Resources for learning more about economic security:
- Video on Distribution of Wealth in America (public perception and reality about how wealth is distributed nationally)
- "How to Make Sure the Next Generation is Better Off Than We Are" by Mohamed A. El-Erian (The Atlantic, 10/13/12)
- “U.S. poverty heads toward highest level in 50 years” (Chicago Tribune, 7/23/12). Two of the demographers’ predictions: “(1) Poverty among people 65 and older will remain at historically low levels, buoyed by Social Security cash payments, and (2) Child poverty will increase from its 22 percent level in 2010.”
- “Are Millenials the Screwed Generation?” Newsweek (July 16, 2012).
Declares that “‘Boomer America" never had it so good. As a result, today’s young Americans have never had it so bad. See also: Study debunks generation war.
- “Old vs. Young,” by David Leonhardt (New York Times, 6/24/12)
- “Share the Wealth” opinion by Ezekiel Emanuel (New York Times, 6/24/12)
"We’re always saying that 'children are our nation’s most valuable resource.' Unfortunately, we don’t behave as if we believe it. Between 2000 and 2010, the number of children living in poverty in America increased by 41 percent, and now includes nearly one-quarter of our kids.
The story of older Americans is completely different. In 1959, over a third of those over age 65 were poor; today, only 9 percent are. Contrary to campaign rhetoric about old ladies on fixed incomes, many Social Security recipients are quite well-to-do: the median income of married couples between the ages of 65 and 69 is $61,000, and a quarter of these households bring in more than $100,000 each year."
- "The War Against Youth," Esquire (April 2012)
- “Millennials forced to put lives on hold,” The Washington Times (February 19, 2012)
“The OECD warned that economic problems would continue to haunt countries that don't help young people who are forced out of the job market or get marginalized in low-paying jobs. Many of those young people are in danger of becoming chronically or even permanently unemployed as adults as they 'lose touch' with the job market.”
- Pew Research Center: “Young, Underemployed, and Optimistic” (February 2012)
Summary of Key Findings | Full Report
About the challenges young adults face today compared to their parents and how both the younger and older generations view the situation.
- The mobility gap: Americans enjoy less economic mobility than their peers in Canada and much of Western Europe. "Harder for Americans to Rise From Lower Rungs" by Jason DeParle (New York Times, 1/4/12)
- Pew Research Report: “The Rising Age Gap in Economic Well-Being” (November 2011).
Details the current unprecedented gaps in economic wellbeing between older and younger adults: “In 1984, the age-based wealth gap [was] 10:1. By 2009, it ballooned to 47:1.”
Investing time with underprivileged high school students to prepare them for college and career.http://www.wearesage.org/resource-center/storytree/sage-graham-covington
Promoting civic engagement to build a better democracy.http://www.wearesage.org/resource-center/storytree/sage-don-williams/
Helping young adults gain a footing in life.http://wearesage.org/index.php?cID=255
MercyCorps Northwest—Assists low-income populations throughout Oregon by increasing their economic self-sufficiency and community integration through microenterprise development and self-employment. If you have broad knowledge with small business, you can become a small business counselor and help a start-up succeed. Call 503-896-5070.
Albina Opportunities Corporation—Inspires business opportunities and creates jobs and wealth by lending funds to Portland’s underserved small businesses and distressed neighborhoods. You can provide key business advice through one-on-one consulting with borrowers. Call Aliza Kuperstock, 503-227-3653.
Financial Beginnings – Provides no-cost financial education programs to youth and adults to provide individuals the foundation needed to make informed financial decisions. Volunteers attend a specialized training and visit classrooms and community groups to teach students the basics of personal finance. Click here for more information on volunteer opportunities.
Innovative Changes (IC$)—Provides comprehensive and in-depth financial education as a means of empowering individuals and families in responsible economic decision-making for healthy households. As a volunteer coach, you can help guide individuals and households by equipping them with the tools, skills, and confidence necessary to meet their immediate financial needs and achieve their short- and long-term financial goals. Call IC$, 503-249-5205.
CASH Oregon—Provides low income families and individuals with tools and resources to build solid financial futures. You can help by providing free tax services – free training provided. Call 503-243-7765.