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Poverty

Inequality Represents A Wasted Opportunity For Poverty Reduction

This is the most frequent response I get when I tell other economists that I work on inequality. The economist Deidre McCloskey put the view bluntly in an article titled “Equality lacks relevance if the poor are growing richer.” But this view shows a remarkable disregard for one of the most fundamental principles of economics: that of optimization. Economists go to great lengths to optimize GDP growth and efficiency. But when it comes to poverty, any positive change is taken as good enough. If poverty is falling by any amount, or the poor are growing richer by any amount, then apparently we (and more to the point, the poor) should stop worrying. If we really care about poverty, this won’t do.

No One In The United States Should Be Poor, Period

The federal minimum wage hasn’t gone up in nearly 10 years. Yet with a stroke of his pen, Jeff Bezos of Amazon raised the wages of hundreds of thousands of the company’s lowest paid workers. In an age of extreme income inequality, this is leap in the right direction. It’s also a stark reminder of how far we as a nation are from caring for our most vulnerable people. Consider the story of Vanessa Solivan, an East Trenton mother of three struggling in and out of homelessness. Vanessa is “working homeless,” an increasingly common phenomenon as the gap between wages and cost of living grows wider. In the richest country in the world, millions of families shouldn’t have to struggle every day to get by while wealth concentrates into fewer and fewer hands at the top.

HypoCrazy Or Home-Land?- A Love Challenge For Liberated Land To Build Homefulness

Unhoused, poverty skolaz living in vehicles and on the streets in the stolen Ohlone/Lisjan land colonizers call Berkeley face constant harassment (like they do pretty much everywhere) -but in Berkeley,its not so much from one entity, poltrickster or community, but from all of them and mostly from "Nimbyism" (Not in my backyard), fueled by the omnipresent, anti-poor people hate that exists everywhere in colonized Turtle Island. This deep anti-poor people hate has been in this stolen land since the colonizers stole it and called the theft a “discovery”. With their greed, thieving, genocidal, racist, wite-supremacy, they also brought criminalization of poor, houseless and disabled peoples and a whole litany of laws and language meant to incarcerate every poor person they got.

Virginians Show The Real Face Of Poverty

On a recent night in Richmond, Virginia, speaker after speaker came forward to talk about the multidimensional reality of poverty. The setting was a hearing held by the Poor People’s Campaign: A National Call for Moral Revival. “I’ve been working for years as a professional and I don’t earn a living wage,” said Joyce Barnes, a home health care worker based in Richmond. “It hurts. It hurts so much.” She described how she gets no sick days or vacation days, and can’t take a day off to spend with her grandchildren. She owes a hospital thousands of dollars for medical bills even though she now has insurance. “Don’t be fooled by a false narrative about us,” added Abbie Arevalo-Herrera...

Nicaragua: Ortega Says Planned US Sanctions Will Bring Poverty

"They think that with it the Nicaraguan people are going to get down on their knees, and they do not realize that this is a town that does not sell or surrender," Ortega said. Nicaragua’s President Daniel Ortega criticized Saturday the draft sanctions that the United States Congress is discussing against his government saying such actions would bring poverty and economic troubles to his country. "I say to the U.S. congresspeople and senators who are voting in favor of this interventionist law that what they are coming to is simply to harm the country's economy," the president said in a massive rally he led along with Vice President Rosario Murillo. Addressing thousands of people who marched in the capital Managua in favor of peace, despite the heavy rain, Ortega criticized the Nicaragua Investment Conditionality Act...

The Best Way To Eradicate Poverty: Welfare Not Jobs

The Census released its income, poverty, and health insurance data last week (ASEC, SPM). Among other things, the data allows us to see who was in poverty and therefore gives us good insights about how to eradicate poverty. In this post, I detail what I think these insights are using my own calculations of the 2017 microdata. Below is the overall poverty rate broken down by market income and disposable income. “Market income” refers to all income received from labor earnings and capital ownership. “Disposable income” refers to each person’s final income and takes into consideration taxes paid and government benefits received. For both figures, I use the poverty line of the Supplemental Poverty Metric. In 2017, the market poverty rate was 25 percent. The poverty rate when counting disposable income was 13.9 percent.

Rights-Based Approach To Alleviating Poverty

It is time to shift away from the charitable model to a rights-based approach, guaranteeing people the right to food. People must have access to an adequate income that allows them to obtain their own food, and do so “in normal and socially acceptable ways,” ensuring personal dignity and choice. The perpetuation of food banks ensures the charitable-food model is preserved, and people remain hungry. Basic income is a solution increasingly surfacing in research and broadly in society. As an idea promoted through the ages (from a litany of leaders including Thomas Payne, Martin Luther King, Theodore Roosevelt), the literature on basic income is vast, documenting a host of positive health and social benefits produced from ensuring everyone has a minimum income floor.

