In 2020, the federal government spent more than $193 billion on subsidies for homeowners — "most families who enjoy this benefit have six-figure incomes and are white" — but just $53 billion on direct housing assistance for low-income families. That's not for lack of need. Because of chronic federal underinvestment, only 1 in 4 extremely low-income Americans who qualify for housing aid get it.
Jennifer Ludden at NPR. 'Poverty, By America' shows how the rest of us benefit by keeping others poor
Poverty, by America by Matthew Desmond
8 notes
·
View notes
Government incentives will play an important role in reconciling the competing demands on our planet’s resources. But new research reveals at least $1.8tn (£1.3tn) of environmentally harmful subsidies is heading in the wrong direction every year, financing the annihilation of wildlife and global heating through support for cattle ranching, pesticide use, the overproduction of crops and fossil fuel extraction.
“In a situation where, as a civilisation, we are dying from climate change and biodiversity loss, we should not be spending money on making the situation worse,” says Ariel Brunner, head of policy for BirdLife Europe and Central Asia. “The biggest threats to our ability to feed ourselves are climate change and environmental collapse. We have enough food. The only scenarios in which we wouldn’t have enough are linked to running out of water, soil erosion and the collapse of ecosystems.”
The report, produced by leading subsidy experts for the B Team and Business for Nature, estimated that, each year, there is at least $640bn of environmentally damaging financial support for the fossil fuel industry, $520bn for agriculture and $350bn for the unsustainable use of freshwater. Examples range from subsidies for soy production in the Amazon and palm oil plantations in south-east Asia to artificially low energy prices for groundwater pumping in Iran and poor water management in California.
Despite a target on redirecting subsidies in the draft UN biodiversity agreement, repurposing them will not be easy. The B Team argues that the UN target should be strengthened to eradicate all environmentally harmful subsidies – not just the $500bn drafted at the moment – and businesses must reveal the support and subsidies they receive through environmental disclosures.
But there is also political jeopardy. Governments have never met a UN target on halting the destruction of nature, with failure to act on subsidies highlighted as a key failure of last decade’s targets. Recent protests in France, Kazakhstan and Nigeria over the threatened loss of subsidies are warnings to leaders on how subsidy reform can go wrong.
4 notes
·
View notes
Calling 211 for resources is a dead end because they’re all organizations committing fraud and embezzling all of the government subsidies given to them, and any employee who recommends you to call 211 is also guilty of fraud and embezzlement.
0 notes
Someone - anyone - please tell us that A&M (& schools like it) aren’t receiving federal funds. If they’re self-funding, why do our tax dollars need to go there?
**They can hire/fire whomever. That’s their choice.
0 notes
Why are Trumpies so afraid?
Because they depend on liberals for survival. Blue states are given states. They subsidize Red states, which are taker states.
Two years ago, California governor, Gavin Newsom, cut subsidies to taker states. If you live in a Blue state, ask your governor to do the same.
0 notes
Let's look into that deeper complexity he's asking for:
Yeah, pretty complicated shit, dude.
Feel free to label everything in the diagram so as not to be simplistic.
1 note
·
View note
Maybe, just maybe, companies who are so critical to some kind of infrastructure (energy, water, telecommunications) that they need to be rescued by the publics' money when the fail to make profit or else there'll be terrible consequences, they should not be private companies...
Makes me furious
1 note
·
View note
Dem says Manchin blocking energy, tax provisions in big bill
Dem says Manchin blocking energy, tax provisions in big bill
WASHINGTON — Sen. Joe Manchin has said he’ll oppose an economic measure he’s been negotiating with Democratic leaders if it includes climate or energy provisions or higher taxes on the rich and corporations, a Democrat briefed on the conversations said late Thursday, delivering a stunning blow to one of the party’s top election-year priorities.
The official said Manchin, who derailed his party’s…
View On WordPress
0 notes
What financial decisions do this country need to make to fix most of our issues? Do you think a republican president is necessary for these changes to be made?
We need to build a giant statue of the Monopoly Man and ritually sacrifice poor people to it until the economy gets better. But no political party has the balls to do what's necessary these days.
9 notes
·
View notes
very weird how the number of scammy ads on youtube seemed to skyrocket after youtube cracked down on ad blockers
11 notes
·
View notes
i'd truly love to read if there's some sort of like. sociology study on not just de decline of the middle class, but what people are willing to consider middle class. and i don't mean just in the USA.
i just watched a clip of a newscaster/commentator from my country talking about all the "small" sacrifices people will have to make in the upcoming crisis, and she told the anecdote of a middle class family considering doing "one big meal a day" for the kids. and like, even if that anecdote is real, even leaving aside the pure evil of that segment equating cancelling your netflix subscription to eating once a day, trying to normalize this... in what universe is that middle class. how do you say that and not immediately implode.
and worse of all, im sure there were people watching and nodding along.
idk Marx probably predicted it or smth but there's something fascinating about how people will cling to the label of "middle class" in the modern economic climate when upwards mobility feels progressively less attainable. how do we redefine a luxury year after year. how much are you willing to give up for your pride, to the point when your only hope month after month is "not starve and pay rent" but you have a big tv bought with your hard earned cash! so you still believe you're a step away from living comfortably like your parents did.
3 notes
·
View notes
IDK if I've mentioned this, but given the fan-term "Federaji" and the Canon "Ferengi" My brain has slid into the assumption that at some point Cardassia had close ties to Ferenginar, and the word they use to refer to the Ferengi is the one that's entered the lexicon of Federation members.
10 notes
·
View notes