Think you could feed your entire family on $25 worth of groceries for the entire week? Sandra Walerski does, along with thousands of other working poor across America whose bottom lines are being tightened even more with the rising costs of fuel, energy, groceries and everything else:
Food and gas prices soar while the dollar weakens and employers shed jobs. People like Walerski are among the worst casualties - a rising number of working poor in the region, generally defined as families with one or more workers making no more than twice the poverty level.
Being working poor is like living in another America, a lesser country where you go to a job, pay bills - do everything right - and still teeter perilously close to the edge....
The family often faces months in which they owe about $800 more than they take in, debt they carry around like lead luggage. They always pay the water bill; they're slowly paying off the $1,500 they owe the electric company.
They haven't bought heating oil in three years. This winter, three space heaters and lots of sweaters provided the only warmth. ("You'd be surprised to see how fast everyone moves in the house in the morning," Walerski says.)...
The Walerski's aren't the only ones dealing with this. The Ft. Worth Star-Telegram has been doing an ongoing series on the working poor in their area by following four families on the edge in Tarrant County, and it is heartbreaking reading.
According to the Working Poor Families Project, there are a lot more folks living on the financial edge these days than you might think (PDF):
✦One in four working families is low-income.
✦Forty percent of minority working families are low-income, twice the percentage of white working families.
✦Of all children in working families, one third are in low-income working families.
✦A married couple heads more than half of low-income working families.
✦While 35 percent of low-income working families have a parent who did not complete high school, 42 percent have a parent with some post-secondary education.
✦More than half of low-income working families pay more than a third of their income for housing; more than a third have a parent without health insurance.
Last month marked the 75th anniversary of the establishment of the minimum wage, which still faces stiff opposition in some corners and some hefty debate:
...The new law was enormously effective: within a year, it brought millions of low-paid workers up to a wage of 30 cents an hour. It also had major weaknesses, notably that it was not indexed to inflation. Congress has to raise it, which leaves low-income workers at the mercy of politics.
The minimum wage continues to have powerful enemies. Businesses that pay low wages lobby strongly against increases, arguing that they cause jobs to disappear. The Bush administration has been hostile. When Elaine Chao was nominated to be the next labor secretary, she called for states to be able to opt out of the federal minimum wage — which would destroy the whole idea of a national minimum wage.
Last year, the new Democratic-controlled Congress raised the minimum wage for the first time in 10 years. The increase was a real victory. But even with it, the minimum wage — which reaches $7.25 an hour in 2009 — is still far below where it was in the 1960s, in real dollars. A family of three earning the 2009 minimum wage would still be well below the federal poverty line. And because the minimum wage remains unindexed, low-wage workers will fall even further behind before Congress rouses itself to grant another increase.
Economists, who are more sophisticated today than they were in 1933, now place more emphasis on raising the Earned Income Tax Credit. Because it is tied to family income rather than wage levels, the tax credit can be targeted precisely at workers who need it most. There has also, understandably, been considerable focus this year on trying to provide the working poor — and everyone else — with affordable health care.
In this year’s “change” election, more attention should be paid to the working poor, who were hit especially hard by the economic policies of the last eight years. There should be talk of tax credits and health care — and the minimum wage. Advocates for the working poor argue for a better raise than the one Congress passed last year — perhaps one set at half the national average hourly wage, which would bring it roughly to where it was in the 1960s, and tie it to the rate of inflation....
Poverty has taken a back seat to so much else the last few years. But it is a problem that is increasing, not decreasing, and one in which far too many of the nation's children are trapped in an endless cycle of hunger, need, and lack of adequate health care which has dire consequences for academic performance and development if left unchecked. By not addressing these needs, we are consigning these children to this lifestyle that was not of their own choosing, by sheer neglect of basic needs. This is unconscionable.
A whole host of Americans are staring into a financial abyss not of their own making. They try to plan, spend prudently, save where they can, invest wisely, work overtime...and it keeps getting eaten up by costs that are rising faster than they can make up the difference. What is going to happen in the dead of winter with home heating oil costs at all time highs this year, I do not know -- but I do know that we had best start this conversation now rather than waiting. Or it may be too late for far too many children across the country whose family fortunes are not of their own making, either.
