Posted at http://www.chn.org/2016/08/24/weve-heard-income-inequality-wealth-inequality/#.V7338fkrIdU By Melissa Roark August 24, 2016 You may recognize this statistic: In the U.S., CEOs of large firms make 276 times the pay of an average worker. That is the very definition of income inequality. But now, courtesy of the Center … Continued
By: Kate Giammarise Published: August 22, 2016 Twenty years ago today, President Bill Clinton signed welfare reform into law. The sweeping overhaul was meant to move people from welfare to work and to end what critics saw as a cycle … Continued
From the Kairos Center (https://kairoscenter.org/): Monday, August 22nd marks 20 years since Bill Clinton signed the “Personal Responsibility and Work Opportunity Reconciliation Act.” This historic legislation dismantled the United States’ safety net for poor single mothers and children, replacing it … Continued
Posted at http://www.chn.org/2016/08/22/tanf-at-twenty/#.V7xiCfkrIdU By Deborah Weinstein August 22, 2016 Twenty years ago today, President Bill Clinton signed the law that placed a time limit on cash assistance for poor families with children and required some degree of work, job search, or training … Continued
From CLASP (http://www.clasp.org/): Monday, August 22, marks the 20th anniversary of the enactment of the Temporary Assistance for Needy Families (TANF) program. In an article published by the Sargent Shriver Center for Poverty Law’s Clearinghouse Review, CLASP’s Olivia Golden recalls … Continued
From the Campaign for America’s Future (http://www.ourfuture.org/): Almost all Americans agree: no one and no company should ever be too big to jail. We say almost, because corporate executives and big banks have been trying for years to keep us … Continued
From the Campaign for America’s Future (http://www.ourfuture.org/): Payday and car title lenders have a simple business model: Gouge the poor and trap the vulnerable in an endless cycle of debt. Can’t pay? They’ll take your car. Need some more time? … Continued
Posted at http://www.chn.org/2016/08/17/stop-debt-trap/#.V7So5fkrIdU By Lecia Imbery August 17, 2016 The statistics around payday and car title loans are scary: The loans come with interest rates of 300-400 percent on average. The average payday loan customer who borrows $400 for a loan … Continued
From Community Legal Services Philadelphia (https://clsphila.org/): Community Legal Services has issued a report on the persistent decline in Pennsylvania’s TANF (Temporary Assistance for Needy Families) cash assistance caseload. CLS argues that Pennsylvania’s TANF program is not meeting the needs of … Continued
Posted at http://thirdandstate.org/2016/august/top-universities-sued-because401k-style-retirement-plans-provide-less-bang-retirement-bu Aug 12, 2016 08:23 am | Stephen Herzenberg Earlier this week, MIT, Yale, and New York University were sued because their 401(k)-style retirement plans have had excessive fees and provided employees with a bewildering array of often-low-quality … Continued