America's real economy isn't booming
Walter Holm, age 67, a Vietnam veteran is living at Transitions, a homeless recovery center in Columbia, SC in 2016. There are other aging veterans who are homeless and looking for work, but not finding it.
At that level of income, there’s almost no way to pay for food and shelter in any sizeable American city. That means people now can both be employedIn America’s big cities, chiefly because of a widening gap between rent and wages, thousands of working poor remain homeless, sleeping in shelters, on the streets, or in their vehicles, sometimes along with their families.
Even in households that combine income from two wage-earners, it’s rarely enough to live on without anxieties about money. It takes an average of a little more than $100,000 per year now for a household to be able to live without anxieties about money., the minimum wage rose to $7.25 by 2009, but since then inflation has eroded 10% of its buying power. So this year, someone will have to work 41 additional days to make the equivalent of the 2009 minimum wage.
Fund higher education for existing employees. In collaboration with Southern New Hampshire University, Anthem Insurance 50,000 eligible workers, partners with nearly 20 higher education institutions including Western Governors University.
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