@anya1anya The Great Recession was a powerful lesson in what happens when states face large budget cuts w/o receiving help from the federal government.
Emergency federal aid closed only about 1/4 of state budget shortfalls.
@anya1anya Because emergency aid closed only about 1/4 of the budget shortfalls, states started cutting funding to K-12 schools to help comply with their balanced budget requirements.
@anya1anya Local school districts responded by cutting teachers, librarians, & other staff; scaling back counseling & other services; & even reducing the number of school days.
School districts have never recovered from the layoffs they imposed back then.
@anya1anya When #COVID19 hit, K-12 schools employed 77,000 fewer teachers and other workers even though they were teaching 2 million more children.
@anya1anya With so much at stake for students & their families, the President & Congress **need** to provide significant fiscal relief to states, localities, tribes, & territories to minimize education cuts.
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The jobs report released last week showed that 140,000 jobs were lost in December. The latest #CovidRelief bill doesn't provide enough relief. The larger risk for the nation isn't providing enough economic stimulus & hardship relief.
People of color, who have experienced disproportionate hardship in the pandemic & recession, & who historically have waited longest to see the fruits of an economic recovery, are also the most at-risk right now.
Private & government payrolls combined fell by 140,000 jobs, which is larger in percentage than the deficit in the worst month of the Great Recession (6.3%). Long-term unemployment of 27 weeks+ again rose sharply, & racial disparities in employment outcomes remained wide.
Thread: today, new data from the Census Pulse show that millions of Americans are still struggling to afford food and rent. This economic crisis is far from over for many, and policymakers need to do more to make sure families can put food on the table. /1 #COVIDRelief
Census data from September 2-14 show that about 10% of all adults reported their household sometimes or often didn’t have enough to eat in the last 7 days, more than twice the share of adults who reported this at any point in 2019 (3.7%). /2
Because of longstanding inequities exacerbated by the pandemic, the shares of Black and Latino adults reporting their households aren’t getting enough to eat are more than DOUBLE the share of white adults reporting this. /3
.@AvivaAronDine also addresses the real threat that the Affordable Care Act the ACA including Medicaid expansion could disappear altogether, right in the middle of the crisis, because SCOTUS is hearing the Trump administration case against it.
@AvivaAronDine Striking down the law would end protections for people with pre-existing conditions, including the millions of Americans who have just acquired a pre-existing condition because they had #COVID19. #ProtectOurCare
Thread: Yesterday’s announcements by the Federal Housing Administration (FHA) & Federal Housing Finance Agency (FHFA) might be welcome news for some homeowners, but it changes little for renters.
Here’s why 👇👇
These actions stop renter evictions only for the very small share of renters that may be living in single-family homes owned by Fannie Mae or Freddie Mac as a result of foreclosure.
Millions of other renters are behind on rent, & 8 million kids live in these homes. There is only one way to provide them with real help: a robust, bipartisan, #COVIDRelief bill that provides rental assistance & protects people from eviction.
Thread: HUD is reportedly preparing to extend a moratorium that protects some homeowners (those with Federal #Housing Admin. mortgages) from foreclosures through the end of the year.
Here's why that's not nearly enough to address the ongoing crisis.
This limited relief appears to do little or nothing to protect the large number of renters struggling to keep a roof over their heads. That’s because the measure only applies to mortgage lenders who have no say in evictions outside of very limited (& infrequent) situations.
This comes as 21% of all renters were behind on their rent in July with Black & Hispanic renters facing substantially higher housing hardships than white renters.