SOC 1000 Lecture Notes - Lecture 1: Temporary Assistance For Needy Families, Aid To Families With Dependent Children, Extreme Poverty
Document Summary
Absolute poverty: when you have so little money that it becomes life threatening. Relative poverty: when you have about the same amount of money as the people around you. Minimum wage gets people just over the poverty line, but not much over. 2015 minimum wage in ohio = 8. 10 per hour, 4. 04 per hour for tipped employees. Those employees who"s employers gross ,000 or less. As an aside: 2013 wall street firms handed out 26. 7 billion dollars in bounces to their 165,000 employees last year, up to 15 percent over the previous years. This would cover the cost of more than doubling the paychecks of all 1,085,000 americans who work full time at minimum wage. Line between poor and non poor = arbitrary. Underestimates the real number of poor people. Housing, medical and utilities are not included. Tanf (temporary assistance to needy families) is replaces with afdc (aid for families with dependent children)
