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?

 

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CURRENT

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IN THIS ISSUE

Now serving up good vibes on State Street

Fighting for change in our most vulnerable communities.

Running into a blazing building can be ‘terrifying,’ but some choose to do it, anyway. 

Here are three good opportunities to lighten up as the nights grow longer.

Dancing Wheels bring a world premiere to Mercyhurst.

Shapeshift With Me, relative to the band’s spectacular catalog as a whole, is certainly one of their less powerful studio albums.

Grate every road in downtown Erie all at once.

Some ‘multigrain’ bread has a little more protein than you’d like. 

Don’t just dream it. Be it!

If De Palmas trip down memory lane whets your appetite, come back to the museum for one of his most underrated movies a week later.