Category Archives: Economy

A lil’ poem to light your way

What History Fails to MentionWhat history fails to mention is

Most everybody lived their lives
With friends and children, played it cool
Left truth & beauty to the guys
Who tricked for bigshots, and were fools.

Gary Snyder
from Left Out in the Rain
North Point Press, 1986 

(via 3QD)

And, for more of your reading pleasure: Why Washington Accepts Mass Unemployment.

And thanks, Leftover, for the inspiration.

It’s hard out there for a kid

The Annie E. Casey Foundation has published its 23rd annual Kids Count Data Book, and the news? Is mixed. From the report (which you can read here: KIDSCOUNT2012DataBookFullReport):

Unlike the domains of  education and Health,  where children are  benefiting from long-  term progress overall,   the economic well-Being  of children and families  has plummeted because  of the recession.

and

In 2000, the official child poverty rate, which is a conservative mea- sure of economic hardship, was 17 percent. From 2000 to 2010, the number of children living in poverty jumped from 12.2 million to 15.7 million, an increase of nearly 30 percent. The additional 3.5 million children living in poverty is nearly equivalent to the entire population of the city of Los Angeles.

And thanks, Leftover, for the links.

If paychecks could talk…

Too simple? For more, go here.

And another thing…

They’re not just for the wealthy

Is a living wage a pipe dream?

Rep. C.W. Bill Young (R-FL) recently told a young man to get a job, when the young man told him he already had one, but it did not pay enough to support him.

Rep. Young had been asked if he’d support a bill proposed by Rep. Jesse Jackson Jr. (D-IL) that increases the federal minimum wage to $10. Here’s more on the minimum wage, which in Connecticut is $8.25. Even at a $1 more than the current federal minimum wage, the Connecticut Housing Coalition says the housing wage in the state — what a person must earn in order to afford a clean and safe two-bedroom apartment — is $23.58. No way can minimum wage in this state be considered a living wage.

You can read more about the state’s housing wage here: CT2

And thanks, DickG., for the link.

Uh-oh. Ten states where wages are falling.

(Check out No. 3.)

Sacred economics

For more on Charles Einstein, go here.