It was on the television news today, Nov. 15th, 2018, that countless poor people, living in subsidized housing, are suffering with ceilings collapsed, mold, rats and mice, and other unlivable conditions. One resident in a large apartment complex, was a college student with a young daughter. She expressed that she felt so stuck and had no way or options to move elsewhere.
One of the HUD (Housing And Urban Development) managers who was interviewed stated that he had only 5 inspectors and that it was impossible to keep with what was needed to force landlords to do repairs or to cancel their contracts timely.
One landlord was paid 1.5 million in rent from tax payers’ dollars. The journalist filmed him and posed a few questions to him but he refused. He entered his car and left. The reporters stated that he had been contacted several times, prior, and he never would talk to them.
The statistics noted were that the Secretary of HUD Carson has not done a competent job. The health and safety inspections are delayed and landlords keep getting paid.
The watchdog also found that work completed by HUD’s enforcement office dropped by 25 percent since 2016.
Secretary Carson has cut staff numbers.
There are some who state that the increasing jobs and low numbers of unemployment are sign of prosperity; however studies show that the middle class have hardship in one or more sectors. Paying of medical bills is one sector that is a huge hardship. When the wages are stagnant or so tiny of an increase, the prosperity is not to be had for the middle class or the poor. Another sector is housing.
Per The Center Economic and Policy Research, de-unionization by labor management is standard practice. In 1980 there was a 20 percent union rate. It fell to 7 percent.
Another cited reason is the corporate control and plunder by executives and CEO’s. CEO pay for Fortune 500 companies now averages almost 300 times the pay of an average production worker.
http://cepr.net/publications/briefings/testimony/economic-hardship-middle-class. This report cites 4 main reasons why the middle class have rising economic hardship.
Just some thoughts on the ongoing saga in the summer of 2018. We don’t know what the midterms election, in November 2018, will result in? Hopefully, we will have better governing.