Because the nation's soup kitchens and food pantries are already struggling under the weight of increased needs and diminishing donations as more and more Americans tighten their belts for a long, desperate road ahead.
(YouTube -- Bill Moyers' Journal -- interview with Holly Sklar about wages and workers.)
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The Fort Worth Library is also hosting an exhibition of photos that the Fort Worth Star Telegram took in conjunction with the “Working Poor” series. They are worth seeing if anyone lives in the Fort Worth area. They are at the Central Library in downtown Fort Worth.
Many years ago the local newspaper wrote an article about one of the poverty challenges where politicians tried to survive on $X/day and found out how unpleasant it was. I sent in a letter saying I thought it was good that they did, but that these things always miss the real psychology of the situation. When you’re poor two things really get you (well, more than 2, but lets start with 2).
1) the fear/realization that this is permanent and it’s never going to get better. I remember being turned down, no joke, for a job at McDonalds and everything else. I just gave up after a few months of constant rejection. You feel hopeless, and you feel either angry or worthless (or both.)
2) You wear down. You start out with good clothes, decent haircut, glasses, etc… But you can’t afford to replace them and over time it starts to really show. And you tend to wear down physically because you don’t take the greatest care of yourself (starchy carbs are generally cheaper than veggies and meat) and odds are you aren’t exercising, plus being angry or depressed or disappointed all the time takes a real physical toll on you.
Ultimately it’s looking in the mirror and thinking “in 10 years, 20 years, I’m going to still be in this situation” that kills. When you have no hope, you die a day at a time.
I think it was firedog Fern who determined last year if the current minimum wage had the purchasing power of the early 1970’s minimum wage, it would be about 18.00 today. And yet my State, Arkansas, is using taxpayers money to bribe new companies into the state who will pay an avg of 9.00.
Sadly, I see things getting much worse before they get better. Families out of house and out of food and with no health care. Neo-cons blame them for their problems. And no one in Washington (at least none with any power) seems to be listening.
Why do I hear echoes of Ebenezer Scrooge in my head? Something about debtor’s prisons and reducing the surplus population?
I don’t care what party one belongs to — this one mathematical fact alone ought to make every member of Congress hang his or her head in shame.
This is such an enormous issue where I live — I see folks every time I go grocery shopping counting down to the pennies in their change purse to buy food for their families after filling up their gas tanks. And it isn’t getting better any time soon…
Is a real living wage too much to ask for…? 8-(
Lack of health/dental care is another.. one loses a few teeth and cannot begin to ask for decent job. I see this more and more as friends enter mid/ late mid age.
Those stories from the made-it-on-my-own, worked three jobs, overtime, put everything, blood, sweat, tears, etc., into building his or her own bidness, never seem to acknowledge that if they failed, mommy & daddy prolly would have bailed them out.
And I ask them who made it: “What happens when there are too many “chiefs” and not enough “indians”?
What then?
Ian, you have always been frank about your own experiences.
How does one break out of this cycle?
But we had billions for a bloody war. 60 Minutes has replay of Feith’s interview/book justifying the war…what a good idea. With a memo that said somethings could go wrong. O..but he would have done it different. Jerk. How can anyone say this war was a good idea; brain dead.
Heh, if you think it’s bad now… Just imagine this…!
The term ‘working poor’ makes no sense. That there even exists such a phrase is a shameful indictment of our system.
You nailed it again Christy. After the killing in the wars this is our national shame, and our national emergency.
John Edwards, wherever you are now we , need your megaphone more than ever. Start running again. Get your loud voice into the convention.
Hey Pups be sure and Digg this Post for Christy.
I have finally gotten around to reading Shock Doctrine. Having this post come so closely on the heels of David’s post earlier in the day really drives home a point that Klein makes: In truly democratic elections, wealth is redistributed downward. That is why the Republicans work so hard on vote suppression. They only want votes for redistribution upward.
Am commenting in between washing The Peanut’s hair — it’s nearly bedtime here. *g*
Elliott, I think education is one good means of stepping up and out, but it takes an extraordinary child — and one who has some adult mentor somewhere along the way who somehow impresses on that child, through all the chaos and fear, how important getting an education could be for them. For a lot of those kids, school and reading and such becomes an escape — at least, it did for a lot of the abuse and neglect kids with whom I worked.
