The mortgage servicing deal reached today between a coalition of state attorneys general and five major Wall Street banks is an important stepping stone in the effort to secure justice for homeowners victimized by the fraud and abuse behind the foreclosure crisis.

This settlement is perhaps most valuable...

Few of us recall that the full name of the march where the Rev. Dr. Martin Luther King Jr. gave his "I Have a Dream" speech was the "March on Washington for Jobs and Freedom." Jobs, even before freedom. Today, Dr. King would be calling our generation to action because...

The protesters seeking to "occupy" the financial district in New York and other cities have been widely depicted in the media as having no coherent rationale for their protests. In fact, though, these protesters have chosen the right target: a set of institutions and actors who not only played a...

Never in our nation's history has our government defaulted on our debts. Through war, Depression, financial crisis and stagflation -- and in periods where the national debt was far higher in relative terms than it is today -- the full faith and credit of America has gone unquestioned....

For the first time, the majority of Americans believe that their children won't be better off than they are. If current trends continue -- in just a few categories: wages, benefits, retirement income, personal debt, job creation, job quality, job security, and costs for education, child care and...

Today, the President of the United States laid out his vision for restoring fiscal responsibility in a way that does not impede our fledgling recovery or violate the core inter-generational promises made during the American Century. Demos applauds the President's leadership.

First, the positives. The President reaffirmed his...

A national referendum on the economy went badly for incumbents on Tuesday, but there's a clear way for the President to be true to progressive values and regain the political momentum. It's time to "out-jobs" the conservatives.

I imagine my anxious, unemployed aunt looking up at the TV from the...