💸Moneda Moves (35): When it comes to child support, how parents on welfare get punished for being poor
📰 Welcome back, Moneda Moves readers. 📰
Between the G7 summit, the Brazilian government's initial rejection of $20 million in aid for the Amazon rainforest, preparation for storm Dorian and its possible implications for Puerto Rico and y más, we are off to a busy start in news this week. In this week's digest, we take a look at:
"Latinos in Film: Erasure On Screen; Behind the Camera Across 1,200 Popular Movies," the report on Latinx representation in film. Reminder: Latinos make nearly a fifth of the US population and are top moviegoers by the numbers
Illinois governor calls for mandatory annual diversity report from publicly-traded companies
Hundreds of thousands of children in California are not receiving child support in full when their parents are on welfare
And if this is your reaction to any of those bullets:
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You're not alone. We're breaking that in today's newsletter and more. No te lo pierdas.
See you at the bottom!
Con poder✊🏽,
Lyanne
Keep tabs/cuentas on what's happening at the intersection of Latinx and money.
Latinos continue to be underrepresented in Hollywood🎥: Despite recent calls to increase diversity in the movie business, a recent report confirms that Latinx are still rare in the industry. Latinas were even more underrepresented, making only 1 of 1,335 directors. Of the 100 top-grossing films per year in the last 12 years, only three percent featured Latinx in lead or co-lead roles. Behind the camera, casting executives and producers also were underrepresented, filling only three percent of roles. The bleak stats come from a recent study by The Annenberg Inclusion Initiative at the University of Southern California in partnership with National Association of Latino Independent Producer (NALIP).
“At a time where Latinos in our country are facing intense concerns over their safety,” said Dr. Tracy L. Smith, who produced the report, “we urgently need to see the Latino community authentically and accurately represented throughout entertainment.”
Remezcla's Manuel Betancourt put together a solid list of takeaways from the report that the film industry is talking about this week.
(Credit: USC Annenberg Inclusion Initiative)
Illinois governor calls for annual diversity report card, beginning in 2021✅: The measure is a step down from the original proposal by Rep. Emanuel “Chris” Welch, D-Hillside which would require companies to have at least one woman, African American and Latino on their boards. But starting two years from now, Illinois publicly-traded companies will have to submit an annual report on gender, ethnic and racial diversity on corporate boards. The University of Illinois will then use the data to create a ranking system for the companies based on diversity. The full story comes from the Chicago Tribune's Mary Ellen Podmolik and Dan Petrella.
Put your money/monedita where your mouth is! Some money updates for thought.
In California, hundreds of thousands of kids don't receive full child support payments💰: When parents are on welfare kids in California don't get the full benefits. In a case highlighted by The Takeaway on WNYC, a parent, Thomas Lam Jr. was paying $1,000 a month in child support, but because the mother was on receiving government assistance, the family only received $50 a month from the child support payment. The rest went straight to the government.
Similarly, some 250,000 families only get $50 a month in child support payments. For context, the median annual income of parents paying child support in California is about $14,600. The report comes from Marisa Lagos, a political correspondent for KQED, where she speaks with host Tanzina Vega about the story, more on the federal law and how the system punishes parents paying child support for being poor.
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