Summer time is such a tough time for a lot of those kids, because the two meals a day they can depend on during the school year — breakfast and lunch — are far too often scanty or nonexistent during the summer. Imagine being a 5 year old child and having to come to terms with that…
Back in the summer of 1974, I got a job as a laborer for the local rural water compamy. I got paid $3.25/hr. That was good money for a summer job and it was above minimum. Tough job in trenches in 105 degree heat and poison oak but it was on of the better summer jobs I had.
For a lot of the kids whose free lunches during the school year are the best part of their days, summer can be a nightmare. When school isn’t in session, that lunch isn’t there for them. I know of a number of churches and community organizations who save up money over the academic year to be able to provide that one good meal to these kids.
“Unconscionable” is an understatement.
SCHIP, anyone?
You can always tell when someone’s job puts them in contact with “the least of these” by how much they understand that gut-level ache, can’t you? SIGH
Limbaugh got HIS living wage. And guess who’s listening to him! Sad. So sad.
.
It’s a term ‘working poor’ I am very selective about using. I fear it will be used to divide the poor between working and those who are out of work in ways which may not be helpful.
Thanks for bringing this issue to light here Christy. My family of 4 lives on $11/hr in the San Fran bay area, and it sucks. It’s hard, but my current working situation (I’m the breadwinner) is improving, and there’s real hope for our family. I’m with a privately owned company that’s been in the community for years and actually sees the value of taking care of it’s people. For the thousands working at Wal-Mart, though, hope is a dream. The aspiration is to one day manage a department and make *gasp* $12 an hour!
Our economy is in the toilet and the fixing will be painful. America was built on manufacturing, labor unions, and the might of industry. All of those jobs have been outsourced. The only way to turn this around is for American companies to stop focusing on profits and start refocusing on Americans before it’s too late. If we continue to send all our money overseas, this can’t work.
Universal Health Care, a Living Wage that’s not controlled by congress, and painful penalties and tariffs for businesses who won’t support the American Economic Renaissance (my term, I wonder if it’ll catch?). That’s the way to go.
Way off topic: I was with an interesting political discussion over the weekend. The “without a warrant” topic came it. The thing that seemed to crystalize what it all means, especially for people who really “don’t have anything to hide”, is the similarity of the McCarthy era. The hiding, sneaking, outing, etc. I report this should that focus help any more of the discussion with our “people”. Yours, I mean, as mine are all for it.
It’s one I’m careful about using as well, but wanted to highlight this in the context of the minimum wage and so many other issues. There are folks here working multiple jobs and barely keeping their heads above water with rising costs.
when i read this it’s hard not to really despise bill clinton. maybe even hate him.
i don’t know how much of our fucked up trade policies have contributed to the current situation - but he and the dems were warned it would be a race to the bottom with regards to wages for the majority of americans. i really don’t think he (or they) gave a shit.
My wife is working some of the summer school sessions here at the local reservation elemnetary school. She is helping with the kinder. The previous week for part of a lunch there were celery sticks. She had some of the kids asking her what they were. The free breakfast and lunch are so important for mnay of the kids but it can be such marginal quality that alot gets thrown out.
The little local store has some veggies but they are usually poor quality and many families cannot afford them. More calories per dollar in junk foods and that is what many get.
At least when the Nazi starved the prisoners to death you knew why they did it. Here our system does not acknowledge that it is there to maintain an low wage underclass to be the modern day equivelent.
The Kansas City area food bank recently increased its food purchases by 233% for the coming 12 months (July 2008 - June 2009). So far, grants and gifts are helping them afloat. No one — absolutely no one — thinks that this increase will be enough.
From the Harvesters’ website:
Ouch.
The Federal poverty guidelines for 2008 show that a family of four with an monthly income of $1,766.67 is at the poverty level. I don’t know of a family of four who can live for that amount of money today. Many are having to pay one third of that, $588, or more just for rent. And more is the rule, not the exception. The usual rule of thumb for rent is one quarter of one’s monthly net income, about $441. Forget mortgage. I’d like to see a place with 3 bedrooms for $600 a month. So would a lot of people, I imagine.
