Last week in Detroit, where unemployment is close to 30%, one third of all households are in poverty, and whole neighborhoods have been abandoned, chaos ensued as an estimated 15,000 to 30,000 people lined up in the hopes of getting federal aid. 65,000 applications were taken for a new program that will fund only 3,500 people (via).
posted by HP LaserJet P10006 on Oct 11, 2009 - 83 comments

Too Poor to Make the News "The super-rich give up their personal jets; the upper middle class cut back on private Pilates classes; the merely middle class forgo vacations and evenings at Applebee’s. In some accounts, the recession is even described as the “great leveler,” smudging the dizzying levels of inequality that characterized the last couple of decades and squeezing everyone into a single great class, the Nouveau Poor, in which we will all drive tiny fuel-efficient cars and grow tomatoes on our porches.

But the outlook is not so cozy when we look at the effects of the recession on a group generally omitted from all the vivid narratives of downward mobility — the already poor. From their point of view “the economy,” as a shared condition, is a fiction."
posted by nooneyouknow on Jun 17, 2009 - 74 comments

The Dalai Lama blames the financial crisis on a decline in spirituality. Hindus blame it on greed. Saudi Grand Mufti, Abdul Aziz al-Sheikh, blames the crisis on ignoring God's rules. Jewish scholars say we could have avoided a crisis by following Talmudic traditions. Pope Benedict sees the global financial system as "self-centred, short-sighted and lacking in concern for the destitute." Is it right to pray for the economy? (a Christian perspective). A Malaysian conference brings together Buddhists, Christians, Muslims, Hindus, Taoists, and Sikhs to discuss the crisis.
posted by desjardins on Jan 14, 2009 - 93 comments

Teenage Hoboes in the Great Depression. During the Great Depression over 250,000 young people left home and began riding freight trains or hitchhiking across America. Most of them were between 16 and 25 years of age. Many finally found work and shelter through the Civilian Conservation Corps, a government relief project that Franklin D. Roosevelt established in 1933 as part of the New Deal. From 1933 to 1942, CCC enrollees built new roads, strung telephone wires, erected fire towers, and planted approximately 3 billion trees. By 1935, the program was providing employment for more than 500,000 young men.
posted by matteo on Jul 7, 2006 - 25 comments