What is that almost a 100 million people?
Seems like a lot. I wonder how many have families and kids.
Such a bummer.
At least Granny is safe!
1 in 4 Americans are jobless or earning poverty-level wages, new study finds
11–20 of 186 posts
Re: 1 in 4 Americans are jobless or earning poverty-level wages, new study finds
#12"By comparison, the October jobless rate stood at 6.9%, down from 14.7% in April as workers regained jobs or gave up searching for work."
I love how the hopeless are not counted as jobless.
Re: 1 in 4 Americans are jobless or earning poverty-level wages, new study finds
#13"By comparison, the October jobless rate stood at 6.9%, down from 14.7% in April as workers regained jobs or gave up searching for work." I love how the hopeless are not counted as jobless.
This has sadly been the case for a long time. Some people try to defend it for various reasons and keeping track of this figure isn't a problem for me personally, but calling it the unemployment rate and acting like it's representative of reality bugs the heck out of me
Re: 1 in 4 Americans are jobless or earning poverty-level wages, new study finds
#14If you’re a capitalist or a socialist or somewhere in between, I think we should try to find common ground that this isn’t a good position for society or the future.
Aren't the poorest in society naturally always going to be the bottom 25% or so? The poorest American is still in the top 10% of the world.
Poverty is about having difficulty meeting basic human needs, not an income percentile.
Re: 1 in 4 Americans are jobless or earning poverty-level wages, new study finds
#15Re: 1 in 4 Americans are jobless or earning poverty-level wages, new study finds
#16What is that almost a 100 million people? Seems like a lot. I wonder how many have families and kids. Such a bummer. At least Granny is safe!
You know, it’s not a dichotomy. It’s possible to implement temporary restrictions while providing support to help people remain employed.
Your attitude kind of glosses over the fact that the current unfolding catastrophe in the US is a result of a series of deliberate policy decisions and does not have to be like it is.
Re: 1 in 4 Americans are jobless or earning poverty-level wages, new study finds
#17If you’re a capitalist or a socialist or somewhere in between, I think we should try to find common ground that this isn’t a good position for society or the future.
Having spoken with someone today, at length, that thinks any improvement in the current situation is “socialism”, I think common ground won’t be found with some folks (and that’s okay, as long as you can get a majority onboard). You have to do the right thing regardless (go to the mat for overwhelming fiscal policy stimulus firepower short term, and driving towards improved policy long term, increasing the minimum wa…
“Some folks” is approaching near 50/50 split of the population of the US who have been led to believe “socialism” is worse than death. I know so, because my friend goes to church and they are now talking about this in their sermons...God is a Republican apparently.
Re: 1 in 4 Americans are jobless or earning poverty-level wages, new study finds
#18[deleted]
Re: 1 in 4 Americans are jobless or earning poverty-level wages, new study finds
#19If you’re a capitalist or a socialist or somewhere in between, I think we should try to find common ground that this isn’t a good position for society or the future.
Given that a huge number of the current unemployed were made so by government fiat, I don't understand what political philosophy has to do with it.
Re: 1 in 4 Americans are jobless or earning poverty-level wages, new study finds
#20If you’re a capitalist or a socialist or somewhere in between, I think we should try to find common ground that this isn’t a good position for society or the future.
Aren't the poorest in society naturally always going to be the bottom 25% or so? The poorest American is still in the top 10% of the world.
Relative economic standing != absolute economic standing.
Statistical measures of poverty are set in terms of being able to afford the basic necessities of life, such as food, housing, medical care, transport, education and communications. Relative standing is irrelevant.
Further, having 10 times more income (or wealth) than subsistence farmer in sub-Saharan Africa is meaningless if your cost of living is 1000 times higher than that of a subsistence farmer in sub-Saharan Africa. Poor Americans aren't paying sub-Saharan African prices; they're paying American prices, and that means their income does not go very far.