Low and Middle income Americans Stuck in the Great Recession Ditch as Top 10% take 50% of the Income

Peter Mathews on KTLK AM 1150, the David Cruz Show: (Sept. 18, 2013). Median household income is 8.9% lower than in 2007; rich-poor gap largest in 100 years. The Rich and Wall Street are in high gear with huge income gains, while Main Street, working Americans, and unemployed Americans are in neutral or reverse with income loss since the Great Recession began. Over 46.5 million Americans are in poverty, Professor Mathews added, citing Census Bureau reports and recent findings by Professor Emmanuel Saez of UC Berkeley. While older workers were hit hard by layoffs, such as Boeing’s announced termination of nearly 3000 C-17 workers, Young Americans have been hit especially hard, with severe cuts to education and well paying jobs, says Mathews, Professor of Political Science and Sociology at CypressCollege and Long BeachCityCollege, respectively. He recommends that California establish a California Works Progress Administration (CWPA) and a California Small Business Administration (CSBA), modeled after FDR’s New Deal programs, in order to create well paying jobs for Californians to rebuild the State’s infrastructure, and to start and expand Small Business, which hires two thirds of Americans, but is suffering today.  (10 min.)  [Listen]

AB 955 Passed Ca. Senate Committee: Allows $200/unit Community College Tuition in Summer and Winter

Peter Mathews on KTLK AM 1150, the David Cruz Show: (Sep. 2, 2013). Prof. Mathews says Assemblyman Das Williams’ $200/unit bill will impede students’ education. Professor Peter Mathews claims that Assemblyman Das Williams’ bill, AB 955, which will force Community College students to pay the full $200 per unit cost of their education, without state subsidies, during summer and winter sessions, will block middle class students from taking these courses, and slow down their progress. AB 955 was approved by the California Senate Appropriations Committee on Friday August 30, and was sent on its way to a floor debate and vote. If it passes the full Senate, it will go to the Assembly for concurrence, and on to the Governor for signature or veto. Peter Mathews points out that since 2008, the California Legislature has cut $800,000,000 (30% reduction) from the California Community Colleges. This has resulted in 100,000 fewer course offerings and 600,000 students losing access to Community College. Mathews told the radio audience that Das Williams and fellow Legislators should not burden California’s College Students by charging them outrageous tuition fees of $200 per unit but instead, should work to close unproductive corporate tax loopholes, such as the off shoring tax loophole, oil severance tax loophole and the big business property tax loophole, which would generate over $10 billion of additional state revenue which should be used to fully education, reduce college tuition, and invest in small business and California’s infrastructure to create new jobs. Mathews said that this would enable Long Beach City College to restore the vocational and technical programs that were cut last year. Mathews noted that 50,000 well paying  Boeing jobs were lost in the last 20 years in the Long Beach area and need to be replaced. [Listen]

Special Mentions:  Long Beach City College