General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsIs Calif Broken? New Huff Post Story suggests it is:
Although the following story focuses on Southern Calif., the same is true of many communities that are rural in nature. And of course the poverty levels would be worse, except so many people right now are taking out student loans and going back to school. Additionally many young people are enlisting in the Armed Services, with the Navy seeming to be the choice that makes so many parents happy as then the young person might avoid seeing real heavy duty action on the ground.
http://www.huffingtonpost.com/2013/09/20/southern-california-poverty_n_3957108.html?utm_hp_ref=san-francisco&ir=San%20Francisco
From the above link:
In Los Angeles County, the poverty rate also climbed 3.6 percentage points from 15.5 percent in 2008 to 19.1 percent in 2012. It rose 0.8 percentage points from 2011 to 2012, according to the Census Bureau's American Communities Survey.
"Even through 2012, the L.A. County economy was struggling to recover and ... more Los Angeles County households fell below the poverty line as a result of the lingering effects of the Great Recession," said Robert Kleinhenz, chief economist of the Los Angeles County Economic Development Corp.
"You've got people who fundamentally are going to have a more difficult time putting food on their table for their family members, who are not going to be able to get the health care they should have otherwise gotten."
San Bernardino County, which was particularly hard-hit by the recession, fared worse as the poverty rate rose 6 percentage points from 14.4 percent in 2008 to 20.4 percent in 2012. The rate rose 1.1 percentage point from 2011 to 2012.
NV Whino
(20,886 posts)The nation is broken, and it started with George Bush.
truedelphi
(32,324 posts)Truly tragic economic appointments of this President. Starting with Tim Geithner, and then there was his re-appointment of Ben Bernanke.
This is a state of 37 million people, and regardless of who is President, we tend to be treated like a step child. In the Nineties and early 2000's, the state received only 73 cents back for every $ 1 in tax revenue ti gave to the Federal government.
Geithner refused the state of Calif a request for a loan for 20 billion dollars, as according to Geithner, it would "be a heavy burden on the deficit."
But the nuclear industry will be given a 55 billion dollar loan, and that is okay, as Geithner is friends with those in the nuke industry. (The state is owed that much in unrecovered funds promised by the Federal Government as part of legal reparations for taking in so many immigrants over the last 30 years.)
And then there are all those many friends of Geithner who are in Wall Street firms and who get tens of millions of dollars a year in bonus money. With that money coming from the 15 trillions of dollars that was offered as "loans" by Bernanke and with experts stating some 4.7 trillions of those dollars to never ever be repaid. Funny how that its not considered a problem for the deficit.
NV Whino
(20,886 posts)It is by no means limited to GW.