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Only as strong as our weakest link
This episode features Lou Glazer, President of Michigan Future Inc.., an Ann Arbor-based Think Tank. Lou defines reality about a self-sufficient wage in his most recent op-ed in Crain's Detroit Business - https://bit.ly/37sKLaA.
Today, there are more Michigan households that are unable to pay for basic necessities than there were in 2010 when MI was just starting to recover from the recession. WHY? Because wages and benefits are rising slower than the cost of necessities (food, housing, childcare, and transportation).
The Food Bank Council of Michigan published the Self-Sufficiency Standard to establish how much is enough for who and where in Michigan. The Self-Sufficiency Standard for Michigan (https://www.fbcmich.org/selfsufficiencystandard) is far more accurate than the outdated federal poverty measure used to determine eligibility for work supports.
The right way to think about the economy is if the people can pay their bills and raise a family, not by the stock market. When there are HUNDREDS of THOUSANDS of CHILDREN in our state that are HUNGRY, the economy is NOT good enough!
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By Phil Knight
4.6
99 ratings
This episode features Lou Glazer, President of Michigan Future Inc.., an Ann Arbor-based Think Tank. Lou defines reality about a self-sufficient wage in his most recent op-ed in Crain's Detroit Business - https://bit.ly/37sKLaA.
Today, there are more Michigan households that are unable to pay for basic necessities than there were in 2010 when MI was just starting to recover from the recession. WHY? Because wages and benefits are rising slower than the cost of necessities (food, housing, childcare, and transportation).
The Food Bank Council of Michigan published the Self-Sufficiency Standard to establish how much is enough for who and where in Michigan. The Self-Sufficiency Standard for Michigan (https://www.fbcmich.org/selfsufficiencystandard) is far more accurate than the outdated federal poverty measure used to determine eligibility for work supports.
The right way to think about the economy is if the people can pay their bills and raise a family, not by the stock market. When there are HUNDREDS of THOUSANDS of CHILDREN in our state that are HUNGRY, the economy is NOT good enough!