News and Research on Cash transfers to the Poor and Welfare stigma

From the New York Times

The myth of welfare corrupting the poor

An Economic Model of Welfare Stigma

Debunking the Stereotype of Lazy Welfare Recipient 

Cash Transfers and Temptation Goods

Here is the web site for the poverty action lab at MIT.

Poverty Action Lab

And here is the story of Lille Harden who Bill Clinton exploited when we claimed to "End welfare as we know it"

Lille Harden

News: Russell SImmon's RushCard is in trouble

According to Think Progress the Consumer Financial Protection Bureau has stepped in after a payment outage.

http://thinkprogress.org/economy/2015/10/22/3715189/rushcard-cfpb/

Here is CFPB statement

http://www.consumerfinance.gov/newsroom/statement-by-cfpb-director-richard-cordray-on-rushcard-prepaid-card-incident/

News: Tyra Banks: Entrepreneur

A nice but short article on tech crunch about Tyra Banks' entrepreneurial efforts.


http://techcrunch.com/2015/10/20/tyra-banks-on-her-new-startup-and-why-every-woman-needs-f-you-money/

Pew Research releases comprehensive immigration report covering 1965 to 2015 with projections out to 2065

The Pew Reseach centerreleased a comprehensive study of US immigration since 1965.  The study also include projections for different immigrant groups out to 2065. The US immigration system underwent major reform in 1965. The report covers the period 1965 to 2015. 

Here are the highlights:

Immigrants and their descendants account for 72 million in population growth from 1965 to 2015. They are projected to increase the population by an additional 103 million through 2065.

In 2065, 80 million people or about 18% of population will be foreign born.

Also in 2065, an additional 18% of the population will be second generation foreign born

Asians will replace Hispanics as the largest immigrant group by 2055. 

Here is a link to the Pew Research Center web page with the story.

http://www.pewhispanic.org/2015/09/28/modern-immigration-wave-brings-59-million-to-u-s-driving-population-growth-and-change-through-2065/

and here is the full study

http://www.pewhispanic.org/files/2015/09/2015-09-28_modern-immigration-wave_REPORT.pdf

Poor September job report: Payrolls at 142,000 and US unemployment rate stays at 5.1%

The BLS released it's September 2015 employment report. Non Farm Payroll increased by only 142,000 jobs.  The U-3 Unemployment rate stayed at 5.1%.