Posted inNational

Ways to close the nation’s wealth gap

Today, middle class households feel the same financial stress that low- and moderate-income families have borne for years, says new research by the Corporation for Enterprise Development (CFED), a national nonprofit organization working to alleviate poverty and create economic opportunity. In its report, “Treading Water in the Deep End,” CFED analyzes the financial security of American households and public policy responses to the financial crisis.

Posted inNational

Obama aims to bypass Congress with ‘My Brother’s Keeper’ initiative

OW Contributor
President Barack Obama’s State of the Union address, and his recently announced “My Brother’s Keeper” initiative, might be considered his response to the prolonged inflexibility of Congress during the course of his administration. Designed specifically to target young males of color, it aims to help them economically and educationally, two areas in which assistance is undoubtedly needed. In order to do this, Obama wants to sidestep the legislative arm that thus far has rendered his previous efforts ineffective by tapping an overlooked resource: huge charitable organizations known as foundations.

Verify your email

We'll send a verification code to .

Gift this article