[NJFAC] What You Need to Make Hourly to Afford a 2-Bedroom Rental in Every State

Here's What You Need to Make Hourly to Afford a 2-Bedroom Rental in Every State

New report by the National Low-Income Housing Coalition offers grim reality check.

By Michael Arria / AlterNet May 29, 2015

Every year Out of Reach, a program from the National Low-Income Housing Coalition, puts out a report demonstrating how unaffordable rents have become throughout the United States. Its 2015 report has just been released and it highlights some disturbing statistics: the federal minimum wage is $7.25, adding up to an annual income of $15,080. The 2015 Fair Market Rent is $806, meaning it would take 86 hours of work at minimum wage to afford rent. Government benefits are calculated as if renters spend 30% of their income on housing, but 10.3 million households have incomes at or below 30% of the Area Median Income. In other words, 1 out of every 4 renters can't afford their existing rent.

Read the report here.

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[NJFAC] the Criminalization of Poverty

The Poor Get Prison: The Alarming Spread of the Criminalization of Poverty
by Karen Dolan with Jodi L. Carr

Foreword: Barbara Ehrenreich

5 Introduction: Being Poor in a Hostile Nation

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6 Section 1: The Rise of Debtors' Prisons in 21st Century America

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9 Section 2: Barriers to Reentry for Returning Citizens

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12 Section 3: Probation Profiteering

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16 Section 4: School-to-Prison Pipeline

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20 Section 5: The Criminalization of Homelessness

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23 Section 6: Confiscating Poor People's Property through Civil Asset Forfeiture

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27 Conclusion

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30 Endnotes
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[NJFAC] The Deadliest Jobs in America

The Deadliest Jobs in America May 13, 2015 http://www.bloomberg.com/graphics/2015-dangerous-jobs/

The U.S. Department of Labor tracks how many people die at work, and why. The latest numbers were released in April and cover the last seven years through 2013. Some of the results may surprise you.

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[NJFAC] TPP: the Trans-Pacific Partnership

Two members of the Executive Committee of the NJFAC have written about this agreement, currently under negotiation:

Sheila Collins-- Trans-Pacific Partnership (TPP): The trade deal you aren't allowed to know about until it hits you!
                                                           http://www.njfac.org/TPP/TPP-secret.pdf  

June Zaccone-- The Trans-Pacific Partnership (TPP): A Corporate Agenda: http://www.njfac.org/TPP/TPP.pdf 

      [Done in 12/14. I am updating this a bit within the next week.j]

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[NJFAC] US minimum wage: slightly more than SK and Japan, less than UK, Can, Ger

"Adjusted for purchasing power and including taxes, the U.S. federal minimum wage is $6.26 an hour, slightly more than in South Korea and Japan but slightly less than in the United Kingdom, Canada and Germany. Organization for Economic Cooperation and Development" Washington Post, Wonkbook 5/7/15

Read the OECD's FOCUS on Minimum wages after the crisis: Making them pay

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[NJFAC] Summers: jobs, not education, is the answer to inequality. "Evidence of Intelligent Life in the Economics Profession"

Evidence of Intelligent Life in the Economics Profession

By Dean Baker, published by Al Jazeera America

Last month, former Clinton Treasury Secretary and top Obama adviser Larry Summers ripped into those arguing that more education is the answer to the country's inequality problems:

"The core problem is that there aren't enough jobs. If you help some people, you could help them get the jobs, but then someone else won't get the jobs. Unless you're doing things that have things that are affecting the demand for jobs, you're helping people win a race to get a finite number of jobs."

He made these comments at a conference put on by the Robert Rubin funded Hamilton Project held at the Brookings Institution.

If the significance of these comments is not clear, the most important economic figure of the mainstream of the Democratic Party was demolishing one of the party's central themes over the last two decades. He was arguing that the problems of the labor force -- weak employment opportunities, stagnant wages, and rising inequality -- were not going to be addressed by increasing the education and skills of the workforce. Rather, the problem was the overall state of the economy.

The standard education story puts the blame for stagnant wages on workers. The key to getting ahead is getting a good education. The story Summers was telling at Brookings is that the blame is on the people who design economic policy. It is their fault that workers aren't able to secure decent paying jobs.

Read the rest of the article here.

If additional evidence were needed, California's low-wage workers earn less than in 1979, study shows

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