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

It's been a big day in world news, folks. The Taliban has claimed responsibility for another massive terrorist attack, Cuban cigars are about to become legal, and your holiday plans to see "The Interview" are getting spoiled. All that and more, in case you missed it.

The Republican field begins to take shape for 2016. When will we learn from our mistakes. 

The Senate confirms a surgeon general and lots, lots, of judges. 

The United Way and Home Team of Erie County host a memorial event for homeless in our region. 

Congress passed a spending bill, but at what cost?

IN THIS ISSUE

The Presque Isle Partnership is hosting Polar Fest on Sunday, Dec. 14, a winter version of Discover Presque Isle, if you will, featuring indoor and outdoor activities related to the winter season.

Music fans were in for a treat this past November when a long list of those loquacious lyricists showed off their musical chops at 814 Grinders: Hip-hop Pt. 1. The event was so good, in fact, that it will be getting a sequel Friday, Dec. 12 at The Beer Mug.

Wayward Tattoo Studio presents Arc Angels Toy Drive

PACA presents Every Christmas Story Ever Told (and then some!)

The Lake Erie Ballet will continue its holiday tradition this year with four productions of The Nutcracker at the Warner Theatre this December, including a pair of special events. 

Pittsburgh indie rockers return to Erie's Basement Transmissions.

The Station Dinner Theatre will celebrate its 25th Anniversary Holiday Musical event with Christmas Memories: A Christmas Carol

Martinis and blues go together just like peas and carrots. Confused? Read on.

Michigan-bred 'mericana badasses return to Erie Saturday, Dec. 19.

ECO showcases both new and old holiday music with its upcoming show.