Colorlines

Economy

It's Time to Lift the Debt Burden Wall Street Loaded Onto Our Backs

It’s Time to Lift the Debt Burden Wall Street Loaded Onto Our Backs

by Kai Wright on July 21 2011, 9:30AM

Banks have spent tens of millions trying to protect a predatory financial industry from accountability. There could be no more essential fight than making sure they don’t get their money’s worth.

Topics: Economy, Fiscal Cliff, Kai Wright

What Obama's Elizabeth Warren Retreat Says About His Power Problem

What Obama’s Elizabeth Warren Retreat Says About His Power Problem

by Kai Wright on July 19 2011, 11:47AM

Warren’s had the two most important qualifications for the consumer protection job: power and influence. But the president likes to give away both, and so banks got their way, again.

Topics: Economy, Kai Wright

Thousands Rush for Low-Income Housing Vouchers in Dallas

Thousands Rush for Low-Income Housing Vouchers in Dallas

by Bryan Gerhart on July 19 2011, 10:17AM

For at least the second time in recent memory, chaos breaks out as families scramble to apply for affordable housing. It’s yet another sign of the country’s deteriorating safety net.

Topics: Economy

Melissa Harris-Perry Explains the Current Racial Wealth Gap

Melissa Harris-Perry Explains the Current Racial Wealth Gap

by Jorge Rivas on July 13 2011, 2:35PM

For every dollar a white household has, the average black household has two cents. Melissa Harris-Perry offers some historical context.

Topics: Economy

Who's Gonna Care for the Aging Boomers? Poor, Immigrant Women

Who’s Gonna Care for the Aging Boomers? Poor, Immigrant Women

by Shani O. Hilton on July 13 2011, 10:39AM

As the GOP pushes Medicare and Medicaid cuts, advocates urge Congress to make the programs work for three million home-care givers making poverty-wages—and the ballooning number of people who depend upon them.

Topics: Economy, Health

June Jobs Numbers: Nightmare on Main Street, Part 2

June Jobs Numbers: Nightmare on Main Street, Part 2

by Kai Wright on July 11 2011, 9:53AM

How many times are we going to act shocked upon learning that the recessionary goblin isn’t actually dead?

Topics: Economy, Jobs Crisis, Kai Wright

How to Succeed at a Summer Job: Look White and Christian

How to Succeed at a Summer Job: Look White and Christian

by Jamilah King on July 8 2011, 11:32AM

Recent news shows bias is still getting in the way of work for young people of color.

Topics: Economy, Schools & Youth

Putting People Directly to Work Is

Putting People Directly to Work Is “Too Radical” For Congress

by Shani O. Hilton on June 17 2011, 11:12AM

Still, there really are job-creation ideas out there. Really. Here’s another one.

Topics: Economy, Jobs Crisis

Republicans Bash Immigrant Workers and Call It a Jobs Bill

Republicans Bash Immigrant Workers and Call It a Jobs Bill

by Julianne Hing on June 16 2011, 10:42AM

Labor and immigrant rights groups are pushing back against a renewed push to expand use of the E-Verify workers’ database.

Topics: Economy, Immigration, Jobs Crisis

The Job-Creation Ideas Gathering Dust on D.C.'s Shelves

The Job-Creation Ideas Gathering Dust on D.C.’s Shelves

by Shani O. Hilton on June 15 2011, 11:28AM

Really, they still exist. But Congress and the administration have stopped looking at them.

Topics: Economy, Jobs Crisis

How the Next U.S. Economy Is Already Failing

How the Next U.S. Economy Is Already Failing

by Kai Wright on June 8 2011, 10:00AM

The future that today’s young students and workers hope to build remains trapped by the inequities of yesterday and today.

Topics: Economy, Kai Wright

Graduates, Go Forth and...Join the Unemployment Line Infographic

Graduates, Go Forth and…Join the Unemployment Line

by Stokely Baksh, Kai Wright on May 31 2011, 8:58AM

As millions of graduates join the workforce this summer, they enter a world in which there’s already a 4-to-1 ratio of job seekers to job openings.

Topics: Economy, Graduates, Jobs Crisis, Schools & Youth

Will 2012 Become Labor's Moment of Political Truth?

Will 2012 Become Labor’s Moment of Political Truth?

by Yvonne Yen Liu on May 27 2011, 9:09AM

Let’s hope so. Because workers of color have rarely been in more dire need of a true political voice.

Topics: Economy, Politics

A Timeline of the (Paltry) Job Creation Initiatives D.C. Has Mustered

A Timeline of the (Paltry) Job Creation Initiatives D.C. Has Mustered

by Shani O. Hilton on May 25 2011, 10:29AM

A review of Washington’s ambitiously conceived, but conservatively created initiatives.

Topics: Economy, Jobs Crisis

Want an Equitable Economy? Start Building One Based on Abundance

Want an Equitable Economy? Start Building One Based on Abundance

by Chris Rabb on May 24 2011, 11:01AM

There’s enough wealth to go around, if we create businesses that build shared assets rather than exploit the consumption of many to enrich a few.

Topics: Economy, Wealth Gap

The Debt Ceiling: Explained (and Quickly)

The Debt Ceiling: Explained (and Quickly)

by Shani O. Hilton on May 20 2011, 9:35AM

The wonky economic fight boils down to this: How much are poor people gonna have to pay to spring the White House from the GOP’s latest trap?

Topics: Economy

Ohio Homeowners Storm Chase Shareholders Meeting

Ohio Homeowners Storm Chase Shareholders Meeting

by Asraa Mustufa on May 18 2011, 12:41PM

Dozens testified demanding accountability for Chase’s lending. The bank has rejected more modification applications than Bank of America and Wells Fargo combined.

Topics: Economy

More Than a Third of Adults Are Illiterate in Many Cities. What Do We Do? Infographic

More Than a Third of Adults Are Illiterate in Many Cities. What Do We Do?

by Thoai Lu on May 17 2011, 10:34AM

A new study in Detroit, where 47 percent are illiterate, digs into solutions.

Topics: Economy

What's Holding Up Job Creation in Washington? Let's Find Out

What’s Holding Up Job Creation in Washington? Let’s Find Out

by Shani O. Hilton on May 17 2011, 10:16AM

Colorlines’ D.C. reporter/blogger Shani O. Hilton will spend the summer blogging out the institutional and political hurdles, and the overlooked solutions.

Topics: Economy, Jobs Crisis

Report: Big Banks Leaving Abandoned, Foreclosed Homes in Ohio

Report: Big Banks Leaving Abandoned, Foreclosed Homes in Ohio

by Asraa Mustufa on May 10 2011, 12:03PM

Filings in at least three of the state’s cities were nearly three times more concentrated in communities of color than in majority white ones.

Topics: Economy