Jobs Aren’t a Solution to Poverty

Long read but well worth the effort. Punctures a ton of myths about poverty. An example: “This imbalanced economy explains why America’s poverty rate has remained consistent over the past several decades, even as per capita welfare spending has increas…

Long read but well worth the effort. Punctures a ton of myths about poverty. An example: “This imbalanced economy explains why America’s poverty rate has remained consistent over the past several decades, even as per capita welfare spending has increased. It’s not that safety-net programs don’t help; on the contrary, they lift millions of families above the poverty line each year. But one of the most effective antipoverty solutions is a decent-paying job, and those have become scarce for people like Vanessa. Today, 41.7 million laborers — nearly a third of the American work force — earn less than $12 an hour, and almost none of their employers offer health insurance.”

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