Posted By LambChop
From The Washington Post:
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:
1/3 of working families do not earn enough to cover basic living expenses.
FACT: The numbers of “working poor” have grown even as the Obama administration claims the economy is in recovery.
FACT: The jobs they are forced to take have less security and pay lower wages.
FACT: Many jobs are part-time (less than 30 hours) because of response to Obamacare stipulation the employers face significant fines for not providing regulated healthcare to its employees.
FACT: 32 percent of working families earned salaries that put them below double the poverty threshold. For a family of four, double the poverty threshold was $45,622. That percentage has crept up from 28 percent in 2007, the year the recession began.
FACT: Liberal “economic” policies have increased disparity in incomes. Many occupations experiencing the fastest job growth during the recovery are low paying: retail jobs, food preparation, clerical work and customer assistance.
FACT: Jobs typically filled by college graduates fared better than others during the downturn. College education costs have increased, driven by aid-eligible institutions that have drastically raised tuition (up 15%) to maximize aid they receive.
FACT: In 2012, the
U.S. government paid out $80.4 billion on food stamps, a $2.7 billion increase