Child Poverty Hinders the Economy

Category:  BloggERy
Friday, December 2nd, 2011 at 10:38 AM
Child Poverty Hinders the Economy by Jay Stevens
Michael Mac Zesty

As you all know -- at least I hope you do, since I've been pounding on the topic here -- Erie has twice the poverty rate as the national standard. And that number is even higher for Erie children -- it's at an astounding 43 percent.

Not surprising, it turns out that childhood poverty has an economic cost:

 Based on an analysis of the U.S. Census Bureau's 2006 American Community Survey data, researchers estimated that child poverty costs the nation $500 billion annually in foregone earnings, involvement in crime, and the costs associated with poor health outcomes. In Pennsylvania, the cost is $17.5 billion annually, based on the 2006 data showing 465,000 (or 17%) of children living in poverty.

In effect, this is money that would accrue to the U.S. and Pennsylvania economies if we took steps now to end child poverty once and for all, such as investing in education, health care and other vital family needs.

Lilienthal argues that "it's...critical to look at poverty as a huge economic and jobs issue," and advocates for poverty-reduction programs, one of them being investment in education

I get why Lilenthal brings up the economic argument. It's the language of the dominant paradigm. And it's the only kind of argument many MBA pinheads understand. But that's an indictment of how people in power think, isn't it?

We should eliminate poverty simply because it's the right thing to do...right?

 

Erie Reader: Vol. 7, No. 8
Now Available — Pick It Up Today

CURRENT

The condition of cannabis use in Pennsylvania

Potential devastation in the wake of EPA budget cuts 

How what we learn before the primary may matter through 2030 

This year, Earth Day Network and the March for Science have partnered to raise awareness.

If you’ve been inspired by the Women’s Marches you won’t want to miss the Penn State Behrend Gender Conference.

IN THIS ISSUE

The condition of cannabis use in Pennsylvania

Potential devastation in the wake of EPA budget cuts 

How what we learn before the primary may matter through 2030 

This year, Earth Day Network and the March for Science have partnered to raise awareness.

If you’ve been inspired by the Women’s Marches you won’t want to miss the Penn State Behrend Gender Conference.

David Lynch: The Art Life and Twin Peaks: Fire Walk with Me come to the Erie Art Museum

Semper Femina is a dense, literate work from a genius musician, full of complex ideas.

Subterranean Homesick Tommy

Franchise’s freedom sets open world game apart

The 92-year-old secular rabbi of American poetry, ferocious and funny as ever.