Workers are earning more. But more than half of those income gains are being swallowed by debt.
For the typical worker, 52¢ of every $1 of income growth went to debt payments.
A raise isn’t the same as more money to live on. But why?
Voters sent a clear message on Tuesday: it’s time to take on the powerful interests making life harder for working families.
TCF President @jmargetta outlines what Congress must do to deliver on that mandate.
Read her latest commentary: tcf.org/content/commen…
ICYMI: @NYCMayor and @HarveyforNY recently backed the POWER Act, which would give New Yorkers the power to fight back against unfair and abusive business practices.
Last month, TCF Senior Fellow @lorelei_salas33 celebrated this milestone, which was a key recommendation of our
Buy now, pay later loans are increasingly being used to cover everyday expenses, from groceries to gas. But for workers already struggling with debt, these loans can create even more financial strain.
TCF’s @AngelaHanks explains why in @newrepublic:
ICYMI: Halloween candy prices are up 15% from last year, 4x the rate of overall inflation.
Our new report w/ @Groundwork finds that major candy makers are keeping prices high while families are increasingly turning to debt to get by.
Read more in @scrippsnews: