الأربعاء، 18 أبريل 2018

This is the real reason many Americans stay poor

In his State of the Union address, President Trump said “there has never been a better time to start living the American Dream.” But the new 2018 Prosperity Now Scorecard and its accompanying report says that isn’t so for low-income Americans.

“The system is, by just about all measures, stacked against those with low incomes and low wealth for the benefit of the wealthiest,” says the report from the nonpartisan but left-leaning Prosperity Now nonprofit, which provides research and recommendations regarding Americans with limited incomes.

One example: low-income people are ineligible for federal programs such as SNAP (food stamps) and TANF (Temporary Assistance for Needy Families) if they amass “even modest savings,” the report noted. Prosperity Now calls policies like this “a roadblock on the path to saving.”
What the 2018 Prosperity Now scorecard found

The 2018 Prosperity Now Scorecard and its report, Whose Bad Choices? How Policy Precludes Prosperity and What We Can Do About It, also make the argument that the U.S. economic system and policies of the Trump administration and Congress are stacked against people of color.

“We’ve heard more rhetoric lately about [low-income] people making ‘bad choices’ or being ‘irresponsible with money’ and that’s been the direction policy has been going,’ said Kasey Wiedrich, director of applied research at Prosperity Now. “We wanted to attack that.” One example of the rhetoric: Sen. Chuck Grassley (R-Iowa) recently said lower-income Americans “are just spending every darn penny they have whether it’s on booze or women or movies.”

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from Salisbury News https://ift.tt/2qH1Xoy

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