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Yep, they are poor just not poor enough

Poverty

Yep, you’re poor, but we don’t care. The rules of austerity mean if you are poor you are on your own. Am I my brother’s keeper? Heck no. My brother needs to get two or three jobs in spite of the fact there are three or four applicants for each job. My brother needs to work harder. Dog eat dog. Welcome to the rules of austerity.

From AP:

In South Carolina, a yearly income of $16,900 is too much for Medicaid for a family of three. In Florida, $11,000 a year is too much. In Mississippi, $8,200 a year is too much. In Louisiana and Texas, earning more than just $5,000 a year makes you ineligible for Medicaid.

Governors in those five states have said they’ll reject the Medicaid expansion underpinning Obama’s health law after the Supreme Court’s decision gave states that option. Many of those hurt by the decision are working parents who are poor — but not poor enough — to qualify for Medicaid.

Republican Mitt Romney’s new running mate, conservative Wisconsin congressman Paul Ryan, has a budget plan that would turn Medicaid over to the states and sharply limit federal dollars. Romney hasn’t specifically said where he stands on Ryan’s idea, but has expressed broad support for his vice presidential pick’s proposals.

Medicaid now covers an estimated 70 million Americans and would cover an estimated 7 million more in 2014 under the Obama health law’s expansion. In contrast, Ryan’s plan could mean 14 million to 27 million Americans would ultimately lose coverage, even beyond the effect of a repeal of the health law, according to an analysis by the nonpartisan Kaiser Family Foundation of Ryan’s 2011 budget plan. (more…)

By |2012-08-14T21:00:37-04:00August 14th, 2012|Economy, Healthcare|Comments Off on Yep, they are poor just not poor enough

A Couple of Things Rattling Around My Brain

Yesterday was my birthday. One of the good/bad things about Facebook is that if you place your birthday in your Facebook profile, everybody can figure out when your birthday is. As a result, you get lots of birthday wishes. 🙂 This the best video that was posted to my Facebook site yesterday.

Republican Congressman Paul Ryan has vigorously argued that we need to give more tax breaks to the wealthy so they can “grow the economy.” As we’ve seen over the last 30 years, every major tax break provided by several different administrations were given to the wealthy. They were able to grow their incomes while incomes of the middle and lower classes have stayed stagnant. Upper mobility is more difficult here in the United States than it is in many European countries.

The Economic Mobility Project states:

“Most studies find that, in America, about half of the advantages of having a parent with a high income are passed on to the next generation,” their report concludes. “This means that one of the biggest predictors of an American child’s future economic success — the identity and characteristics of his or her parents — is predetermined and outside that child’s control. To be sure, the apple can fall far from the tree and often does in individual cases, but relative to other factors, the tree dominates the picture. These findings are more striking when put in comparative context. There is little available evidence that the United States has more relative mobility than other advanced nations. If anything, the data seem to suggest the opposite.”

 

By |2011-10-27T10:21:09-04:00October 27th, 2011|Economy|Comments Off on A Couple of Things Rattling Around My Brain
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