As New York’s Billionaires Got Richer, Its Hunger Problem Got Worse
http://thinkprogress.org/economy/2013/11/27/3003241/hunger-york-city-inequality/
Recent years have been good for New York Citys billionaires but worse for hungry families and the charities that serve them, according to a new report from the New York City Coalition Against Hunger (NYCCAH). The findings amount to a tale of two food cities, according to NYCCAH Executive Director and Center for American Progress fellow Joel Berg.
About 400,000 children, or one of every five citywide, lived in hunger during the 2010-2012 period, and overall 1.3 million New York City residents werent able to provide adequate nutrition for their families at some point over the course of a year, lacking food security. The data on hunger comes from the Census Bureau, which tracks the rate of food insecurity in three-year periods. One in ten senior citizens was food insecure during the same timeframe, meaning that nearly 176,000 New Yorkers older than 60 couldnt feed themselves properly.
Each of these groups is experiencing a higher rate of food insecurity than in previous years, NYCCAH notes:
Meanwhile, Forbes data on the citys richest citizens shows that the net worth of the 53 billionaires in New York City rose from $210 billion to $277 billion over the past two years, Berg notes.