Poor People On A Poor Planet

i can’t exactly describe the sound of an aluminum walker being crushed by a Dept of Public Works (DPW) truck - but its a special sound of material violence unlike any other- with each crunch-clap - another unhoused disabled life is metaphorically and actually dismantled, while the truck continues to chew like a dog on a bone- our precious momentos, pictures, medicine and lives are now reduced to trash and our own bodies , no longer awarded the respect of being considered humans swept, cleaned up, removed.

Report: US Has Highest Poverty Rate In Developed World

A UN report released last weekend ranks the United States as the country with the highest poverty rate in the developed world. This explains the social problems facing the country, which, among other phenomena, have increased hatred towards migrants. In yesterday’s picture, an activist outside Trump Golf Club in Sterling, Virginia, protests against the zero-tolerance policy toward undocumented immigrants with a placard that reads “Trump must be caged”. With the whirlwind of political scandals, the separation of children from their parents and the incessant noise caused by the Trump regime, few noticed the presentation of a report that documents how the richest country in history is now the most unequal, with the highest rate of poverty in the so-called advanced world.

Ignore What The Gini Coefficient Says: Real Inequality Is Growing And People Are Suffering As A Result

The right-wing love to say inequality does not matter. They also love to say that the Gini coefficient that measures inequality is improving. They trumpet as a result that in their opinion all is right in the world because people are now getting no worse off. But, as many familiar with such data know, it is not revealing of the truth. Inequality is seriously understated because its measurement is based on survey data and the wealthy don’t do surveys any more than they pay taxes. And the wealthy also hide their income and assets more effectively than do the rest of society precisely because they have so much of it that tucking it out of sight is much easier.

Kentucky Governor Retaliates Against Poor After Court Rejects Medicaid Changes

GOP cruelty is not new, but it seems to be reaching new depths. Case in point: In Kentucky, Gov. Matt Bevin is now using the lives of Medicaid patients like pieces on a chessboard in an act of revenge and political spectacle. Governor Bevin’s administration announced that he would deprive Medicaid patients of dental and vision benefits, effective immediately. This unilateral (and some say illegal) maneuver impacts 460,000 peoplein Kentucky. This occurred just hours after a federal court stopped his Kentucky Health plan, which would throw people off Medicaid with work requirements, deductibles and other administrative and economic obstacles. The case in question is Stewart v. Azar. Through the Centers for Medicare and Medicaid Services, the Trump administration announced new guidelines in January to remake the program in the GOP’s image.

Reflections On The Poor People’s Campaign; Returning After 50 Years

Fifty years have passed since I was a volunteer physician taking care of the PPC marchers who came across the country and the bridges into the District. They camped in the rain and mud to demonstrate the poverty deep in our “great” nation. But, today while the PPC has had the same soaking rains, there was no mud. The thousands who came were met with a huge interlocking mat of white plastic. It was a thick, flexible barrier between us and the grassroots. The Park Service could take it up after the rally and march and there would be no mud and tracks of the PPC.

Alongside Rising Top Incomes, The Level Of Living Of America’s Poorest Has Fallen

When the poorest gain, the lower bound, or ‘floor’, of the distribution of living standards rises. Using microdata spanning the last 30 years, this column argues that the floor in the US has been sinking, alongside rising top incomes. The floor would have fallen further without public spending on food stamps, which helped protect the poorest in the wake of the 2008 financial crisis.  As is well known, the US is experiencing a marked rise in top incomes (e.g. Piketty and Saez 2017), with relative stagnation of middle household incomes. But what is happening at the other extreme of the distribution? Are America’s poorest families seeing some progress? That is the question this column tries to answer. Some terminology first. “Top incomes” refers to the incomes of the richest 1%. We refer to the lower bound of the distribution of levels of living as “the floor”.

Red Green Revolution – Victor Wallis On The Ecosocialist Future

Two major crises of our era are growing wealth inequality and its resultant poverty and climate change, which is connected to a variety of environmental issues. Neither of these crises can be resolved without addressing the underlying root cause of capitalism, but many people are uncertain about what an economy beyond capitalism looks like. In his new book, Red Green Revolution: The Politics and Technology of Ecosocialism, Victor Wallis explains why a livable future must be ecosocialist, what ecosocialism is and how we get there. We discuss his book and the latest news.

Thousands Marching With Poor People’s Campaign Prevented From Entering Capitol Grounds

Thousands of people protesting systemic racism and poverty marched to the Capitol on Saturday but were barred from entering the grounds by U.S. Capitol Police. A long line of officers blocked the South Lawn and halted a march organized by the Poor People’s Campaign–a revival of Martin Luther King, Jr.’s movement 50 years ago—at the Capitol Reflecting Pool. Rev. William Barber and Rev. Jesse Jackson pressed police to allow them to proceed to the Capitol Lawn and conclude their march with the delivery of petitions demanding Congress allocate resources for the poor and struggling workers. U.S. Capitol Police Captain John Erickson, however, refused on the grounds that a large group needed a permit to demonstrate. An agreement was eventually worked out for petition boxes to be carried by individuals one at a time to the Capitol steps.
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