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Tag Archives: poverty
The Hard-to-Believe, Cruel Things Corporate Executives Say About Americans Struggling to Get By
By Paul Buchheit At a time of year when we’re inclined to show empathy for people less fortunate than ourselves, some of our top business leaders are notable for comments that show their disdain for struggling Americans. Their words may … Continue reading
Posted in News from the Soul Brother
Tagged Exxon, homelessness, McDonald, Monsanto, poverty, United States, Walmart
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The pope takes on economics’ pro-rich bias
By Edward Hadas The leading theories of economics and finance are usually produced for the rich. Pope Francis deserves praise for suggesting an economics for the poor. The typical criteria of economic success – such as efficient pricing, fully competitive … Continue reading
Posted in News from the Soul Brother
Tagged Capital Asset Pricing Model, Catholic, Economic, finance, income inequality, poor, Pope Francis, poverty, wall street, wealth
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‘I May Die Broke. I May Get More Poor. I May Turn Around And Get Money Again. I Just Don’t Know.’
By Shadee Ashtari Carol Sarao, 57, was a successful musician for many years before the economy soured on the music business. For the past seven years, she’s worked a series of hourly jobs and now brings in $240 a week … Continue reading
Republican unveils worst school idea ever: Make poor kids clean floors
By Jim Newell Rep. Jack Kingston seems to be the least crazy of the various House Republicans running to replace retiring Sen. Saxby Chambliss in Georgia. Why? Ha, I don’t really know; he got into some sort of fight with … Continue reading
I started buying the signs that the homeless use to beg. Here’s what happened
By Andres Serrano Sign of the Times was conceived in early October when I started to see what I perceived as a greater number of homeless people in New York City. As a native New Yorker, it surprised me because … Continue reading
Posted in News from the Soul Brother
Tagged Battery Park, business, Harlem, homelessness, New York City, poverty
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The Awful Service Jobs Replacing Skilled Labor
By David Atkins We already knew it anecdotally, of course, but a new MIT studyadds further weight to the notion that outsourcing and mechanization are turning previously well-paying skilled jobs into low-paying service jobs: The widening chasm in the U.S. … Continue reading
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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These Bank Employees Get Paid So Little That They Require Public Assistance
By Alan Pyke “Bank teller” may sound like a profession that would allow a person to pay all her bills and live a decently middle-class life, but that’s not the case. Three in ten bank tellers rely upon some type … Continue reading
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‘There are now two Americas. My country is a horror show’
By David Simon America is a country that is now utterly divided when it comes to its society, its economy, its politics. There are definitely two Americas. I live in one, on one block in Baltimore that is part of … Continue reading →