Thank you very much. Can we get him impeached?
One of the things at the Forth Worth paper’s website is a quiz that you can walk through to try and stay within the budget of one of the low-income families they are following. For folks who have never tried to stay within a very tight budget parameter, I bet it can be an eye opener.
Matt — that is so rough. I had a case once with some children who didn’t know what toilet paper was for…it was all I could do not to just break into tears and hug those kids every time I saw them. Truly.
The sooner the better, eh? ;-)
I see it every day.
It won’t happen, of course, but I would love to see the condominium projects that are failing due to the mortgage crisis get turned into low cost housing. Here in my area I expect up to a thousand units to be sitting empty within a year in an area with a population of just over 100,000. Larger metropolitan areas could see even bigger opportunities for this.
Food and energy prices are no longer solely issues of deep concern for the poor. Now, the midle class is feeling the pain. Soon incumbents of all political stripes will as well.
I attended several well attended functions over this holiday weekend and virtually everyone was talking about food and energy prices. Believe me, people are mad as hell.
The important part of using the term “working poor” is that it puts a stop to any talk from the nasties about ‘well, tell ‘em to get a job.’ The fact that we presume to be the (THE) world power and allow our minimal wage earners to be working poor —- well, it is utterly shameful.
With the prices of the basics starting to skyrocket is bartering on the rise?`
I have been here on the rez for 17 years and you think you have heard/seen everything then this kind of stuff reminds you that you don’t know the half of it.
Those are the sorts of cases that used to keep me up nights, worrying about those kids and whether we’d done enough, made the right decisions, etc. The worst for me was that during that time I was working on them was when we were having fertility issues, including a couple of miscarriages along the way. I would see these beautiful kids and parents who could have given a crap about them…and would go home and ask myself why we weren’t able to have a child. It was really rough.
We looked into adoption, but at about that time I got pregnant. We still contemplate adopting, though, because all of the kids I worked with through the years still haunt me.
Kathy Lohr of NPR had a story a couple of weeks ago that seems a propos: Poor People’s Campaign: A Dream Unfulfilled
Wiki notes how the PPC turned out:
I keep telling myself “It’s a marathon, not a sprint.” Still, it is far past time for this race to be over.
yesterday was not soon enough…
I read a story today in the St Pete Times about vulture capitalists coming into FL and other states, buying condos cheap and flipping them. Prices have dropped at least 25% in most places, more in others. Hasn’t gotten real big yet but they’re already out there.
You’re right, those empty condos (got an 8 unit monster just down the street - the owner’s in foreclosure) will never be used for low income housing. The banks will let ‘em sit empty until they can get a good price for them. And probably lose their shirt in the deal.
Families are leaving Alaska’s bush and outlying communities at an alarming rate. Heating bills in central and northern Alaska for small, 700 to 1,000 square foot dwellings this coming winter will be between $1,200 and $2,700 per month, depending on place and weather. People - mostly Alaska Natives - in these villages don’t make a lot of money, by and large.
Howie Klein is putting up a post I just wrote for him, later this afternoon, where I discuss Sen. Ted Stevens’ critical role in creating the Enron exception which is responsible for between 35% and 50% of the cost of fuel right now.
It’s pretty much the same story here. About 2 weeks ago I watched a man in front of me in the hospital cafeteria (my guess is he had come with someone who had been admitted) buying his and his son’s lunch by counting out change. And it’s heartbreaking to see people in the grocery store watching the tally on the register, sighing, and telling the cashier to put back something that was obviously going to be a “treat.” Sometimes it’s something as simple canned fruit or a pint of ice cream.
With the knowledge all those concequences could occur, bushco’s plans are running full steam ahead to attack Iran. Unfrikinbelievable!
Nobel-winning theory from Milton Friedman says that when a person knows his income will increase, he’ll spread out those gains over the rest of his life and not spend it all at once. In the case of a $1 minimum wage hike, annual spending should increase by about $400.
But that grossly understates what actually goes on, write economists Daniel Aaronson, Sumit Agarwal, and Eric French in a new Federal Reserve Bank of Chicago working paper.
