Above is an article looking at a discussion with Robert Greenstein and his thoughts on poverty in the US. Though the entire article is beneficial, i took a couple things away that i believe are tremendously important.
Income inequality is a disease that plagues the US. Proven, immediate remedies include raising the minimum wage and progressive taxation of the wealthy, while long term solutions includes restructuring education (Peterson, 2016). I further explanations and literature backing these arguments in my paper attached below. That being said, the article above reaches new depths, providing solutions to poverty and the growing gap in inequality within the US.
First, Universal Child Allowances. This would give money to parents who have children below the poverty threshold. I am proud to say, as a Colorado Native, that Michael Bennett (D-CO) has proposed a bill that would give many families with children close to $1,000. This acts as a sort of subsidy for families in need.
Second, something discussed by Robert Greenstein is addressing housing unaffordability. This was brought to my attention by my Grandpa after reading my inequality paper, Richard Peterson (an individual who has fought poverty and discrimination in the housing industry through real estate and currently addressing similar issues through encouraging and creating more employee owned companies). This is an important idea that is often overlooked, after-all, the way to riches is through the ownership of property. Greensteins solution for unafordable housing includes a system that adds more section 8 rental vouchers, and expands the low-income housing tax credit. While these are proposals for the future that are important, he also mentions current steps being taken by progressive leaders today, including President Obama's proposal to put $11 billion dollars towards programs to end family homelessness by 2020.
What becomes clear in this piece is that we are taking measures to close the gap between the rich and the poor, to bring back the middle class, and to end poverty. But we must, we can, and we will do more.