HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » General Discussion (Forum) » Ranks of working poor inc...
Introducing Discussionist: A new forum by the creators of DU

Wed Jan 16, 2013, 06:59 AM

Ranks of working poor increasing

http://www.washingtonpost.com/business/economy/ranks-of-working-poor-increasing/2013/01/15/8d1f51e2-59b9-11e2-88d0-c4cf65c3ad15_story.html


Michael S. Williamson/WASHINGTON POST - The ranks of the so-called working poor have grown even as the nation is showing signs of shaking off the worst effects of the recession.

Nearly a third of the nation’s working families earn salaries so low that they struggle to pay for their necessities, according to a new report.

The ranks of the so-called working poor have grown even as the nation has created new jobs for 27 consecutive months and is showing other signs of shaking off the worst effects of the recession.

“Although many people are returning to work, they are often taking jobs with lower wages and less job security, compared with the middle class jobs they held before the downturn,” according to a report released Tuesday by the Working Poor Families Project, a national initiative aimed at fostering state policies to help low-income working families.

With the nation’s economy in recovery, the report said, more than 70 percent of low-income families and half of all poor families were working by 2011. The problem is they did not earn enough to cover their basic living expenses.

8 replies, 946 views

Reply to this thread

Back to top Alert abuse

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 8 replies Author Time Post
Reply Ranks of working poor increasing (Original post)
xchrom Jan 2013 OP
xchrom Jan 2013 #1
woo me with science Jan 2013 #2
99Forever Jan 2013 #3
burnsei sensei Jan 2013 #6
TheKentuckian Jan 2013 #4
theaocp Jan 2013 #5
kenny blankenship Jan 2013 #7
toby jo Jan 2013 #8

Response to xchrom (Original post)

Wed Jan 16, 2013, 08:59 AM

1. kick

Reply to this post

Back to top Alert abuse Link here Permalink


Response to xchrom (Original post)

Wed Jan 16, 2013, 09:00 AM

2. Kick

Reply to this post

Back to top Alert abuse Link here Permalink


Response to xchrom (Original post)

Wed Jan 16, 2013, 09:06 AM

3. Welcome to the new, improved...

.. United States of Austerity.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to 99Forever (Reply #3)

Wed Jan 16, 2013, 10:02 AM

6. +1

nt

Reply to this post

Back to top Alert abuse Link here Permalink


Response to xchrom (Original post)

Wed Jan 16, 2013, 09:47 AM

4. That was the plan, Stan.

All the "small people" were getting uppity and starting to make a stink about a generation of stagnant wages before the crash so now we get a "reset" of such magnitude that we just want to get back there and the horizon comes a bit closer aka "new normal"

Reply to this post

Back to top Alert abuse Link here Permalink


Response to xchrom (Original post)

Wed Jan 16, 2013, 09:49 AM

5. k&r n/t

Reply to this post

Back to top Alert abuse Link here Permalink


Response to xchrom (Original post)

Wed Jan 16, 2013, 10:13 AM

7. This is just proof that Free Trade is working.

Free Trade as embodied in NAFTA and GATT creates a globalized labor market. In such a market the price of labor in "developed" nations must necessarily collapse towards the level prevailing in the most impoverished nations. There are two billion people living in absolute poverty in the world - an inexhaustible supply of rightless and essentially free labor! It's truly a capitalist paradise and there are more exploitable bodies entering the world all the time. So, if there is a marked increase in the numbers of working poor people in the US that just means the main Reagan-Bush-Clinton-Obama economic prescription (free trade, and lots of it) is doing its job. Steady as she goes, Captain! Trans Pacific Partnership Agreement off the port bow. Make ready the boarding and signing party.
We should feel fortunate and grateful. It's a very exciting time to be alive!

Reply to this post

Back to top Alert abuse Link here Permalink


Response to kenny blankenship (Reply #7)

Wed Jan 16, 2013, 02:50 PM

8. There was 'free trade' evil in more primitive societies, too.

"The rich need an abundant supply of the poor" Voltaire - 1700s,

When our walls were closed we could focus the creation of money into a higher standard of living for those within.
Now it dissipates. We've gotta export unions and clean energy standards and healthcare, too. That will help us get a new line drawn of 'our walls' as being the humanity in our global village, and we'll get the resurgance of higher standards.

But you're right, kenny, it's a capitalist paradise and it sucks.

Reply to this post

Back to top Alert abuse Link here Permalink

Reply to this thread