The trio examined what happened to the consumption and debt levels of households that experienced either a federal or state minimum wage hike.
First, they found that spending didn’t increase when the legislation was passed, but when it went into effect. This goes against Friedman’s theory, which assumes that a person will change spending as soon as he learns of his future income stream.
Second, spending increased by a whopping $800- to $1,000-per-quarter compared with a $250 increase in pay as a result of a minimum wage hike. This means that debt levels also rose.
“If households were spreading the income gain over their entire lifespan, the spending increases should be far smaller than what we observe in the data,” the researchers write.
http://seekingalpha.com/articl.....-effective
This article compares the effect of raising the minimum wage and the effect of economic stimulus checks/tax refunds as far as they boost the economy it does not look at jobs lost or created. However $800 - $1,000 for a $250 boost in pay per quarter more than what we are getting from Bush’s stimulus checks.
I saw an elderly couple at the drug store the other day, pick up only a portion of their prescription meds — counting it out from a “cost per pill” standpoint — because ti was all they could afford and also get groceries. I so wanted to chip in and help them, but it would have embarrassed the hell out of them. If I could have somehow paid money into an account to pay ahead for them, I would have done so in a heartbeat…
I give an extra $5 a month on my electric bill to help people who can’t pay. It is not much but check and see if there are similar programs with your companies.
I may have seen that same story, and it also included another city (maybe NYC…don’t recall) But a big point was the the buyers are not American; our people are too strapped to take on big purchases. So the property is going to people/buyers from other countries.
Hmmmm…I’m not certain they do that here, but that is a great idea. And one I’ll suggest. Thanks!
If all the working poor got a $2.00/hour raise tomorrow, it wouldn’t make up for the increased price of food, housing, medicines, gasoline. A friend recently got $1.00 more per hour, but she realized that it was already gone because of gas and food prices. Shocking.
I have to do some grocery shopping tomorrow. Was sitting here putting together a store list and made a note just now to call the local mission and see if they need anything before I go. Can pick up some big cans of tomato sauce or whatever and drop it off easily…good to remind myself of that once in a while.
isn’t this part of the problem?
legislators who don’t live the lives of the regular folks?
Millionaires Fill US Congress Halls
don’t forget which president signed the bill for the enron loop hole — that would be bill clinton.
and i think the Consumer-First Energy Act was as stupid idiotic bill. only the last section, title V had anything to do with energy speculation (and it was pretty vague - leaving most everything up to the CFTC which doesn’t think there is a problem). it was mostly about a windfall tax on energy profits, what to do with the tax revenue, action against price gouging, suspension of purchases for the strategic petroleum reserve, expansion of the sherman anti-trust act to oil producing countries (that one was even called “nopec”!).
oh, and while i’m on a rant…. levin is claiming to have close the enron loophole via an amendment to the farm bill. but apparently it does no such thing (according to greenberger it in affect only covers natural gas - not crude oil and furthermore does nothing to close the london loophole). what a bunch of fuck-ups. especially as what to do has been known for over 2 years (levin has the report on his website).
and the dems have done nothing - until now.
Damn, the torpedoes! Full speed ahead…! With the Dems being fully complicit…! 8-(
I’m not sure. I mean, individually there are ways, but as a society the structure of the job market is such that unemployment and underemployment is part of the picture. Low wage jobs are there to be filled. So the question becomes how you create both people and an economy that can use them properly. It is a bit of chicken and egg situation, better educated, fitter, happier people create a better economy, but a bad economy can’t use them properly, and we make a lot of implicit choices in our economy.
A good start would be to remove school funding from its bondage to property values. Significant school reform is also needed in other respects. A chance in our attitudes towards who deserves to be rewarded is also necessary. It is not an accident that the US has all these billionaires at the same time as it has all these poor people, deliberate policy decisions create both.
The poor are always with us. The rich tend to be too. But how many of each you have is very susceptible to policy choices, and policy choices tend to be based on values.
Poverty level in San Diego County is $25,000. Double that is $50,000. We’ve got a LOT of people under THAT number..
First goal–get rid of your CAR.
