Paycheck to Paycheck HBO Documentary

[Anonymous]

I hope things get better for her and her family. Maybe in a few years, she'll be done with her degree and have a better paying job. I thought she had a good attitude and was trying her best to plan for the future. The kids were well kept and seemed happy.

[Anonymous]

Anonymous wrote:That daycare center is what is keeping her afloat. If you can call it that. There are plenty of places, my hometown for example, that have nothing of the sort there. Young mothers have to turn to in-home care by older women who, themselves, never had a chance to get out. I can only hope that more centers like Chambliss are established and funded.

That said, raising the minimum wage isn't going to help the Katrinas of the world. If that senior home has to pay 12 employees more, they'll get rid of the 13th. After all, Medicaid and Medicare won't pay more to the home for the living expenses of its residents. There has to be a better way.

Maybe,but not necessarily. Nursing homes are federally regulated (generally) and staffing ratios factor into the Medicare 5 star system. So in all likelihood it would just eat into the bottom line, either the profits of the operator or the REIT that owns the facility. Which means private paying residents would be paying more for the same thing, the higher costs would go on the Medicare cost reports, and in a few years reimbursement rates may go up (if so, taxpayers pay for it). If not - REITS pay for it meaning they see cash flows to down and stock prices go down (so then investors pay for it).

Either way it costs more for everyone. Just like other industries.

[Anonymous]

^meant to add, they could cut staffing but most shoppers are familiar with the rating system and don't want to go to a poorly rated facility - nursing homes would see fewer stays and less revenue so they are incentivized to maintain high quality of which staffing is a material part.

[Anonymous]

Of course, the minimum wage hasn't kept up with inflation and probably should be in the $10 range anyway. But let ms not let that pesky little fact get in the way.

[Anonymous]

Anonymous wrote:I think the sadest part is that Katrina didn't realize that she was living in poverty when she was married and before she even had the first child. The failed belief that they were "getting by" when she was married and the three kids is a popular one among those living in poverty because they simply don't know enough about financial matters to understand that they are in poverty and what and how to get out.

That would describe my upbringing as I didn't realize we were living in poverty either until we were middle class. I don't know that it would have been helpful to know that we were poor. Everyone around us was "getting by" and this was normal. We were happy otherwise. Getting out of poverty takes hard work, but also luck and opportunity. In my case, I come from a big family that helps one another. So evening childcare was free so that mothers could pursue degrees. I was accepted into a really good HS that I heard about on a whim. I had a guidance counselor who sought out full scholarships for me. Not everyone is that fortunate.

[Anonymous]

Follow up Town Hall Meetingbis on OWN right now.

[Anonymous]

Thanks!

[Anonymous]

I hope people are watching

[Anonymous]

I caught the very end of the town hall meeting (thanks PP!) which was perfect because I finally watched the documentary today.