By Kathleen Hallgren Guest columnist, The Daily Camera
It's been said that the best anti-poverty measure is a job. But for more than a quarter of Colorado's workforce, working hard isn't enough to make ends meet.
In a recent report, we found that more than 48,000 working families in Colorado lived below the poverty line of $23,021 for a family of four in 2011. Another 154,085 families – 27 percent of all working families in Colorado – lived on up to twice that amount.
(CORRECTION: A guest opinion provided by the Bell Policy Center on page 7A Tuesday contained an error. The agency reported Tuesday that they were provided erroneous information by the attorney general's office. The opinion stated that "almost half" of payday loan borrowers had 16 or more loans in the previous 12 months. That number should have been 26.56 percent.)
In an editorial last Thursday, the Camera came out against a plan to change payday lending laws in Colorado. It said the legislation is "terrible."