Don’t let politicians cut housing aid
CHN Staff,
February 2, 2023
We all need physical safety before we can do anything else. Without a roof over our heads, that sense of security is impossible. And with two small children in tow, things get scary. And after fleeing a dangerous domestic situation with my baby and 9-year-old son, with no home but the small moving truck I had rented to escape, I still felt unsafe and terrified. I left economic security and a beautiful Victorian home overlooking a lush green park in Savannah, Georgia and drove to Jacksonville, Florida — where I discovered the only affordable options for housing for us were uninhabitable apartments.
CHN’s COVID-19 Watch: Tracking Hardship, January 27, 2023
CHN Staff,
January 27, 2023
The debt ceiling edition. There just might be some good news on the COVID-19 front. New cases, hospitalizations, stays in ICUs and test positivity are all down sharply, compared with two weeks ago. This follows a post holiday bump reported in early to mid January. Meanwhile, the “tripledemic” of RSV, flu, and COVID-19 is easing off, as hospitals nationwide report improving conditions.
It’s official: the U.S. tax code worsens racial disparity in America
David Elliot,
January 27, 2023
For some time, human needs advocates and many economists have maintained that the U.S. tax code discriminates on the basis of race and ethnicity by increasing disparities between families with wealth – more often White families – and families without wealth. Now, for the first time ever, a U.S. Treasury Department study has confirmed these suspicions: White Americans disproportionately benefit from a variety of tax breaks, including those aimed at investors.
Who does inflation hurt most? From 2021 to 2022, the ground shifted.
David Elliot,
January 26, 2023
When inflation began ravaging Americans’ pocketbooks and wallets in early 2021, it was middle-income Americans who mostly bore the brunt. That’s because inflation then was in part driven by gas costs and a shortage of used cars, which led to higher prices. Americans with low incomes, while hurt, were affected slightly less. Last year, that changed, according to a new report by the New York Fed.
America’s inequality problem in one statistic
CHN Staff,
January 20, 2023
If you work for a big corporation, there’s a very good chance your boss has already raked in more cash than you will all year. If the typical CEO of a large U.S. corporation clocked in at 9 am on January 2, by 3:37 pm that afternoon he’d made $58,260 — the average annual salary for all U.S. occupations. In less than seven hours on the first workday of the year, that CEO made as much as the average U.S. worker will make all year long.
