Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts

Friday, January 29, 2016

A State of the State that doesn’t add up

Regardless of how many times you say something, it does not make that statement true – even if you say it to the entire legislature, media and citizens of the state.

In his 2016 State of the State address, Governor Phil Bryant said the following:
“We now face a new year where I am able to inform the people and the duly elected members of the House and Senate – the state of the state in Mississippi is sound.”

Of course, he had to immediately brush off the fact that revenue projections were not met this year causing mid-year budget cuts along with a raiding of the rainy day fund. And revenue projections for next year are already down. Add to this the jobless rate INCREASING from 6% to 6.4% in the month of December (and still remaining much higher than the national rate of 5%). Even the Republican legislature’s best friend ALEC said our economy is terrible (though not the worst) ranking us 41st out of 50 on whatever arbitrary scale they produced.

ALEC is not the only group to give us a poor ranking on our economy, and Education Week is not the only group to name us 49th in the country for our abysmal education system. And while we might be “sound” because we have more money than is necessary in our rainy day fund for the future lack of revenue, nothing has improved in the lives or everyday Mississippians in the last four years – not benefits, not access to healthcare, not education, not job opportunities. It would be unfair to say pay hasn’t increased – from 2010 to 2014 the median household income did increase $273, allowing us to maintain our spot at 50th in the nation.

Monday, January 4, 2016

What to expect: Republicans Love Low Wages

As we enter the 2016 legislative session, Cottonmouth will be sharing a series of posts on what to expect. This is the first time the Republicans have held both chambers and the executive branch. We'll be focusing on a few issues early on, and we'll be watching as the session progresses. 

Mississippi workers don’t get paid very much. For the most part, the pay is less than less than very much. Most agencies have been decrying the problem for years, along with college leaders who are training Mississippians to go work in other states. Our Republican leadership has pretty much ignored the problem for the past 12 years, but there are two things that might bring it to the forefront in the next year.

First, prominent Republican-appointees are taking the issue to the media. MDOC head Marshall Fisher has been complaining about the poor pay rate and high turnover rate of correction officers since before his first day on the job. In interviews last week with the newly appointed foster-care head, Justice David Chandler criticized how social workers are paid less than teachers. While the legislature did find a way to raise teacher pay a few years ago, Mississippi teachers are still some of the lowest paid in the country. And yes, social workers are paid less than teachers – a lot less.

Second, the complete lack of income growth across the country (and, of course in our own state) will be a presidential issue next year. There is no avoiding the topic, as much as Republicans may want to. So far, no elected officials are making better pay their issue. For starters, in every agency, most of the pay rates for each job are so much lower than even our southern counterparts, it’s hard to even know where or how much to begin with – it’s really that bad. It’s easy for politicians and the state to get away with paying people less when they promote the retirement and healthcare benefits. However, the actual take home pay for most people, especially starting out is not anywhere equal to the dream of “two cars and a boat,” that Governor Bryant is touting with workforce training. Plus, most of these jobs (social workers, teachers) require a four-year college degree. So, not only are people taking home $1515/month*, but they also are probably paying off some sort of student loan.

Republicans might offer incremental raises to the lowest paid workers, or to MDOC officers and DHS workers, or some combination, but it’s doubtful they’ll be able to raise the pay to 1) attract quality candidates who will stay or 2) compete with other states’ pay rates. Perhaps, this will wait until 2019.

*Where this math came from: Entry level DHS job posting in Hinds County has a pay rate of $23,643. When entered into an online take-home pay calculator, without taking anything for retirement or additional medical insurance payments, and factoring this at the single and no dependents rate, take home pay was approximately $1515/month.

Tuesday, September 18, 2012

Turnabout's fair play: Mississippians, are you better off than you were 8 years ago?

Back on August 26th, former Gov. Haley Barbour (R) went on CBS's Face the Nation and, seeking to focus the American electorate on the economy, asked the question "Are you better off than you were four years ago?"

Glad you brought that up, Governor.

Tuesday, June 5, 2012

Thanks, Haley: Mississippi's economy falters again

Just in case anyone was wondering, Mississippi's economy is still the worst in the country.  According to an AP article, newly-released federal statistics show Mississippi's economy shrunk 0.8% in 2011, at a time when only six states saw their economy contract.  In fact, Mississippi's economy performed worse in 2011 than all others except for Wyoming.

But don't worry.  Mississippi can still claim the bottom rung with the lowest per capita economic output at $28,293 per person.  (The national average is $42,070.)

In keeping with the theme, here's a look at Mississippi's unemployment rate over the last 20 years: