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There was little merry or bright this holiday season for millions of unemployed Americans who are losing their extended unemployment benefits.
Many depend on these meager payments, a federal extension of state unemployment programs that expired as of the last Saturday of 2013, to stay afloat. After tapping out their savings, downsizing their living space, and draining their retirement funds, one-time managers and MBA grads bought Christmas gifts secondhand and worry over what the new year will bring. [...]
Imagine there are two ways to fight poverty: Option A, we accept an economy where a third of all jobs pay near-poverty wages, but we spend hundreds of billions of dollars annually on transfer payments to lift millions of Americans technically above the poverty line. Or Option B: we do what it takes to transform the economy so enough good jobs exist that anyone who works hard can afford a decent life and save enough for a secure retirement.
I’m usually a pessimist, but New York’s mayoral inauguration on New Year's Day gave me a strange feeling that politics had long stopped providing—hope. One expects the usual pomp and circumstance at these events: politicos, celebrities, prominent donors with the right amount of tradition, pop culture, and promises of a better day. But rarely do you hear of a twelve year old stealing the spotlight from those with last names like Clinton and Cuomo, but that’s just what Dasani Coates, a so-called “Invisible Child,” did.
Voting rights advocates are girding for a series of crucial battles that will play out over the next twelve months in Congress, in the courts, and in state legislatures. Victories could go a long way to reversing the setbacks of the last year. Defeats could help cement a new era in which voting is more difficult, especially for racial minorities, students, and the poor.
A few years ago, I got pulled over on my bicycle by a police officer, also riding a bike, because I wasn't wearing a helmet -- which the officer incorrectly said was required by law. It's episodes like that which give the nanny state a bad name.
Middle-class Blacks are using credit to help cover their basic living expenses, according to a report from the NAACP and public policy research organization Demos. In the recession’s aftermath, 79 percent of middle-class African-American households carry credit card debt.