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Recession Scars Linger no group unscathed

Recession Scars Linger no group unscathed. Renell Weathers Outreach Director Michigan League for Public Policy rweathers@mlpp.org.

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Recession Scars Linger no group unscathed

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  1. Recession Scars Linger no group unscathed Renell Weathers Outreach Director Michigan League for Public Policy rweathers@mlpp.org

  2. The League’s MissionTo foster economic opportunity, independence and security for Michigan families by shaping public policy through objective data-driven research, education and advocacy 1223 Turner St. Suite G-1, Lansing, MI 48906-4369  (517) 487-5436 Fax: (517) 371-4546  Web site: www.MiLHS.org A United Way Agency

  3. Since the Recession Cuts: 2001 - $26 M 2012 - $2 M 2013 - $6 M State EITC refunds drop from $349 million to $105 million 1 Unemployment: 8.9% in December; 413,000 unemployed 5 2 48% of kids receiving free and reduced price lunches 1/837 homes foreclosure filing in January 3 4 Michigan League for Public Policy

  4. And… One third of working families in Michigan are low- income 6 More Michigan residents lost more employer-sponsored insurance than anywhere in country in past decade (4.2 million to 3 million covered) Income disparity nationwide is at highest levels since Great Depression, and Michigan has a big gap 7 8 Michigan League for Public Policy

  5. What does the number548,000 represent? 1223 Turner St. Suite G-1, Lansing, MI 48906-4369  (517) 487-5436 Fax: (517) 371-4546  Web site: www.MiLHS.org A United Way Agency

  6. What is Poverty? Family of 3 $18,000 Family of 4 $24,000 Michigan League for Public Policy

  7. Poverty in Michigan Continuesto Rise Michigan League for Public Policy

  8. 2011 Poverty Total 17.5% Children 24.4% Families with Children 20.9% Michigan League for Public Policy

  9. 1 in 6 people live in poverty Total number of people living in poverty 1,693,294 Michigan League for Public Policy

  10. 1 in 5 families with children live in poverty Number of families with children living in poverty 1,138,970 Michigan League for Public Policy

  11. 1 in 4 children live in poverty Number of children living in poverty 548,145 Michigan League for Public Policy

  12. How Much Do KIDS COUNT in Michigan? Michigan kids in poverty would fill the UM Big House 5 times Michigan League for Public Policy

  13. WorseBetter 60 40 20 0 20 40 Michigan Trends in Child Well-Being 2005-2010 Economic Security Education Michigan League for Public Policy

  14. Income from a full-time year-round minimum wage ($7.40 per hour) job does not lift a family of four above poverty.

  15. Young Children, Ages 0-5, Eligible for Food Assistance Program* 2011 (MI – 37.4%) Michigan League for Public Policy

  16. Change in Family Poverty, 2007 and 2011 Michigan League for Public Policy

  17. Change in Poverty by Race/Ethnicity, 2007 - 2011 Michigan League for Public Policy

  18. Poverty by Race/Ethnicity, 2011 13.3% white, not Latino Michigan League for Public Policy

  19. What Causes/Contributesto Poverty? Michigan League for Public Policy

  20. 400,000 Workers Unemployed Every Month in 2012. Jobs Michigan League for Public Policy

  21. Income Michigan’s Median Income of $45,981 has dropped more than $6,000 since the beginning of the recession. Michigan League for Public Policy

  22. Tax Changes CAR PAYMENT CREDIT CARDS FOOD GAS UTILITIES SAVINGS MORTGAGE Michigan League for Public Policy Cuts to business taxes Shift the burden to individuals

  23. Michigan Earned Income Tax Credit Cut, 2011 vs. 2012 70%drop $439 $132 Michigan League for Public Policy

  24. Fewer Children Kept Outof Poverty 20%= 14,000 6% = 5,000 Michigan League for Public Policy

  25. Policy Changes UI benefits Asset test for food assistance Restrictions on FIP Michigan League for Public Policy

  26. What Can We Do to Reduce Economic Insecurity? • Restore unemployment insurance benefits and index them for inflation. • Restore the state Earned Income Tax Credit for low-income working families. • Raise the minimum wage to a level that lifts a family of four above the poverty level ($23,000). • Raise the eligibility and adjust the sliding scale for the child care subsidy. Michigan League for Public Policy

  27. Advocacy 202: YOU CAN MAKE A DIFFERENCE • Contact your legislators/ members of Congress • Write letters to the editor/OpEds • Provide stories of impact of policy decisions Michigan League for Public Policy

  28. You have the power! … Conscience asks the question "Is it right?" And there comes a time when one must take a position that is neither safe, nor politic, nor popular, but he must do it because Conscience tells him it is right.” -- Dr. Martin Luther King, Jr. “Never doubt that a small group of thoughtful, committed citizens can change the world. Indeed, it is the only thing that ever has” -- Margaret Mead

  29. Thank You! Michigan League for Public Policy 1223 Turner Street, Suite G-1 Lansing, Michigan 48906-4369 Phone: (517) 487-5436 rweathers@mlpp.org Website:www.mlpp.org Sign up for “Email Alerts” Check out our Blog Become a member

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