The Century Foundation
@TCFdotorg
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Pursuing economic, racial, gender, and disability equity. Making policy that works for people. Also: @TheNext100, @CenturyIntl, @DEJcollab
New York
Joined November 2008
NEW: Popular holiday gifts are up 26% since last year—nearly nine times the overall inflation rate. 40% of families are buying fewer gifts, nearly one-third are giving presents to fewer people, and more than one in ten are tapping into savings.
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The average overdue utility bill has climbed 32% to nearly $800. Meanwhile, 48% of Americans would struggle with a $500 emergency. This is a crisis.
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Almost no new jobs have been added since April and 710,000 more people are unemployed now compared to a year ago. Meanwhile consumer prices are skyrocketing thanks to Trump's tariffs. Does this sound like an "A+++++" economy to you?
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Julie Kashen in conversation with @MomsRising: https://t.co/8CRkfXpPyA “We looked at everything that is important to the care agenda—child care, paid leave, sick days, aging/disability care, & investing in the care workforce —and how it makes a huge difference for the economy.”
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Voters overwhelmingly want policymakers to address the cost-of-living crisis: 💻 90% Ban tech companies from kids’ data 💰 87% Ban corporate money in politics 🥊 86% Break up corporate monopolies 🏡 84% Ban Wall Street from buying homes 🏥 74% Support Medicare for All
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4 Republicans have crossed party lines to try to extend the Affordable Care Act’s premium tax credits for 3 years. Extending them is not just the right thing to do – it’s essential for the 45 million Americans who get their insurance through ACA.
theguardian.com
Stunning move comes after House Republicans pushed ahead with bill that doesn’t address soaring premiums if Affordable Care Act tax credits expire
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BREAKING: Trump's DOJ itself is even questioning the Trump/Vought plan to defund the CFPB. New court records show DOJ is unsure if the legal argument used to choke the consumer watchdog even applies anymore. https://t.co/LaPDB65AvX
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Our new polling shows Americans are cutting back on gifts & blaming Trump for sky-high prices on everything from toys to tech. Tariffs are adding to already-expensive bills. That’s not “America First.” That’s American families last. New analysis from us, @TCFdotorg, &
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Economists also note that the report showed that wages are growing at the lowest rate in years https://t.co/yyJskPdYrk
time.com
Analysts said the report showed that the affluent are thriving, while lower-income families are struggling.
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The evidence is clear: the ACA’s enhanced premium tax credits doubled marketplace enrollment, helped achieve a record-high U.S. health coverage rate, and improved affordability. We urge Members—especially those from rural districts—to protect their constituents’ coverage.
🚨🚨 BREAKING NEWS JEFFRIES OBAMACARE DISCHARGE PETITION HAS REACHED 218 PENNSYLVANIA REP. RYAN MACKENZIE has signed the discharge petition. THE HOUSE will now vote on a clean, three-year extension of the Obamacare premium subsidies.
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Trump’s economic approval hit a record low in an AP poll last week, with just 31% giving passing marks. Meanwhile, our recent survey found 43% of Trump voters agree that the economy is not doing well, via @TheNation.
It's the economy, nutcase: my latest for @thenation
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The holidays are here. And so are Trump’s tariffs.
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Jim Cramer says the quiet part out loud. Illegal monopolies face little to no consequences under the Trump administration.
"There's no antitrust. Antitrust went away when we got a ruling that it was okay to pay Apple $20B to keep everybody else out," says Jim Cramer. Remarkable indictment of Judge Mehta's decision to let Google off the hook for monopolizing search👇
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Families shouldn’t need a Christmas miracle just to afford a LEGO set. Even Santa can’t keep up: toys, electronics, and home goods are up 17–38%. New analysis from @Groundwork, @TCFdotorg, & @AFTunion shows how Trump's economic policies are ruining the holiday season.
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It's a good thing nothing terrible is going to happen to the health care sector in 1-12 months
Excluding the healthcare sector, the US has lost 85,000 jobs this year
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Voters overwhelmingly want policymakers to address the cost-of-living crisis: 💻 90% Ban tech companies from kids’ data 💰 87% Ban corporate money in politics 🥊 86% Break up corporate monopolies 🏡 84% Ban Wall Street from buying homes 🏥 74% Support Medicare for All
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This analysis from @APNORC mirrors our own with @DataProgress. This season’s most popular holiday gifts are more expensive this year, with prices rising an average of 26%. More than 40% of families are buying fewer gifts. 🔗
tcf.org
As families hunt for the perfect gift this holiday season, soaring prices are dampening some of the holiday magic. New analysis from Groundwork
53% feel that it is harder to afford the things they want to give as gifts this year. https://t.co/9cAEakXqSh
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Today’s delayed jobs report from @USDOL shows that U.S. employers added just 64K jobs in November, after roughly 105K were lost in October. The unemployment rate rose to 4.6% from 4.4% in September, revealing signs of a cooling jobs market. 🔗 https://t.co/iEiknOgTkn
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After years of “unprecedented times,” it’s almost impossible to shock news anchors. But our report with @MorePerfectUS & @ConsumerReports on Instacart’s brazen pricing experiments did just that. Watch 📺
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The NLRB has been non-functional for a year, operating with just one board member. “Anyone could have seen this coming, but a year of nonfunctional labor law is a crisis,” says TCF’s Lauren McFerran. Full article: https://t.co/4R33kp7izG
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