Except that the Kennedy they reference has been one of the biggest advocates for the disadvantaged in America for years. *g*
But, hey, we’ve got all that plastic crap! And we can still run our hummers! And, hey, I don’t have to answer those annoying consumer complaint calls because someone in India is doing that for me…..and reading my x-rays and so forth.
p.s. ET - have you read hugh’s item #365 (highly recommended)? hopefully he will stop by - he’s got a whole bunch of background on this.
CHS,
Thanks for your compassion and concern for the working poor.
God, I wish John Edwards was our nominee!
As a proud 55 plus citizen of North County San Diego- I can get anywhere on a combined bus/train pass for $16 per month. I still have my car- but it’s nice to know what’s available.
A fair number of grocery stores have barrels by the doors for people to drop off purchases that go straight to the local food banks. If your store doesn’t have barrels like this, you might want to suggest it to them. They get increased sales, and the food pantries get increased donations.
More than once, I’ve seen people go through the check-out lines and divide their purchases into two. “Ring this stuff up for me, let me pay for it, then ring up the rest of it for the food pantry.” Ringing it up separately lets them easily keep track of their donations for tax purposes.
Right now, the national minimum wage is set at $5.85/hr and will get a bump in late July to $6.55/hr followed by another boost to $7.25/hr next July. The Economic Policy Institute says that 5.6 million workers will be affected by this change. Aaronson, Agarwal, and French estimate that a $1 minimum wage increase translates into a $2,000 boost in annual spending.
A back-of-the-envelope calculation (assuming that 5.6 million minimum wage earners experience a $1 gain in pay) would put new spending at $11.2 billion. The cost to businesses would be $2.8 billion in increased wages.
On the other hand, past research has shown that consumers spent about two-thirds of their stimulus checks back in 2001. This time around, that would translate into an additional $80 billion in spending. So, what’s better, spending $120 billion to stimulate $80 billion in consumption, or $2.8 billion to stimulate $11.2 billion?
http://seekingalpha.com/articl.....-effective
In the long run being nice to others by paying them a good wage is not only the moral thing to do it is the right thing to do from a business perspective. Henry Ford paid his workers enough money so they could buy their own cars and that idea worked great.
What if we took that idea a step further and paid workers enough and gave them enough free time so that they could start their own business while still working their regular job if they wanted to this way they are not out on a limb if they fail.
They could also help raise a new kid, fix up their house rather than hire people etc all these actions have economic benefit.
But GOPers seem to think it best if the workers have to work for someone else. The GOP does not trust us to have free time or economic security, or healthcare because that makes us independent.
Something I’ve done a couple times is say “many years ago a man helped me out by doing X, I could never pay him back but he said to pay forward. I know it’s embarassing, but I’d really appreciate it if you’d let me pay him back by helping you out.”
Make them letting you help them, a favour they’re doing to you.
Might not work, but it has for me.
One thing I’ve heard recommended around here is to watch the “buy one, get one free” offers and take the free items to the food bank. Several local churches accept these items weekly and transport them to the food bank, also.
I agree that someone will always be on the bottom. What can make a difference is giving people hope that they can move up through training and education. And we do such a poor job of that. If you are a single parent taking care of kids, working and going to school all at the same time can be too much. It can be done but society has to bring services to the person that gives them the opportunities.
First goal–get rid of your CAR
You have no idea how much I’d love to do that but there is no public transportation to take me to work. I’d carpool but no one that I work with lives in the area.
That’s a great idea, Ian — will use that one next time. Thanks!
It’s the fundamental problem. It’s not so much that they’re rich, per se, but that everyone they know is rich or prosperous - their family, friends and so on. Even folks like interns on their staff are the children of well off folks who can afford to subsidize their kids in unpaid jobs.
The past 30 years have been the best time in America’s history to be in the top half percent, and a damn good time to be in the top 10%. For those people, things have never been better.
But the almost rich, the people out of the top half percent, are falling behind. And they know enough to know that they can do the jobs of the top half percent. We’ll see how that dynamic plays out.
