Mitch McConnell and the Senate Republicans are elevating poverty to its highest degree for the reason that 1960s
New real-time research shows that poverty has risen 2.4% in five months. This is the highest annual increase since the 1960s.
New research by economist Bruce Meyer of the Harris School of Public Policy at the University of Chicago and James Sullivan of the Department of Economics at the University of Notre Dame and the Lab for Economic Opportunities (LEO) showed that poverty is rising to levels around nowhere near observable is 60 years.
The results for November paint a terrible picture of a struggling nation:
– Poverty rose 2.4 percentage points from 9.3 percent in June to 11.7 percent in November and increased the number of poor by 7.8 million since June.
– The 2.4 percentage point increase in poverty in the five months since June is almost double the largest annual increase in poverty since the 1960s.
– Poverty has risen every month since June, although the unemployment rate fell by 40 percent (from 11.1 percent to 6.7 percent) during this period.
– With Pandemic Unemployment Assistance (PUA) expiring this month and nearly all coronavirus cases continuing to weigh on the economy, poverty is likely to continue to rise unless there is additional relief.
– The rise in poverty over the past five months is most evident in certain disadvantaged groups such as blacks (poverty of 3.1 percentage points) and those with higher education or less (poverty of 5.1 percentage points).
The House Democrats passed the HEROES bill on May 15th. Mitch McConnell and the Senate Republicans have refused to vote on the bill. Mitch McConnell and the Senate Republicans are why poverty is growing at a rate that has been seen in the United States for decades.
McConnell and his Republican caucus are causing an epidemic of poverty in the nation, and the small pre-Christmas deal won’t be enough to undo the damage Republicans wrought by blocking months of real COVID aid.
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Mr. Easley is the Founder / Executive Editor, White House Press Pool, and a Congressional Correspondent for PoliticusUSA. Jason has a bachelor’s degree in political science. His thesis focused on public order with a specialization in social reform movements.
Awards and professional memberships
Member of the Society of Professional Journalists and the American Political Science Association