Saturday, October 09, 2010

getting poorer

"Millions of Americans at all income levels moved to the suburbs looking for better schools, better jobs, affordable housing, and a sense of security, but in recent years, as incomes have fallen, people had a harder and harder time making ends meet," said Scott Allard, a University of Chicago professor "As a result, Americans who never imagined becoming poor are now asking for assistance, and many are not getting the help they need."

Cities still have higher poverty rates -- about 19.5 percent, compared with 10.4 percent in the suburbs. But the gap has been steadily narrowing. The study of census data finds that since 2000, the number of poor people in the suburbs jumped by 37.4 percent to 13.7 million. The growth rate of suburban poverty is more than double that of cities and higher than the national rate of 26.5 percent.

Poor people's requests to nonprofit groups for help buying food, paying bills and making housing payments generally jumped 30 percent between 2008 and 2009. About 3 out of 4 nonprofit groups reported more requests from people who had never sought help before.

1 comment:

Shalom Patrick Hamou said...

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No monetary or fiscal policy can pull us out of the depression.

I am inviting you today to

Vote for Your Economy, Now.
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When was the last time you were given that opportunity?

We don't intend to replace the prevalent system but to offer you an additional option.

We will add a significant amount of jobs, income and investment.

This is the only election in which the law of the majority is not binding on the minority.

If you don't participate you are still be making a choice:
the choice of relying exclusively on the prevalent system.
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Vote Now for the Credit Free, Free Market Economy
Add Jobs, Revenues & Investments.
Prosperous, Fair, Stable & Peaceful.
http://post-crash.com
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On September 10th at 10:00 AM EST
I will post a video on that site describing the voting process.

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At the present moment people are unusually expectant of a more fundamental diagnosis; more particularly ready to receive it; eager to try it out, if it should be even plausible. But apart from this contemporary mood, the ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is commonly understood. Indeed the world is ruled by little else.

Practical men, who believe themselves to be quite exempt from any intellectual influences, are usually the slaves of some defunct economist. Madmen in authority, who hear voices in the air, are distilling their frenzy from some academic scribbler of a few years back.

I am sure that the power of vested interests is vastly exaggerated compared with the gradual encroachment of ideas. Not, indeed, immediately, but after a certain interval; for in the field of economic and political philosophy there are not many who are influenced by new theories after they are twenty-five or thirty years of age, so that the ideas which civil servants and politicians and even agitators apply to current events are not likely to be the newest. But, soon or late, it is ideas, not vested interests, which are dangerous for good or evil.

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Vote Now for the Credit Free, Free Market Economy
Add Jobs, Revenues & Investments.
Prosperous, Fair, Stable & Peaceful.
http://post-crash.com
_______________________________________

Note: I am grateful to the owners of this blog to let me publish my Ideas on their Internet Property. I am ready to publish free articles on any media whatever their political, economical, philosophical ideology.