Forget About Stimulus. We Need Real Assistance.

The two biggest employers of the working poor are retail and leisure (including restaurants), which are good proxies for the overall economic health of low-income workers. Here’s how they’ve been doing:

In both cases, average weekly earnings have recovered to their pre-pandemic level. Among retail employees, average earnings are actually about $30 per week higher than before the pandemic. So if you still have a job in these industries, you’re doing OK.

Fine. But how many people still have jobs?

Both retail and leisure have suffered job losses. Leisure, in particular, has cratered, losing 8 million jobs at its worst point and still down by more than 4 million jobs today. Now let’s take a look at the big picture:

Overall national income is in good shape. The lesson here is simple: we don’t need $1,200 checks that go out to everyone. We don’t really need a lot of generic stimulus spending at all. Overall income is in good shape thanks to the CARES Act, and as long as you still have a job even the working poor are generally doing as well as they were before the pandemic.

What we need is not generic assistance, but assistance for those who actually need it. Primarily that means those who have lost their jobs, but it also means, for example, assistance specifically to the restaurant industry, which has been decimated by COVID-19. It also means states and cities, which are in dire shape thanks to plummeting tax revenue. That should be the top priority of any future coronavirus rescue package.

SIX TRUTHS

Reclaiming power from those who abuse it often starts with telling the truth. And in "This Is How Authoritarians Get Defeated," MoJo's Monika Bauerlein unpacks six truths to remember during the homestretch of an election where democracy, truth, and decency are on the line.

Truth #1: The chaos is the point.

Truth #2: Team Reality is bigger than it seems.

Truth #3: Facebook owns this.

Truth #4: When we go to work, we're in the fight.

Truth #5: It's about minority rule.

Truth #6: The only thing that can save us is…us.

Please take a moment to see how all these truths add up, because what happens in the weeks and months ahead will reverberate for at least a generation and we better be prepared.

And if you think journalism like Mother Jones'—that calls it like it is, that will never acquiesce to power, that looks where others don't—can help guide us through this historic, high-stakes moment, and you're able to right now, please help us reach our $350,000 goal by October 31 with a donation today. It's all hands on deck for democracy.

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SIX TRUTHS

Reclaiming power from those who abuse it often starts with telling the truth. And in "This Is How Authoritarians Get Defeated," MoJo's Monika Bauerlein unpacks six truths to remember during the homestretch of an election where democracy, truth, and decency are on the line.

Truth #1: The chaos is the point.

Truth #2: Team Reality is bigger than it seems.

Truth #3: Facebook owns this.

Truth #4: When we go to work, we're in the fight.

Truth #5: It's about minority rule.

Truth #6: The only thing that can save us is…us.

Please take a moment to see how all these truths add up, because what happens in the weeks and months ahead will reverberate for at least a generation and we better be prepared.

And if you think journalism like Mother Jones'—that calls it like it is, that will never acquiesce to power, that looks where others don't—can help guide us through this historic, high-stakes moment, and you're able to right now, please help us reach our $350,000 goal by October 31 with a donation today. It's all hands on deck for democracy.

payment methods

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