Poverty is hitting the suburbs with more sting
- Literally: We Can't Afford Afghanistan or Our Military Industrial Complex, If We Want to Advance as a Nation
- Bastions of the middle class, Twin Cities suburbs are seeing financial pain spreading quietly among their residents. They now have more poor people than the core cities of Minneapolis and St. Paul.
- Millions of Unemployed Face Years Without Jobs
Mary Jane Smetanka, Star Tribune | MN
Wiley Miller
In a startling shift, Twin Cities suburbs now have more poor people than the core cities of Minneapolis and St. Paul.
Job losses, foreclosures and disappearing insurance coverage have pushed requests for food stamps, medical assistance and emergency housing aid to record levels. Homeless numbers are rising. Food shelves are scrambling to meet demand.
It's a trend mirrored in suburbs across the nation, where a recent study found that suburban poverty has grown five times faster than it has in big cities.
Related:
Literally: We Can't Afford Afghanistan or Our Military Industrial Complex, If We Want to Advance as a Nation, Peter G. Cohen, BuzzFlash.com
- The way to stop this endless war, this endless brutalizing of their people and ours, this endless drain of borrowed money and missed opportunities, is to stop funding the war.
- Cost of War is budgetary "Elephant in the Room"
- Poverty is hitting the suburbs with more sting
Millions of Unemployed Face Years Without Jobs, Peter S. Goodman, New York Times
- Call them the new poor: people long accustomed to the comforts of middle-class life who are now relying on public assistance for the first time in their lives — potentially for years to come.
- Understanding the Job Crisis
- It’s an unemployment crisis, not a deficit crisis
Bad News, Good News, and Class Conflict, John Miller, Dollars & Sense
- Soft Economy? No Problem First the bad news: The economy is weak. And now the good news: The economy is weak... Oddly, the same problem that worries many investors over the longer term is what encourages some for the short term: a soft economy. The reason is that an ailing economy requires the Federal Reserve to keep its short-term interest-rate targets near zero and continue pumping billions of dollars into the financial system. —E. S. Browning, “For Stock Investors, Bad Economy Isn’t Bad,” Wall Street Journal, November 9, 2009
- The Economic Elite Vs. The People of the United States of America
Rebuild the middle class, Sen. Bernie Sanders, I-VT, in Burlington Free Press | VT
- We need to fundamentally change the way Wall Street does business so that it invests in the job-creating productive economy, instead of the casino-style gambling that led to the largest taxpayer bailout in history.
- Financial institutions that are "too-big-to-fail" need to be broken up. Big banks that received a taxpayer bailout need to increase lending to small businesses. And we need to establish a national usury law to stop lenders from ripping off the middle class by charging outrageously high interest rates.
