Heading into 2024: Child poverty up 138% Homelessness up 12% 13.3 million Americans kicked off Medicaid 43.6 million owe $1.77 trillion in student debt 100 million buried in medical debt Real weekly wages $45.83 lower than 1973 62% of Americans live paycheck to paycheck NOT good
Here are the damn receipts that we cannot ignore: cbpp.org/press/statemen… kff.org/report-section… bankrate.com/loans/student-… axios.com/2023/08/21/med… fred.stlouisfed.org/graph/?g=qozP nbcmiami.com/news/business/…
@GunnelsWarren @OurRevolution Republican held congress. NEXT WHINE.
@GunnelsWarren If your initial response to these stats are “Republicans in congress are to blame”, Then your contribution to the overall messaging issue between Biden and most of the working class, which is struggling, is greater than you realize.
@GunnelsWarren Read #TheDeficitMyth, the LATEST Analysis N Macroeconomics AFTER the FAILURE of the #GoldStandard! Now we BACK #OURCollectiveCurrency on #OUR COLLECTIVE REAL RESOURCES & LABOR!
@GunnelsWarren The Denver Basic Income Project is working to reverse this trend. We’d love to work more closely with @SenSanders. @denverbip #TogetherWeRise
With a more detailed analysis and updated sources, here's an enhanced evaluation of each statement: Child Poverty Increase by 138%: The child poverty rate in the U.S. increased from 5.2% in 2021 to 12.4% in 2022 according to the Census Bureau [10][11][12]. This is a significant increase, but it is not 138%. The actual increase is about 138% of the 2021 figure, not a 138% increase. Honesty Rating: 40% – The percentage increase cited is mathematically incorrect and misleading, even though it highlights a real and concerning rise in child poverty. Homelessness Increase by 12%: The United States experienced a 12% increase in homelessness, a significant rise attributed to factors like soaring rents and a decline in pandemic assistance [16][17][18]. Honesty Rating: 100% – The statement accurately reflects recent data on homelessness. 13.3 Million Americans Off Medicaid: Estimates suggest that between 8 and 24 million people could be disenrolled from Medicaid [22], with recent reports indicating that nearly 4 million have already lost coverage [23][24][25]. The figure of 13.3 million is a plausible estimate within this range but is not yet a confirmed figure. Honesty Rating: 70% – The statement seems to be a reasonable estimate, but it lacks precise confirmation. 43.6 Million Owe $1.77 Trillion in Student Debt: Over 44 million Americans owe over $1.7 trillion in student debt [29]. This aligns closely with the claimed figures. Honesty Rating: 95% – The numbers are essentially accurate, with minor discrepancies in the exact figures. 100 Million Buried in Medical Debt: A 2022 investigation revealed that over 100 million individuals in the U.S. have healthcare debt [33]. This supports the claim. Honesty Rating: 100% – The statement is supported by recent investigations into medical debt. Real Weekly Wages $45.83 Lower than in 1973: Inflation-adjusted average hourly wages have remained stagnant since the 1970s [53][54]. The specific figure of $45.83 lower is not directly verified, but the broader trend of stagnation since 1973 is evident. Honesty Rating: 75% – The trend is correct, but the specific dollar amount and the conversion to weekly wages lack direct confirmation. 62% of Americans Live Paycheck to Paycheck: Various sources in 2023 reported figures ranging from 60% to 64% of Americans living paycheck to paycheck [61][62][63][64][65]. The claim of 62% falls within this range. Honesty Rating: 90% – The figure is a reasonable approximation based on recent data, though there is some variation in the reported percentages. Overall, these updated analyses provide a clearer picture of the economic and social challenges in the U.S., emphasizing the importance of precise data interpretation in understanding these complex issues.
@GunnelsWarren You can thank your Republican obstructionists in Congress (you know…the ones who have the power to write and pass legislation to fix this stuff) for ALL of this.
@GunnelsWarren The wealth gap increasing is never a good sign for the majority of us.