The American Dream used to mean that if you put in a hard day's work, you could expect good wages, benefits, and a better life for your kids. Today, the kinds of jobs that can provide a solid middle-class life in return for hard work are in short supply - unemployment is high, earnings are flat, and hard-won benefits are being lost. The future of Oregon's middle class, the backbone of the state's economy for more than half a century, is at risk.
Oregon's strong and vibrant middle class didn't just happen.
A Silverton think tank said Tuesday that Oregon's middle class faces big issues in coming years.
The Oregon Center for Public Policy, in a report called The Fraying of Oregon's Middle Class, contends that well-paying jobs are in short supply as the cost of maintaining a family continues to increase. The center compiled the report with New York-based researcher Demos.
In the past 15 years the ramifications of poor credit have grown, as credit score "mission creep" has set in, said Amy Traub, a senior policy analyst with the New York-based think tank Demos and author of the recently released report "Discrediting America." Credit scores determine not just the interest rates paid on material goods, such as a cell phone or car, but also the pricing of utilities and insurance. Approximately 60 percent of employers use credit reports to screen job applicants.
Amy Traub, a senior policy analyst at watchdog group Demos, says that credit-based insurance scores hurt lower-income people more because they are more likely to have lower scores. She noted a study that showed while those with lower scores made more claims because they couldn't swallow the costs, the cost of those claims were not necessarily greater.
The public is overwhelmed by budget deficits, shrinking public supports, and the inability of its government to compromise. In this climate, so-called minority issues seem like a distraction. But black and Latino men between the ages of 16 and 24 are profoundly more likely to be poor than whites, more likely to be unemployed or the victims of violent crime, and less likely to graduate from high school.
The American Dream is about working hard in return for decent wages, economic stability, and being able to provide a better life for your kids. But the kinds of jobs that can provide a solid middle-class life in return for hard work are in short supply in Texas. Unemployment is still high, earnings have been stagnant for a decade, and many workers lack health insurance and retirement savings to protect them financially during a serious illness or when they can no longer work.
In its bombshell of a report “Discrediting America,” the nonpartisan public policy research group Demos sums up the problem for black and Latinos:
Credit reports largely mirror racial and economic divides, with African Americans and Latinos disproportionately likely to have lower scores. In turn, these communities are more likely to be offered high-priced loan products, which may contribute to more defaults, maintaining and amplifying historical injustice.
Pennsylvania's middle class is in jeopardy. Once the home of a thriving manufacturing sector, robust union participation, and an example of smart policy choices and a stable middle class, the state has been caught in a downward spiral that mirrors unfortunate national trends. And though Pennsylvania has weathered it better than most, the Great Recession has intensified this spiral in the Keystone State as well.
Now is the time for citizens, workers, employers, and policymakers to come together once again to rebuild pathways to the middle class, create good jobs with fair pay and decent benefits, and ensure that prosperity is broadly shared for the next generation.
Washington's strong and vibrant middle class didn't just happen. It was built brick by brick in the decades after World War II-by the hard work of our parents and grandparents and the strength in numbers that came from the unions that represented them. Unions made sure that as our nation's wealth and productivity grew, so too did the income and benefits of the people who worked hard to create that wealth. For decades, our nation's prosperity was widely shared-wages increased and more employers provided their workers with health insurance, pensions, and paid time off.
The fear of poverty and outliving one's resources is an increasingly common experience among today's senior citizens. For millions of American seniors this fear is justified. In only four years, the number of seniors at risk of outliving their resources increased by nearly 2 million households. Using the Senior Financial Stability Index, economic insecurity among senior households increased by one-third, rising from 27 percent to 36 percent from 2004 to 2008. This steady and dramatic increase occurred even before the full force of the Great Recession hit.
Research
Institute on Assets and Social Policy at Brandeis University
“The middle class is not on the same solid footing that it once was,” said Jennifer Wheary, who cowrote a study on the recession’s impact on middle-class African Americans and Latinos with Brandeis University and the New York think tank Demos.
“If you’re out of work for a long time, you have difficulty paying your bills,” says Amy Traub, coauthor of a June report from the think tank Demos that calls for reform of the credit reporting industry. “If potential employers are looking at credit scores, how on earth are you going to pay your bills then?”
What’s more, the credit bureaus themselves acknowledge there is no proof of a link between a person’s credit report and their suitability as an employee.
"College graduates are less likely to get a job," said Anna Pycior, a spokeswoman for Demos. "If you do manage to get a job, it is getting less and less likely you will be provided with health benefits and you will face the increasingly bleak prospect of a retirement plan.
"All of it while trying to address your $27,000 on average in student debt."
A preliminary analysis of the United States Election Assistance Commission’s (EAC) biennial report to Congress on the NVRA shows the dramatic impact that stepped-up oversight and enforcement of voter registration mandates at state agencies can have in reversing the long decline in registration among low-income and working class Americans. Individual states clearly show the impact of enforcement activity although the data in the recent EAC Report also show that many states continue to ignore their responsibilities.
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The Devastating Impact Of This Right-Leaning, Ideological Court May Only Get Worse
Last week, an HBO film crew was in my Manhattan neighborhood shooting a movie about legendary record producer Phil Spector, now serving nineteen years to life for the 2003 shooting death of actress Lana Clarkson.
Why is it important for civil rights and good government groups to to be granted status as intervenor defendants in a lawsuit about counting prisoners in redistricting?
Because the legislative commission charged with drawing the lines, LATFOR, hasn't exactly been vigorous in defending itself in a lawsuit filed about the issue, they say.