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Tag Archives: Great Recession
This is what happened when I drove my Mercedes to pick up food stamps
By Darlena Cunha Sara Bareilles played softly through the surround-sound speakers of my husband’s 2003 Mercedes Kompressor as I sat idling at a light. I’d never been to this church before, but I could see it from where I was, across from … Continue reading
How I lost my middle-class life
By Jayme Reid Recently I read an article in the New York Times Magazine by Dominique Browning, the former House and Garden magazine editor who lost her job when the magazine folded in 2007. Like “The Bag Lady Papers,” a … Continue reading
Posted in News from the Soul Brother
Tagged economy, Great Recession, life, middle class, money, motherhood, Mothers, recession, United States
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A Record Number Of Americans Cant Afford Their Rent
By Bryce Covert Paying more than 30 percent of your income on rent is what experts call unaffordable. Yet the number of people who fall into that group has reached record numbers, according to a new report from the Joint … Continue reading
Posted in News from the Soul Brother
Tagged Affordable housing, business, Great Recession, poverty, Residential, United States
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Wealthiest Americans Take Home Biggest Share Of Income Ever Recorded
By Bryce Covert The top ten percent of earners in the United States took home more than 50 percent of all income in 2012, the highest amount ever recorded since data was first collected in 1917, according to an updated … Continue reading
Where Have America’s Wages Gone?
By Richard (RJ) Eskow A new briefing paper from the Economic Policy Institute provides an overview of the income stagnation currently plaguing the vast majority of Americans. “A Decade of Flat Wages,” by Lawrence Mishel and Heidi Shierholz, offers valuable background on … Continue reading
Getting A Loan Is Just As Easy For African-American Females As White Males, Study Shows
Black borrowers have faced higher hurdles to getting loans, even before the Great Recession’s infamous credit crunch. But one subsection of the community has managed to evade financial institutions’ discriminatory practices, a new study from the University of Iowa shows. … Continue reading
Posted in News from the Soul Brother
Tagged Black Women, economy, Great Recession, loans, money, Perception, United States, White Males
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70 Percent of Americans ‘Emotionally Disconnected’ at Work: Shocking Poll Reveals Workforce Zombieland
By Steven Rosenfeld If you thought that Americans who kept their jobs during the Great Recession were glad to be working, you would be dead wrong. According to a Gallup.com report, 70 percent of American workers are “emotionally disconnected” at … Continue reading