8 posts tagged with recession and poverty. (View popular tags)
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Rapid declines into poverty

The Sharp, Sudden Decline of America's Middle Class (via The Billfold) [more inside]
posted by peacheater on Jun 27, 2012 - 83 comments

 

Life on the Breadline

Welcome to the world of Britain's working poor. The Rowleys belong to a section of society not much mentioned in ministerial and media dispatches. They are neither the very wealthy affected by the 50p tax nor the "squeezed middle" expressing anxiety about child benefit and this week's budget; nor are the Rowleys representative of the long-term unemployed or one of the 120,000 "troubled families" in which the government is investing £448m over the next three years. [more inside]
posted by modernnomad on Mar 18, 2012 - 105 comments

Before the Occupy movement, there were tent cities.

"Imagine if you had never been homeless before and you'd just lost your job and you lost your home. What would you do? Would you immediately go begging or knocking on a door? No, you would downsize, move into cheaper accommodations, if that did not work you'd move in with friends or relatives and then you'd move into a cheap motel and then ... where would you want to go before winding up at a shelter door? You would much prefer to live at a park with your family and your dog." ... "In just about every major city, there are tent cities. Unfortunately, we're in a growth industry and the numbers are going to continue." -- Michael Stoop, a community organizer for the National Coalition for the Homeless, explaining that the surge in American tent city shantytowns, first highlighted on MeFi in 2008/09: 1, 2, 3, has not slowed. The Great Recession: Life in Tent City, Lakewood NJ / Photo Gallery / Video. [more inside]
posted by zarq on Nov 10, 2011 - 40 comments

Some weeks I'm lucky to make £500

As the UK coalition government plans swingeing cuts and students take to the streets to protest, one mother asks us to remember the 'Nouveau Pauvre'. Some commentators react unfavourably to her impending 'austerity Christmas'. [more inside]
posted by mippy on Dec 5, 2010 - 58 comments

Detroit and the Economy

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

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

Religious takes on the global financial crisis

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.

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

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