On January 20, hundreds of Republicans will descend on Washington, DC, wearing furs, boots and Stetsons, and partying like the Hollywood stars (they love to loathe) at festivities that will cost some $40 million to host–or $25 million more than the first pledge of US assistance to victims of the tsunami. These high-end Bush donors will be paying to play in our nation’s capital.
Their high-flying parties come after a holiday season of little sacrifice for those in the top one percent. At a time when growing numbers of Americans cannot afford essentials like rent, health care and retirement security, the Bentley car dealership in Bethesda, Maryland, registered a 700 percent increase in sales last year. (One popular seller this season is the new Continental GT, which goes for $165K.)
A few days before the release of a report showing that New Yorkers needed to make $18.18 an hour (three times more than the federal minimum wage) to afford a one- or two-bedroom apartment, the media titan Rupert Murdoch agreed to pay $44 million for a Manhattan penthouse on Fifth Avenue. (That’s $29 million more than the first pledge the Bush Administration offered to tsunami victims.)
While Murdoch lives high, the working poor in the same city can’t make ends meet. Playing by the rules hasn’t done them much good. Thanks to a series of recent reports that I’d call required reading for journalists, policymakers and concerned citiizens, we now have more than enough evidence (even for the faith-based members of this Administration) showing that the working poor cannot afford basics for survival including, in some cases, food.
In late December, the National Low Income Housing Coalition concluded in a landmark report that full-time workers making the federal minimum wage (an appalling $5.15 an hour) can’t pay rent or utilities on the vast majority of one-bedroom apartments.
Last November, the Community Service Society and United Way of New York City reported that about one in three low-wage, full-time workers in New York City used a food bank, or couldn’t afford their utilities, or their rent, or to fill a prescription. A different report completed by the Women’s Center for Education and Career Advancement reinforced the grim picture for families citywide: Almost half of the city’s households can’t pay the cost of food, housing, child care or other necessities.
Last October, the Economic Policy Institute issued a briefing paper driving home what US policymakers know is another new reality: Health care is increasingly unaffordable and out of reach for middle-income families. Between 2000 and 2003, married couples with children saw health care spending outpace income by a factor of three, EPI reported. About one-fifth of the full-time workforce now lacks health insurance and almost 50 percent of lower-income New Yorkers don’t have health insurance.