The Bell Policy Center promotes public policies that help families get ahead and stay ahead economically. Economic security for families is key to making Colorado a state of opportunity for all. Barriers to family economic security include:
- Stagnant family incomes. Family incomes have failed to keep pace with economic growth since the late 1970s.
- Rising child care costs. Low- and moderate-income families face big challenges including the high cost of child care.
- Limited education and training. More than 430,000 working-age Coloradans lack high school diplomas, preventing them from moving up and earning higher wages.
- Shrinking savings. More than 750,000 working Coloradans have no option to save for retirement at work.
- Predatory lending. Bad lending practices continue to slow the accumulation of assets by families and strip wealth from those who can least afford it.
The Bell takes on up to a half-dozen efforts at a time to enhance family economic security, and over the years we’ve helped families win some major victories. These include a higher minimum wage, a huge reduction in the cost of payday loans and a significant expansion of protections against workplace discrimination.
- Enhance retirement savings. Develop a secure option for more workers to save for retirement.
- Help children and their parents. Develop two-generation strategies that tie education and training opportunities for parents with early childhood education opportunities for their children.
- Increase the minimum wage. Further increase the state minimum wage to keep pace with basic needs.
- Stop predatory lending. Protect borrowers from a wide range of predatory lending practices.