FROM Elise Gould
How Expensive is LA? $73,000 Annually, Just to Get By Los Angeles is an expensive place to live, though we’re often told it’s better than San Francisco or New York. The liberal-leaning Economic Policy Institute surveys the region each year and comes up with a family budget -- the amount of income necessary to cover health care, housing, food and taxes. Just the essentials, no saving. For a family with two adults and two children, that comes to $73,000 each year . And yet, many Angelenos are falling short. Over two-thirds of Latinos make less than the family budget threshold. Over one-third of whites are missing the mark. And the big culprits are housing, health and childcare.
America and Poverty: What the Numbers Mean for Gen-Y Recovery from the Great Recession is sluggish at best, and the Census Bureau has provided the latest evidence of ongoing decline. Last year, poverty in America rose to its highest level since 1993, with the number of poor people now approaching 50 million. We look at the impact on different age groups, ethnicities and levels of education. Segment image: A man looks through a trash dumpster on September 14, 2011 in New York City. Photo by Spencer Platt/Getty Images
America and Poverty: What Do the Numbers Mean for Gen Y? Recovery from the Great Recession is sluggish at best, and the Census Bureau has provided the latest evidence of ongoing decline. Last year, poverty in America rose to its highest level since 1993, with the number of poor people now approaching 50 million. Some are children of the Middle Class. Even college graduates face a high rate of unemployment, at the same time they're strapped with the debt accumulated in getting degrees. Their future is bleak and they'll have trouble helping their aging parents, who have to rely on assets that are losing their value. We hear what it's like to be poor and look at the consequences for different segments of a struggling population.
Poverty Level Highest in Half Century, Census Shows Some 43.6 million Americans now live in poverty and the poverty rate is now 14.3% -- the highest since 1994. That's according to the Census Bureau's annual report , released today in Washington. Economist Elise Gould of the progressive Economic Policy Institute has more.
What happens when America retreats from the world? Is President Trump taking his "America First" agenda to extremes, withdrawing the country from the international stage on trade and climate change, distancing America from its traditional allies across the Atlantic and even threatening to physically isolate the country through the building of a wall along its southern border? León Krauze guest hosts.
Is the threat from Russia missing from the Russia meddling probe? There's much being made about the Trump administration's possible ties with Russia. But the bottom line is Russia's effort to influence American democracy. Do the President and his aides care enough to take action before voters go back to the polls?
Ex-FBI Director Comey tells his side of the story Today, former FBI Director James Comey came close to calling the President who fired him a liar. The White House denied the claim and called it insulting, but Republican Senators did not challenge Comey’s truthfulness. Many questions remain: did the President try to obstruct a federal investigation? Later, we’ll go behind the “velvet rope” for a look at 5-Star health care for the richest Americans.
Trump plays scolder-in-chief with NATO allies At the opening of NATO’s dramatic new headquarters in Brussels today, President Trump acknowledged that Article 5 — promising that “an attack on one nation is an attack on all” -- has only been invoked one time: in the aftermath of September 11. But the President failed to provide what 27 other Alliance members have been waiting for: a re-commitment by America’s new leader to Article 5. Instead, they got a scolding.