For all the supposed potential of the “American Dream,” immigrants in New York City often have a terrible time redeeming its promise. Many arrive in the United States with no financial grounding or burdened by a heap of debt; others can spend years priced out of financial credit by poverty and discrimination. Now, however, the city is allocating a little seed capital toward the long-overlooked economic potential of poor immigrant communities.
|By: Michelle Chen Saturday September 21, 2013 6:40 pm|
|By: Nona Willis Aronowitz Saturday August 31, 2013 1:59 pm|
Through 100 in-depth interviews Silva vividly pulls us into this world, mostly in Richmond, Virginia, and Lowell, Massachusetts, where her grandparents grew up. The most striking thing about these stories is that they’re not only about debt or empty checking accounts; they’re about small moments wherein our institutions have ignored, confused, or overwhelmed working class people. Isaac doesn’t apply for financial aid for community college because his mother feels uncomfortable providing her salary for the FAFSA. Christopher feels “tricked” for being taxed $400 for not purchasing Massachusetts health insurance because he was unemployed and didn’t know how to look for free health care. Eileen tries to collect welfare, but couldn’t despite her low income because she inherited a house from her mother.
These moments spark not only resentment in the “system,” but between different groups.
|By: dakine01 Sunday August 18, 2013 8:55 am|
These last few years, I have occasionally found myself watching the TV show Undercover Boss.
Most of the shows I’ve seen have the “undercover” person meeting front line workers and being shown how the person does the job. As the worker and undercover boss do the task(s), they talk together and we hear the stories of the workers. It may be how the worker is a single mother worrying about how she will pay for her children’s education. It may be the story of how the worker volunteers at a homeless shelter. Whatever the story the worker has to tell, it is usually some variation on heart warming to heart wrenching.
At the end of the episode, the workers the “undercover boss” has met are brought to the headquarters where they then meet the boss in his/her real life. Sometimes they recognize the person they knew as a worker, sometimes they don’t .
|By: DSWright Monday May 6, 2013 8:55 am|
Hoping for change? The evidence now indicates that youth unemployment in America has now surpassed Europe and other developed countries, marking a stark turnaround from previous trends. The United States has become a land of diminishing opportunity for the young.
|By: Michelle Chen Sunday May 5, 2013 7:00 am|
If you think being jobless is tough, try applying for unemployment benefits. In Florida, simply filling out the form requires considerable talent and endurance. According to a recent ruling by the federal Department of Labor, the state’s new online application process is so fraught with arbitrary obstacles that it violates federal civil rights protections.
|By: Neil Barofsky Saturday April 20, 2013 1:59 pm|
In their groundbreaking new book, The Bankers’ New Clothes, Anat Admati and Martin Hellwig, two of the world’s most prominent and respected academics in finance and economics, expose the lies propagated by those who fight so dramatically to preserve the broken status quo. Argument by argument, scare tactic by scare tactic, they take on the bankers’ arguments and shred them, one by one, exposing them as nothing more than self-serving justifications for preserving a system that serves only the banks, not the general public. And most importantly, they do so in plain English with real world examples that are familiar to anyone who has ever had a bank account, a credit card, or a mortgage. They make the complex simple, and in so doing, reveal that as taxpayers we have been on the wrong side of a decades-long con that has enriched a handful of bankers while the rest of us suffer for their excesses.
|By: Jon Walker Monday April 15, 2013 2:35 pm|
While it seems Congress has forgotten that we have been suffering with unacceptably high unemployment for years regular Americans have not. Once again the top concern for Americans is the economy and followed a close second by unemployment.
|By: DSWright Wednesday March 27, 2013 8:00 pm|
The story of robotics replacing workers in manufacturing is nothing new but now it seems that robots are moving into the once unthinkable sector of service jobs. The kind of work some previously thought only humans could do.
|By: DSWright Monday March 18, 2013 7:35 am|
Speaker John Boehner might want to take a word of advice from Speaker John Boehner because according to him there is no immediate crisis. In an interview with ABC News Speaker Boehner admitted that, contrary to much of his and his party’s rhetoric, there actually is not a debt crisis.
|By: ThirdandState Thursday February 14, 2013 4:52 pm|
The Australian minimum wage this year is $15.96 per hour. I know this mostly because my daughter lives in Melbourne these days (not forever, I hope). When she arrived there 18 months ago, she got a job at a minimum-wage restaurant. She earned enough to cover her rent and other expenses.