via USA Today U.S. abortions fell 5% during the Great Recession in the biggest one-year decrease in at least a decade, according to government figures released Wednesday. The reason for the decline wasn’t clear, but some experts said it may be due to better use of birth control during tough economic times. Their theory is … Continue reading
via Izhar Harpaz, Dateline, MSNBC The small communities that dot the picturesque mountain landscape outside Boulder, Colorado conjure up an image from long before the great recession. Here the manicured lawns and expensive cars are a testament to the achievements of a fiercely independent and educated middle class; a 21st century version of suburban bliss. … Continue reading
via Don Lee, Chicago Tribune The Great Recession took such a heavy toll on the economy that the typical American family lost nearly 40% of its wealth from 2007 to 2010, shaving the median net worth to a level not seen since the early 1990s. The Federal Reserve said in a new report Monday that median family net … Continue reading
via Carrie Budoff Brown and Seung Min Kim, Politico President Barack Obama’s embrace of same-sex marriage was viewed for so long as such a risky move that operatives in both parties expected it to drop like a bomb, handing Republicans a powerful wedge issue in an election year. Instead, it’s landed like a feather. Top … Continue reading
via Tom Raum, Associated Press, Chicago Tribune Fifty percent of U.S. workers earned less than $26,364 last year, reflecting a growing income gap between the nation’s rich and poor, the government reported Thursday. There were fewer jobs, and overall pay was trending down — except for the nation’s wealthiest. The number of people making $1 … Continue reading
via Don Hazen and Colin Greer, Alternet Author and public intellectual Colin Greer tells us how we got where we are today. It’s not a pretty picture, but hope is on the way. At this moment, there are growing protests on Wall Street in Manhattan, in Boston at the Bank of America, and in cities around … Continue reading