What Does It Mean to Be in an “Affordability Crisis”?
By Monica Potts
[EXCERPT]
But the two biggest factors coming into play that are hitting families especially hard heading into the new year are the costs of childcare and health care, said Ashley Burnside, a senior policy analyst at the Center for Law and Social Policy, or CLASP. “We can’t talk about affordability in this moment without naming the huge health care costs that families are now facing because of the expiration of the premium tax credits,” she said.
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Lorena Roque, associate director for labor policy at CLASP, said she sees data showing that a lot of families are taking on two or more jobs just to make ends meet. But even that might no longer provide a full picture of who is struggling because the administration has been hostile to the kinds of data-gathering efforts that would give us a fuller picture of the economy, like the rates of Black and Latino unemployment.
