Financial knowledge is critical to escaping poverty, but research shows that most financial classes fail to change behavior. Here’s why that is, and what you can do about it.
https://www.truecharity.us/wp-content/uploads/2021/10/explaining-working-points-YVNP67W-1.jpg12801920Nathan Mayohttps://www.truecharity.us/wp-content/uploads/2023/09/TC-logo-01.pngNathan Mayo2021-10-07 12:12:202025-06-17 04:42:24People in Poverty Need Financial Knowledge—Here’s Why Most Financial Classes Are Failing Them
Self-styled progressive Democrats demand that Congress pass a “human infrastructure” package that would provide funding for “free” college and preschool, alongside other social agenda items.
https://www.truecharity.us/wp-content/uploads/2021/10/why-we-dont-need-human-infrastructure_envato.jpg8331250James Whitfordhttps://www.truecharity.us/wp-content/uploads/2023/09/TC-logo-01.pngJames Whitford2021-10-06 14:34:412025-06-17 04:43:28Why We Don’t Need ‘Human Infrastructure’
Could private charities and nonprofits immediately and effectively provide for the 42 million Americans who are currently support by food stamps? TCI Executive Director, James Whitford, explains his answer to this question that was asked during his recent congressional testimony.
https://www.truecharity.us/wp-content/uploads/2021/09/2021-09-Article-Header-Private-Sector-Replacing-Food-Stamps.jpg10801920James Whitfordhttps://www.truecharity.us/wp-content/uploads/2023/09/TC-logo-01.pngJames Whitford2021-09-02 15:23:212025-06-15 06:50:14Could the Private Sector Replace Food Stamps Tomorrow?: My Response to the Congresswoman
“We must remember for every dollar spent by a SNAP recipient, the economy is stimulated by $1.50.” This was shared more than once in a recent Congressional hearing on the future of the Federal Government’s largest feeding program, SNAP. It was one of the arguments to support SNAP’s sustained expansion after the 15% increase in benefits. I was the only witness of five at the hearing who testified in opposition. After repeatedly hearing the economic stimulus justification, I asked, “Has no one heard of The Broken Window fallacy?”
https://www.truecharity.us/wp-content/uploads/2021/06/Food-Stamps-and-Broken-Windows-copy.jpg13032047James Whitfordhttps://www.truecharity.us/wp-content/uploads/2023/09/TC-logo-01.pngJames Whitford2021-07-14 23:57:532025-06-17 04:53:59Food Stamps Are Like Broken Windows. Hold the Applause.
The top quarter of American income earners can expect to live a decade longer than the bottom quarter. This health disparity seems downright cruel. Not only do those in poverty have to pay more for things like credit and insurance, they also pay more years to the grim reaper.
https://www.truecharity.us/wp-content/uploads/2021/07/providing-care-for-elderly-2021-04-03-03-25-45-utc.jpg8991348Nathan Mayohttps://www.truecharity.us/wp-content/uploads/2023/09/TC-logo-01.pngNathan Mayo2021-07-14 11:03:492025-06-17 04:56:04Why the Poor Die So Much Sooner Than Wealthier People (and What We All Can Do to Help)
In a recent column by Robert Reich, former U.S. Secretary of Labor, argues that the labor shortage is unrelated to boosted unemployment benefits and that the price hikes do not necessarily follow from the wage hikes and that the real winners of these economic conditions are low-wage workers. TCI’s Nathan Mayo unwraps Reich’s analysis to find that there is not much meat in his argument.
https://www.truecharity.us/wp-content/uploads/2021/06/hands-of-cook-close-up-quesadilla-burrito-fajitas-A9TT6E4.jpg9601440Nathan Mayohttps://www.truecharity.us/wp-content/uploads/2023/09/TC-logo-01.pngNathan Mayo2021-06-23 17:56:442025-06-17 04:57:57Burrito Economics: Why Chipotle’s Wage Hikes Are Not Good News
People in Poverty Need Financial Knowledge—Here’s Why Most Financial Classes Are Failing Them
Financial knowledge is critical to escaping poverty, but research shows that most financial classes fail to change behavior. Here’s why that is, and what you can do about it.
Why We Don’t Need ‘Human Infrastructure’
Self-styled progressive Democrats demand that Congress pass a “human infrastructure” package that would provide funding for “free” college and preschool, alongside other social agenda items.
Could the Private Sector Replace Food Stamps Tomorrow?: My Response to the Congresswoman
Could private charities and nonprofits immediately and effectively provide for the 42 million Americans who are currently support by food stamps? TCI Executive Director, James Whitford, explains his answer to this question that was asked during his recent congressional testimony.
Food Stamps Are Like Broken Windows. Hold the Applause.
“We must remember for every dollar spent by a SNAP recipient, the economy is stimulated by $1.50.” This was shared more than once in a recent Congressional hearing on the future of the Federal Government’s largest feeding program, SNAP. It was one of the arguments to support SNAP’s sustained expansion after the 15% increase in benefits. I was the only witness of five at the hearing who testified in opposition. After repeatedly hearing the economic stimulus justification, I asked, “Has no one heard of The Broken Window fallacy?”
Why the Poor Die So Much Sooner Than Wealthier People (and What We All Can Do to Help)
The top quarter of American income earners can expect to live a decade longer than the bottom quarter. This health disparity seems downright cruel. Not only do those in poverty have to pay more for things like credit and insurance, they also pay more years to the grim reaper.
Burrito Economics: Why Chipotle’s Wage Hikes Are Not Good News
In a recent column by Robert Reich, former U.S. Secretary of Labor, argues that the labor shortage is unrelated to boosted unemployment benefits and that the price hikes do not necessarily follow from the wage hikes and that the real winners of these economic conditions are low-wage workers. TCI’s Nathan Mayo unwraps Reich’s analysis to find that there is not much meat in his argument.