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. 5, No. 10
Now Available — Pick It Up Today

CURRENT

Millions will March Against Monsanto this Saturday, May 23, in a worldwide food fight for freedom.

The Brewerie at Union Station unveils its new "Red, White & Brew" in support of the Veteran's Miracle Center Erie. 

You've had the beer. Listen to the brewers review the fruits of their labor.

 

You've had the beer. Listen to the brewers review the fruits of their labor. 

The A.V. Club kicks off the sixth series of its cover series with performances from Punch Brothers and Bela Fleck & Abigail Washburn.

IN THIS ISSUE

Civitas presents an "interview" with The Congress for New Urbanism in mind.

Jose James pays a proper and powerful tribute to Billie Holiday with this nine-track album.

The highs and lows of the album feature overlaying melodies with fluctuating rhythms.

Avengers: Age of Ultron features the building-smashing and city-destroying scenes you'd expect, but two unexpected characters steal the show.

With this album, Mumford and Sons steps away from their usual style to embrace a new approach.

Western Pennsylvania native George "Doc" Medich on the Yankees, the "tough town" of Aliquippa, and Mike Ditka.

The Waterfall channels all of My Morning Jacket's energy into its vocals.

How collaboration in the local craft brewing movement is revamping local industry on a national scale.

Why politics in Erie is more about filling a vacant position than challenging an incumbent.

The distracting joke of Jade Helm 15 doesn't have us laughing as the Patriot Act's renewal seems inevitable.