Plastic Safety Net: Findings from the 2012 National Survey on Credit Card Debt of Low- And Middle-Income Households," and "Discrediting America: The Urgent Need To Reform The Nation's Credit Reporting Industry," among other reports and research.
Posted inMoney, Politics, and Power
How Multi-Billion Dollar Corporations Rely on the Public to Feed their Workforce
A new study puts a big price tag on federal subsidies to fast food companies.
Posted inMoney, Politics, and Power
Capitol Workers Strike to Protest Federally Subsidized Inequality
Taxpayers pay $7 billion dollars a year to contracting executives making more than the Vice President of the United States. Wouldn’t that money be better served raising the wages of low-wage workers?
Posted inMoney, Politics, and Power
How Vast Error-Prone Databases Are Trashing Our Economic Lives
A new report from The New York Times shows that over a million low-income Americans have been denied a bank account.
Posted inMoney, Politics, and Power
Confirm Cordray Already!
It’s time to pull the curtain on a show that’s putting even bank lobbyists to sleep
Posted inMoney, Politics, and Power
How Our Tax Dollars Are Fueling Inequality
The federal government indirectly employs almost 2 million low-wage workers. An executive order could raise their wages.
Posted inMoney, Politics, and Power
What New York’s (Partial) Victory on Paid Sick Days Means
It took five years for the popular policy to get a vote.
Posted inMoney, Politics, and Power
Low-Wage Workers Say It’s Not Getting Better
Eighty-one percent of workers said their financial situation was the same or worse than it was 4 years ago.
Posted inMoney, Politics, and Power
Equifax Knows Quite a Lot about You
Employers themselves may not know what the credit-reporting giant does with their information.
Posted inMoney, Politics, and Power
Workers Won! An Election Fly-Around
From Albuquerque to Idaho, Americans voted to give a raise to the lowest paid and refused to strip workers of their rights.