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"Probably by the time you got to work today you would run into many ALICEs," Hoopes said. "You dropped your kid off at child care, you went to the bank and saw the teller, you had to have your car fixed and you met the mechanic, or you may have parked your car in a garage and met the security guard. There are touch points throughout our day when we interact with these people I just bought my coffee from ALICE probably." In Maryland, about 35 percent of households, about 750,000 families, fit the ALICE definition. Carroll County does somewhat better, at 23 percent of households, though that still adds up to just more than 16,000 families who, like Benson, work hard but see little way to get ahead without taking cost-cutting measures, such as moving back into his parents' home. "I used to have a [Chevy Tahoe] and I got 15 miles to the gallon. Because I am in construction, I had to drive to different job sites all day and I was using hundreds of dollars in gas," Benson said. "I ended up getting rid of that and getting a little tiny Honda hatchback because it gets 50 miles to the gallon. I am finding ways to cut corners everywhere I can." Unlike the federal poverty level, which is the same all across the country and without reference to the cost of living in 2017, $11,880 in annual income for a single adult, and $24,300 for a family of four the ALICE report takes into account the cost of living in Maryland, and in each Maryland county, to present two measures of what kind of income it takes to get by. The ALICE Survival Budget, according to Hoopes, is the amount of money necessary to financially tread water and stay afloat a break-even amount of income and the threshold of the ALICE demographic.
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Correspondent, IDG News Service | Jan 13, 2017 5:46 AM PT Email a friend Use commas to separate multiple email addresses From Your message has been sent. Sorry There was an error emailing this page. Credit: Blair Hanley Frank 5 technologies that will shake things up in 2017 AT&T chief executive Randall Stephensonmet with President-elect Donald Trump on Thursday to talk jobs and investment, but the company's multi-billion takeover of Time Warner was not on the table. The company didn't say much about the meeting, which took place at Trump Tower in New York, but characterized it as wide ranging. "As the countrys leading investor of capital for each of the last five years, the conversation focused on how AT&T can work with the Trump administration to increase investment in the U.S., stimulate job creation in America, and make American companies more competitive globally," AT&T said in a statement. INSIDER 12 habits of successful tech CEO Stephenson is one of several CEOs to have met with Trump in recent weeks. Many of the meetings have been focused on similar issues, although in many cases the job and investment commitments announced after the meetings were already in place. AT&T has a good reason to cozy up to Trump. The president-elect has pledged a major push in infrastructure building and AT&T owns one of the largest telecommunications networks in the country, so it could benefit from any government investment in that area.
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