House Democrats Reject ‘Austerity’ B.S. on COVID Relief Payments

Last week Sens. Joe Manchin and Kyrsten Sinema, who defend the filibuster, voted in favor of a budget resolution by the reconciliation process. That budget resolution includes President Biden’s $1.9 trillion COVID relief  package that includes $1,400 relief payments to Americans (combined with the $600 enacted in December, rounds up to $2,000). Sens. Joe Manchin … Read more

More lunacy from the Right: Creating a Caste System where our Young get Shortchanged.

Forget worrying for now about whether the Democrats are going too far to the left in advancing their agenda. At least the people in this country, even in the Red States, largely support progressive goals like universal health care, cleaning the environment, and making sure everyone has a living wage. What people should worry about … Read more

poverty map

‘Economically forgotten’ have much in common with America’s poor

Axios.com has an Exclusive: 40% in U.S. can’t afford middle-class basics:

Screen Shot 2018-05-16 at 6.19.16 AM

Data: United Way; Chart: Chris Canipe/Axios

At a time of rock-bottom joblessness, high corporate profits and a booming stock market, more than 40% of U.S. households cannot pay the basics of a middle-class lifestyle — rent, transportation, child care and a cellphone, according to a new study.

Quick take: The study, conducted by United Way, found a wide band of working U.S. households that live above the official poverty line, but below the cost of paying ordinary expenses. Based on 2016 data, there were 34.7 million households in that group — double the 16.1 million that are in actual poverty, project director Stephanie Hoopes tells Axios.

Why it matters: For two years, U.S. politics has been dominated by the anger and resentment of a self-identified “forgotten” class, some left behind economically and others threatened by changes to their way of life.

  • The United Way study, to be released publicly Thursday, suggests that the economically forgotten are a far bigger group than many studies assume — and, according to Hoopes, appear to be growing larger despite the improving economy.
  • The study dubs that middle group between poverty and the middle class “ALICE” families, for Asset-limited, Income-constrained, Employed. (The map above, by Axios’ Chris Canipe, depicts that state-by-state population in dark brown.)
  • These are households with adults who are working but earning too little — 66% of Americans earn less than $20 an hour, or about $40,000 a year if they are working full time.

When you add them together with the people living in poverty, you get 51 million households. “It’s a magnitude of financial hardship that we haven’t been able to capture until now,” Hoopes said.

By the numbers: Using 2016 data collected from the states, the study found that North Dakota has the smallest population between poverty and middle class, at 32% of its households. The largest is 49%, in California, Hawaii and New Mexico. “49% is shocking. 32% is also shocking,” Hoopes said.

Read more