New Orleans We can’t seem to get Congress to read the memo and increase the federal minimum wage, but in almost every other way, workers’ wages seem on the rise, and the signs are everywhere. Kellogg workers after two months on strike still voted down a tentative, five-year contract with the company. Not enough money with their …
Category: Financial Justice
Is Inflation Different Now?
Pearl River There’s a lot of drum-thumping about inflation now. How bad will it be? Who will it hurt? How long will it last? It’s easy to scare up some fuss, since it’s been a minute since we’ve dealt with much inflation, especially over the last decade. The doom and gloom folks are seeing this as the end of President Biden’s …
Homeownership Gap Widens
New Orleans When I wrote Citizen Wealth, published in 2009, I proudly recorded the role that ACORN played in increasing the homeownership rate of Black and Hispanic Americans over a period of thirty-years between 1977-78 and 2007-2008. We had fought, along with many others, for the legislation in Congress that passed the Community Reinvestment …