Cartoon – Development
Tag: poverty
Household Economics: Racial Distribution
Many experts consider the wealth gap to be more pernicious than the income gap, as it perpetuates from generation to generation and has a powerful effect on economic security and mobility. Young black people are much less likely than young white people to receive a large sum from their parents or other relatives to pay for college, start a business […]
Read moreUrbanization Helps China Eliminate Poverty
BEIJING – The greatest risk China faces in its historic modernization is the massive imbalance between urban and rural areas, according to the country’s top agriculture official. “The most important and difficult task is to resolve issues concerning agriculture, countryside and farmers … to realize the agricultural modernization and the urbanization of most farmers,” said Minister of Agriculture Han Changfu […]
Read moreWilliam James Quote – Afraid To Be Poor
“We have grown literally afraid to be poor. We despise anyone who elects to be poor in order to simplify and save his inner life. If he does not join the general scramble and pant with the moneymaking street, we deem him spiritless and lacking in ambition. We have lost the power even of imagining what the ancient idealization of […]
Read moreThe wealthy taking up housing meant for the poor
Though New York City’s waiting list for subsidized housing stands at over 300,000, the agency still has only nominal ability to evict a tenant who once qualified but subsequently became wealthier, and the latest “beneficiary” of those rules, according to a November WPIX-TV report, is a household that reported earning $497,911 in a recent year. Initially, one housing authority official […]
Read moreThe children can’t take it anymore
Russian teens are killing themselves en masse, and the authorities “seem oblivious,” said Alexander Tretyakov. The country has long had one of the world’s highest teen suicide rates, and in the past decade it’s gotten worse. Thousands of teens have joined “suicide forums” on Vkontakte, the Russian equivalent of Facebook. There they share stories of abuse and desperation and trade […]
Read morePope John Paul II Quote – Distinguishing Mark Of The Human Person
“When millions of people are suffering from a poverty which means hunger, malnutrition, sickness, illiteracy and degradation, we must not only remind ourselves that no one has a right to exploit another for his own advantage, but also and above all we must recommit ourselves to that solidarity which enables others to live out in the actual circumstances of their […]
Read moreThe Befuddling Effect of Poverty
The strain of worrying constantly about making ends meet depletes poor people’s brainpower, making them more likely to make bad decisions that can perpetuate the cycle of poverty. In fact, Princeton University researchers conclude in a new study, just feeling poor can quickly knock 13 points off a person’s IQ.To determine how financial worries affect thinking, the researchers posed various […]
Read moreJapanese seniors turn to life of crime
Tokyo ‘Silver shoplifters’: Facing cuts in welfare and pensions, Japan’s swelling ranks of the elderly are turning to crime—many of them stealing food. Shoplifters are now more likely to be over 65 than under 18. Criminal offenses by the over-65 set have doubled in the past decade, even as overall crime has dropped. “Senior citizens shoplift lunch boxes and bread […]
Read moreInside America’s Poorest County
The richest counties got richer and the poorer got poorer in the last decade, according to census reports. The poorest county turns out to be in the heart of Appalachia — Owsley County, Ky. Owsley had the lowest median household income outside of Puerto Rico, according to census results. In Owsley, the median household income is $19,351. Over 41 […]
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