Saturday, September 27, 2014

Census data on poverty show results of economic policy gone wrong

Michael Hiltzik

The headline number in last week's release of Census Bureau data on poverty was pretty good. It was widely noted that the rate dropped significantly for the first time since 2006, with especially sharp declines among children and Latino families.

A peek under the hood, however, reveals the dismal realities of the modern U.S. economy. Other than the population over 65 and under 18, wages and economic mobility are frozen solid. The national safety net is barely keeping up with need. And years of austerity politics — cutoffs of unemployment benefits, premature termination of low-income assistance programs, resistance in some regions to bringing healthcare coverage to low-income residents via Medicaid — have kept millions of Americans mired in near-poverty or in economic stagnation.

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