Christy,
have been sitting here since the post went up wanting to jump in as this is my family’s life right now - and I type that knowing there are others here struggling even more than ours. We have done without heat, both of us have skipped meals in the event the teenager was extra hungry that day. We both make a good wage but more and more of it is going to basics. and we both know, like many families, we are one emergency away from all hell being unleashed. I feel a little self concious typing that out as our child has a full tummy, warm bed, and medical coverage - but oh yeah, we are there.
ps - Moyers did a show in April about Hunger in America - here’s the link. I recommend anyone with the time to watch his interview with David Beckmann
Moyers - Hunger
and here is a national map of foodbank resources - whether you need help or want to help
Foodbank Info
Yes, a good idea. I tell people that I help out sometimes just to do something for someone else in the future if you can.
But I think the bottom has to be decent. We need street cleaners. We need garbagemen. We need folks to look after our kids in daycare. If a job needs to be done, it should pay a decent wage that allows someone to have a dignified life. There should also be mobility, but if you want that the simplest thing to do to get it is to go have the government essentially pay for a 4 year undergrad degree, and, ironically, to also push back hard against credentialization. So many jobs I used to apply for would ask for a BA that simply did not require them.
Add fixing schools and you’ve got a route up for everyone. I’ll discuss the class nation of the US education system at a later date, but for now - property taxes are the way that middle and lower upper class perpetuates educational inequality and thus inequality of income.
there is something disengenuous about this reporting. There is a HUGE difference between ‘earning a million dollars a year” and “being a millionaire.” I’ll be the number of congressjerks who have assets of $1,000,000.00 or more is much higher than the percentage who “earn” a million dollars per year. If people knew the percentage of millionaires in congress, I suspect there would be a loud sigh across the nation.
selise, thanks for that info. I did a post recently on the blog against my gooper Congressman where I dug out links to the votes on the Enron loophole. Anyone else wanting to see the involvement of their congresscritter in that atrocity can use the links to the votes to find out.
We have to rebuild our manufacturing base.
The industrial capitalists found they could make more money by outsourcing labour. Cutting labour is the fastest way to increase quarterly earnings and those earnings projection figures are set by the financial capitalists on Wall Street. We’re left with a domestic economy of financial and service related jobs.
Then we get into the whole redistribution of wealth thing.
Hugs, hon. I’ve had more family members in that spot than I can count, through the years — and we always chipped in to help out because that’s what you do when it is family. Ya know?
I’ve done the live on ramen noodles and veggies and fruits from the remaindered/spoilage sale bin more times than I can count myself from my grad school and law school days. It is so tough when it’s just you on your own, I can’t imagine doing it with kids, too.
Big, big hugs…
That’s the real fear. The knowledge that all it takes is one bad thing - an illness, loss of a job, some disaster, and you could be on the street. I spent much of my life knowing I was a paycheck from the street. But at least, in Canada, I knew that if I was sick, I could get care.
And that has to do with the mobility of capital as opposed to free trade. Free trade is ok, but that’s not what we’ve had, it’s just been called that. But when money can move in large quantities in and out of the country, comparative advantage stops working.
I often say the US doesn’t have a lot of complicated problems. But it has so many simple hard problems that when you add them all together, they become complicated.
Having a million in assetts is a pretty mediocre commodity these days—for many most of it is on paper- and they may still struggle…
For example- a retired couple with a million dollars should take no more than 4% out per year- say $40,000—if their house payment is $3,000 per month, that about eats it up. They’re living on social security.
Oh, I appreciate that there are those who were given much do live by the credo that much then is expected of them. The Kennedy family was raised on that, the Roosevelts and the Rockefellers are also in that class. But overall, I do believer there is a huge disconnect.
Take the Bush family (please) GWB had no idea the price of gasoline was approaching four dollars. GHWB didn’t know what grocery scanner codes were. Barbara Bush thought the people stuck in the stadium in New Orleans were having a grand old time and was so tight that her donation was targeted specifically to benefit her son Neil’s “education” company.
Thank you Christie. What a powerful post. I know many children from these families. Hard way to grow up.
thank you Ian.
Couldn’t agree more, a decent wage helps the individual and the community. And funding schools so each student has the same resources is a necessity. It is a stupid society that does not.
Sad that medical emergencies comprise the bulk of bankruptcies filings… Nobody in the industrial world can claim that…! Only in America! 8-(