In a report out this week, the Economic Policy Institute says that more than half of African American children will likely be living in poverty next year. The numbers are staggering. The overall childhood poverty rate will climb to 27% and the poverty rate for African American children will reach 52.3% in 2010.
Before you drop a lot of cash on your mother this weekend, keep a few things in mind. First, Mother’s Day began as an anti-war protest and was not intended to be the commercial holiday that it’s become. Second, flower retailers are gearing up for you to send humongous bouquets to the mothers in your [...]
Today marks the 39th Earth Day. And even though the annual celebration on April 22nd began in the United States, it’s now a global celebration, with a billion people expected to participate this year. Here are some articles to read, ideas to ponder, ways to observe the day and a documentary to watch (or not [...]
The Seattle Post-Intelligencer joins the Rocky Mountain News in the Newspaper Death Watch. On Tuesday, Seattle’s 146-year-old paper will publish its last print edition, shutting down the daily newspaper but maintaining its online presence at seattlepi.com. P-I subscribers will receive rival paper, The Seattle Times, without interruption, but The Seattle Times has its own set [...]
Just about everybody is scared these days. French consumer confidence is down. German business confidence is down. Consumer confidence is up in Canada and Italy. But consumer confidence is down in Mexico, and many foreign workers in Dubai just skipped town when they lost their jobs. In the United States, well, Americans are not very [...]
As we mentioned last week, you can track the progress of the American Recovery and Reinvestment Act at Recovery.gov. The site launched Tuesday after President Obama signed the so-called stimulus bill into law.
The following video could be mistaken for an SNL skit. During Wednesday’s House Financial Services Committee‘s hearing on TARP accountability, Congresswoman Maxine Waters referred to the eight bank CEOs as “captains of the Universe.” There was some confusion during her grilling of the bank chiefs and a call for the California congresswoman to calm down. [...]
There was Change.gov. Then there was the revamped WhiteHouse.gov, which looked an awful lot like Change.gov. And did you know there was a USA.gov? Well, there’s another “dot gov.” The Obama administration created Recovery.gov so that Americans can keep track of the stimulus bill (a.k.a. the American Recovery and Reinvestment Act) and “see how and [...]
Have you been having trouble keeping track of the ever-popular stimulus package (a.k.a. the American Recovery and Reinvestment Plan)? Not to worry. The Heritage Foundation, Citizens Against Government Waste, Taxpayers for Common Sense and a bunch of other groups have created a searchable Web site (ReadTheStimulus.org) that presents the stimulus bill documents and allows visitors [...]
Economist and “New York Times” Op-Ed columnist explains why the middle class in the U.S. is disappearing.