Economy, asked by yatink9678, 17 hours ago

How To Get Opportunity To Decrease The Poverty​

Answers

Answered by c1419
0

Answer:

1. Create jobs

The best pathway out of poverty is a well-paying job. To get back to prerecession employment levels, we must create 5.6 million new jobs. At the current pace, however, we will not get there until July 2018. To kick-start job growth, the federal government should invest in job-creation strategies such as rebuilding our infrastructure; developing renewable energy sources; renovating abandoned housing; and making other common-sense investments that create jobs, revitalize neighborhoods, and boost our national economy. We should also build on proven models of subsidized employment to help the long-term unemployed and other disadvantaged workers re-enter the labor force.

In addition, the extension of federal unemployment insurance would have created 200,000 new jobs in 2014, according to the Congressional Budget Office. Indeed, every $1 in benefits that flows to jobless workers yields more than $1.50 in economic activity. Unfortunately, Congress failed to extend federal unemployment insurance at the end of 2013, leaving 1.3 million Americans and their families without this vital economic lifeline.

2. Raise the minimum wage

In the late 1960s, a full-time worker earning the minimum wage could lift a family of three out of poverty. Had the minimum wage back then been indexed to inflation, it would be $10.86 per hour today, compared to the current federal minimum wage of $7.25 per hour. Raising the minimum wage to $10.10 per hour and indexing it to inflation—as President Barack Obama and several members of Congress have called for—would lift more than 4 million Americans out of poverty. Nearly one in five children would see their parent get a raise. Recent action taken by cities and states—such as Seattle, Washington; California; Connecticut; and New Jersey—shows that boosting the minimum wage reduces poverty and increases wages.

3. Increase the Earned Income Tax Credit for childless workers

One of our nation’s most effective anti-poverty tools, the Earned Income Tax Credit, or EITC, helped more than 6.5 million Americans—including 3.3 million children—avoid poverty in 2012. It’s also an investment that pays long-term dividends. Children who receive the EITC are more likely to graduate high school and to have higher earnings in adulthood. Yet childless workers largely miss out on the benefit, as the maximum EITC for these workers is less than one-tenth that awarded to workers with two children.

President Obama and policymakers across the political spectrum have called for boosting the EITC in order to right this wrong. Importantly, this policy change should be combined with a hike in the minimum wage; one is not a substitute for the other.

4. Support pay equity

With female full-time workers earning just 78 cents for every $1 earned by men, action must be taken to ensure equal pay for equal work. Closing the gender wage gap would cut poverty in half for working women and their families and add nearly half a trillion dollars to the nation’s gross domestic product. Passing the Paycheck Fairness Act to hold employers accountable for discriminatory salary practices would be a key first step.

5. Provide paid leave and paid sick days

The United States is the only developed country in the world without paid family and medical leave and paid sick days, making it very difficult for millions of American families to balance work and family without having to sacrifice needed income. Paid leave is an important anti-poverty policy, as having a child is one of the leading causes of economic hardship. Additionally, nearly 4 in 10 private-sector workers—and 7 in 10 low-wage workers—do not have a single paid sick day, putting them in the impossible position of having to forgo needed income, or even their job, in order to care for a sick child. The Family and Medical Insurance Leave Act, or FAMILY Act, would provide paid leave protection to workers who need to take time off due to their own illness, the illness of a family member, or the birth of a child. And the Healthy Families Act would enable workers to earn up to seven job-protected sick days per year

Explanation:

Answered by rudrachapule1
0

Answer:

opportunity

Explanation:

we should come together and demand to government for decrease poverty

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