Poverty Archives - Butterfly PAC

Tax cuts for rich people breed inequality without providing much of a boon to anyone else, according to a study of the advanced world that could add to the case for the wealthy to bear more of the cost of the coronavirus pandemic.

Retailers, police departments and loss prevention researchers are reporting an uptick in theft of necessities like food and hygiene products

26 million now say they don’t have enough to eat, as the pandemic worsens and holidays near

“Alice Walton, Jim Walton, and Rob Walton — the richest members of the family that owns Walmart — have seen their collective wealth grow by $43 billion ($43,000,000,000) during the pandemic, and their corporation has enjoyed record profits throughout. But according to a new study by the Government Accountability Office, Walmart is one of the top four employers of SNAP and Medicaid beneficiaries in 11 states. The study analyzed data from February — meaning the situation for Walmart workers has likely worsened due to the pandemic.

“That’s right: The richest company in the country, owned by the richest family in the country, pays such low wages that thousands of their workers need food stamps to survive. This is the real looting in America. Enough of this morally obscene corporate welfare. Enough of U.S. taxpayers footing the bill for Walmart’s starvation wages. It’s time for Walmart and the Waltons to pay their fair share, and pay their workers a living wage.” – Robert Reich

Two new studies show the effect of the emergency $2 trillion package known as the Cares Act and what happened when the money ran out.

The CDC is now citing stable housing as a vital tool to control the coronavirus, which has killed more than 200,000 Americans. Home is where people isolate themselves to avoid transmitting the virus or becoming infected. When local governments issue stay-at-home orders in the name of public health, they presume that residents have a home. For people who have the virus, home is often where they recover from COVID-19’s fever, chills and dry cough — in lieu of, or after a hospital stay.

“If we want to fix our politics, we have to do something about inequality,” says social psychologist Keith Payne. Showing how economic inequality changes the way people see and behave towards one another, Payne helps explain the rise of the political polarization that’s slicing up society — and challenges us to think twice the next time we dismiss someone for the sake of politics.

“The latest World Bank Group projections suggest that the COVID-19 pandemic and the associated economic crisis could push between 71 and 100 million people into extreme poverty. “

Neighborhood income and other structural factors have significant impacts on whether an individual in the area has been infected with or died from COVID-19, a new national study finds.

The cost of higher education has been rising for decades, but the federal government’s Pell Grants program has not kept up with the cost of college tuition.

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Fifty Years of Tax Cuts for Rich Didn’t Trickle Down, Study Says

Fifty Years of Tax Cuts for Rich Didn’t Trickle Down, Study Says

December 18, 2020

Tax cuts for rich people breed inequality without providing much of a boon to anyone else, according to a study of the advanced world...

The economy President-elect Biden is inheriting

The economy President-elect Biden is inheriting

December 11, 2020

More than 26 million workers—15.5% of the workforce—are being directly hurt by the coronavirus downturn

Stealing to survive: More Americans are shoplifting food as aid runs out during the pandemic

Stealing to survive: More Americans are shoplifting food as aid runs out during the pandemic

December 11, 2020

Retailers, police departments and loss prevention researchers are reporting an uptick in theft of necessities like food and hygiene products

A growing number of Americans are going hungry

A growing number of Americans are going hungry

November 26, 2020

26 million now say they don’t have enough to eat, as the pandemic worsens and holidays near