WHAT WE THINK
Our network of academics, organizers, practitioners and culture makers are mainstreaming bold ideas and leading the movements to achieve them in the world.
Low-income Americans are struggling to pay heating bills and make rent, and many in the middle class live on the financial brink as skyrocketing childcare and medical costs overwhelm stagnating incomes. Nearly 40 percent of Americans do not have enough savings on hand to cover a $400 emergency. Technological advancements threaten to accelerate these trends.
This didn’t happen by accident. We created an economy where median wages and poverty rates haven’t budged in 40 years, while special interests advanced policies that undermine workers and quality jobs. Our response to these shifts has been tepid and incremental, failing to reflect the current and coming economic challenges. The average American sees headlines dominated by stories of record profits for big corporations, tax cuts for the wealthy and fewer protections for American workers. The country is anxious and in no mood for incrementalism; people want action to restructure the economy and democracy to work for them.
A key component of how we approach these problems is cultivating and connecting a diverse network of partners to brainstorm, test and implement solutions. Our network of academics, organizers, practitioners and culture makers are mainstreaming bold ideas and leading the movements to achieve them in the world.
By Economic Security Project
Oct 7 • 3 min read
Each day in this country, you or someone you know is likely doing work they’re not being compensated for. Whether it’s watching over a young child or caring for an elderly relative, it’s estimated we generate $3.67 trillion worth of care annually but only pay for $393 billion of it.