Helpful Links
What's Happening to U.S. Families?
In the last 25 years, the real wages of low income workers have fallen while those of the wealthiest have increased. Across the nation, the average savings rate is less than 0%; as Americans, we are actually spending more than we are making. Not only are interest rates on credit cards rising steadily, but credit card companies and banks are slapping customers with new and often wildly high fees for basic banking services.
While many of these costs are stretching the incomes of citizens from all financial backgrounds, those with low incomes struggle the most. Studies show that people who live in low income neighborhoods pay more for almost everything, from groceries to home loans to car insurance, than their wealthier counterparts.
The groups below have more data and ideas about what is happening to the American family. More importantly, they have ideas and efforts aimed at eliminating the causes. Please take time to visit and learn more at the web sites below and join our cause to make families more economically stable.
Read recent articles and reports about what's happening to working families and economic policy here.
Americans for Fairness in Lending
www.affil.org
Brookings Institution
www.brookings.edu
Center for Budget and Policy Priorities
www.cbpp.org
Center for Economic Progress
www.centerforprogress.org
Center for Enterprise Development
www.cfed.org
Center for Financial Services Innovation
www.cfsinnovation.com
Center for Responsible Lending
www.responsiblelending.org
Citizens for Tax Justice
www.ctj.org
Demos
www.demos.org
National Community Tax Coalition
www.tax-coalition.org
New America Foundation
www.newamerica.net
PathWaysPA
www.pathwayspa.org
United for a Fair Economy
www.faireconomy.org
