Tuesday, May 26, 2015
Bryce Covert
Barack Obama

Obama Can Thank Women Voters By Supporting Real Economic Equality

As part of the series “A Rooseveltian Second-Term Agenda,” a way to recognize the economic needs of the women who helped re-elect President Obama. Both candidates spent a lot of time and energy courting women’s votes in this election cycle. But as predicted, the gender gap yawned on Election Day and pushed Obama to victory […]

November 15, 2012

Reducing Abortions: It’s The Economy, Stupid

If we put women back to work, lifted them out of poverty, and funded social services they rely on, fewer women would turn to abortion. It seems the cat’s finally out of the bag these days: conservatives aren’t just concerned with saving the babies from abortions when it comes to reproductive rights. They are now […]

February 23, 2012

What $100 Million Could Do For Out Of Work, Underpaid Teachers

Instead of spending the money to train new teachers, we could focus on putting laid off teachers back to work and keeping them there by paying them better. News came out today that President Obama is announcing a new plan to spend $100 million on training 100,000 new teachers over the next decade. Responding to […]

February 7, 2012

Justice On The Cheap Isn’t Justice At All

Budget cuts for police departments and court systems mean justice won’t be handed out evenly — or at all. We can all recite the opening of Law and Order. “In the criminal justice system, the people are represented by two separate yet equally important groups: the police, who investigate crime; and the district attorneys, who […]

January 24, 2012

Michelle Obama And The Fossilized Role Of First Lady

Women make up half the workforce, get degrees in droves, and have their own careers. So it’s little wonder that a role that requires women give that all up is an awkward fit. As long as there have been presidents in this country, there have been first ladies at their side. The role is traditionally […]

January 13, 2012

Access To Contraception Is An Economic Issue

Supporting family planning saves the government and low-income women money. The GOP should be challenged when it threatens to take that support away. People tend to want to split debates along the line between economic issues and social ones. But that line isn’t always so easy to demarcate. Case in point: Contraception was a big […]

January 10, 2012

Why Is The Government Saving Money By Driving Students Into Debt?

The latest budget deal cuts Pell Grants, one more blow to the old system that helped students pay for college directly. It’s no secret that college graduates are struggling under huge debt loads. The overall debt owed is set to hit $1 trillion this year. Rising debt loads are fueled by two simultaneous trends: soaring […]

December 21, 2011

Cutting Back On Childcare Assistance Puts Single Mothers In The Hole

As states pull back on support for childcare services, single mothers will have an even harder time building wealth and staying out of debt. Single mothers aren’t faring very well in the recovery. Their unemployment rate was 12.4 percent in November, up from 11.7 percent in June 2009. An unemployed single mother will clearly need […]

December 15, 2011

How To Break A Capital Strike? Full Employment

If banks want to threaten capital strikes, the government should fight back by putting people to work and taking power away from banks. Last week, Massachusetts Attorney General Martha Coakley announced she would be suing the five biggest mortgage servicers over robo-signing. The very next day, GMAC Mortgage said it would withdraw most of its […]

December 8, 2011

Dealing With Credit Card Companies Is A 99% Problem

The top 1 percent holds a tiny fraction of consumer debt, letting them avoid the hassle of credit card disputes. There was some good news from the New York Fed this week. Consumer debt fell about $60 billion in the third quarter of this year, and credit card accounts declined by 6 million. Overall, the […]

December 1, 2011

How Colleges Condemn Students To Indebtedness And Constrain Their Life Choices

The protesters at UC Davis are right to be angry: rising student debt loads have extraordinary effects. Behind the horrific images of a UC Davis policeman nonchalantly pepper spraying a peaceful group of seated students is the reason why they’re seated. What’s forced them out of their classrooms and dorms and into tents on the […]

November 23, 2011

We Don’t Need Better Parents. We Need Better Systems.

Increased parental involvement is crucial for children’s learning. To improve it, work on the challenges parents face in raising their kids. As part of the United States’ dire need for better education outcomes for our children, Thomas Friedman pointed out this weekend that research shows we may also need, as he puts it, better parents. […]

November 21, 2011

Employers And Banks Bilk Workers With Payroll Cards

A new trend has emerged in which low-wage employers pay their workers with unregulated, high-fee prepaid debit cards. While Bank of America backed down in the face of public outrage against charging customers $5 for using a debit card, there’s been a focus lately on the fact that big banks still charge customers for using […]

November 16, 2011

Move Your Money, But Be Careful Where It Goes

A word of warning to those fleeing big banks and bringing their money to nonbank lenders. This past Saturday was “Bank Transfer Day,” in which 40,000 frustrated customers joined the 650,000 who had already switched their money out of bank accounts with the Too Big To Fail behemoths to smaller community banks. The preliminary results […]

November 10, 2011

How Banks Take A Big Bite Out Of Government Benefits

Consumers witnessed a victory this week when Bank of America backed off its threat to institute a $5 fee for using a debit card, following a public outcry that led most of the other big banks to foreswear similar moves. But not everyone has been spared debit card fees. As Janell Ross pointed out at […]

November 2, 2011

Being In The 99 Percent Could Be Hazardous To Your Health

Cross-Posted From The Roosevelt Institute’s New Deal 2.0 Blog One loud message from Occupy Wall Street is an outcry against income inequality. The flipside of that issue, and another grievance of the movement, is sky-high levels of personal debt. When working Americans are taking home less during the recovery, and have seen their share of […]

October 27, 2011
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