Poor kids who do everything right don’t do better than rich kids who do everything wrong

October 23 Comments Off on Poor kids who do everything right don’t do better than rich kids who do everything wrong Category: Feed, Tumblr

Poor kids who do everything right don’t do better than rich kids who do everything wrong:

Hard to rise, and harder to fall: Poor college grads stay poor about as much as rich high school dropouts stay rich.

Rental America: Why the poor pay $4,150 for a $1,500 sofa

October 21 Comments Off on Rental America: Why the poor pay $4,150 for a $1,500 sofa Category: Feed, Tumblr

Rental America: Why the poor pay $4,150 for a $1,500 sofa:

No credit, no cash, no bank account? There’s still a place to go shopping, but it comes at a price.

“”The single most important number in today’s report is 102 million, which is the rounded sum of…”

October 04 Comments Off on “”The single most important number in today’s report is 102 million, which is the rounded sum of…” Category: Feed, Tumblr

“The single most important number in today’s report is 102 million, which is the rounded sum of adults either not in the labor force or unemployed, and it amounts to 41% of the adult population. […]

The prime age [25-54] employment ratio has never been as low as it has remained since the end of the Great Recession.”

September Jobs: Some Numbers Bubblevision Didn’t Mention.

“The first major benefit of this bottom-up perspective on inequality: it is very practical. If we ask…”

October 01 Comments Off on “The first major benefit of this bottom-up perspective on inequality: it is very practical. If we ask…” Category: Feed, Tumblr

“”The first major benefit of this bottom-up perspective on inequality: it is very practical. If we ask which groups are getting left behind, we suddenly find ourselves with an agenda for effective action against poverty. A second benefit also becomes clear: once we know which groups are impoverished and excluded, we can often get a better sense of the political context that explains both action and inaction.””

To end inequality, we must realise that it isn’t about the rich, it’s about the poor. And we know almost nothing about them.