Specific targets are important in anti-poverty work, and this is an ambitious one (though less ambitious than the report’s title, Ending Child Poverty Now). CDF’s policy proposals include a larger Earned Income Tax Credit and (not or) a higher minimum wage, along with expanded housing subsidies, child care subsidies, and food stamps. Add some more generous rules for tax credit refunds and child support recipients’ federal benefits—along with a new subsidized jobs program—and the whole thing starts to sound pretty expensive.
Dionne Searcey and Robert Gebeloff do a nice job crunching some numbers on what sorts of people are part of the middle class, and how they’re doing (the short version: not great). This caveat of theirs, however, is an important one.