The Two-Income Trap - Elizabeth Warren [83]
Women’s groups have too few dollars and too little (wo)man power to fight every injustice. But there is another lesson in the tale of the bankruptcy bill. Women’s issues are not just about childbearing or domestic violence. If it were framed properly, middle-class economic reform just might become the issue that could galvanize millions of mainstream women to join the fight for women’s issues. The numbers are certainly there. This year, more women will file bankruptcy papers than will receive college diplomas. More women with children will search for a bankruptcy lawyer than will seek subsidized day care. And in a statistic with special significance for Senator Biden, more women will be victimized by predatory lenders than will seek protection from an abusive husband or boyfriend.112
The point is not to discredit other worthy causes or to pit one disadvantaged group against another. Nor would we suggest that battered women deserve less help or that subsidized day care is unimportant. The point is simply that family economics should not be left to giant corporations and paid lobbyists, and senators like Joe Biden should not be allowed to sell out women in the morning and be heralded as their friend in the evening. Middle-class women need help, and right now no one is putting their economic interests first.
Political groups on the conservative end of the political spectrum should step up as well. Groups such as the Family Research Council and Focus on the Family organize their political and educational activities around the family. But economics are nestled at the core of family values. Any group that is serious about lowering divorce rates should focus on reducing the economic stress that strains a marriage. Any group that cares about children should be vitally interested in how home mortgages are marketed and how tens of thousands of kids are getting kicked out of their houses. And any group that thinks Mom ought to have the option to stay home with the kids should be powerfully concerned about the debt trap that chains millions of middle-class women to their offices.
A few religious leaders have involved themselves in family economics. In a recent letter to Congress, several faith-based organizations, including Catholics, Jews, and Unitarians, joined to argue that “[s]ocial justice for the socially and economically disadvantaged is part of the cherished moral tradition shared by all of our religions.”113 Citing a passage from the Bible about forgiveness of debts, the group called on Congress to abandon the proposed bankruptcy bill because the hardship it would impose on families was out of line with their religious beliefs. When they saw that the vitality of the family was at stake, these groups mobilized their moral authority against those who would rob families of their economic independence. Other faith-based organizations should heed the call and follow their lead.
Liberal or conservative, faith-based or secular, any group that sees its mission as families should have interest rate regulation and bankruptcy protection