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Americas Poor And The Great Recession
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Book Synopsis America's Poor and the Great Recession by : Kristin S. Seefeldt
Download or read book America's Poor and the Great Recession written by Kristin S. Seefeldt and published by Indiana University Press. This book was released on 2013-01-29 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt: “A thorough and enlightening survey of the impact and legacy of the Great Recession on low-income Americans . . . accessible and readable.” —Journal of American Studies Millions entered poverty as a result of the Great Recession’s terrible toll of long-term unemployment. In this book, Kristin S. Seefeldt and John D. Graham examine recent trends in poverty and assess the performance of America’s safety-net programs. They consider likely scenarios for future developments and conclude that the well-being of low-income Americans, particularly the working poor, the near poor, and the new poor, is at substantial risk despite economic recovery. “[This] primer on the state of America’s poor in the wake of the Great Recession of 2007 to 2009 cuts through Beltway theater and provides a clear picture of the magnitude of poverty of the United States as well as the patchwork nature of social services targeting the poor.” —Journal of Policy Analysis and Management
Book Synopsis The New Faces of American Poverty [2 volumes] by : Lindsey K. Hanson
Download or read book The New Faces of American Poverty [2 volumes] written by Lindsey K. Hanson and published by Bloomsbury Publishing USA. This book was released on 2014-01-15 with total page 986 pages. Available in PDF, EPUB and Kindle. Book excerpt: A timely examination of the effects of the Great Recession on Americans and the resulting federal reforms to healthcare, employment, and housing policies as a means to alleviate poverty. The Great Recession (2007 to 2009) brought the United States—routinely touted as the richest country in the world—to historical levels of poverty. Rising unemployment, government budget crises, and the collapse of the housing market had devastating effects on the poor and middle class. This is one of the first books to focus on the impact of the Great Recession on poverty in America, examining governmental and cultural responses to the economic downturn; the demographics of poverty by gender, age, occupation, education, geographical area, and ethnic identity; and federal and state efforts toward reform and relief. Essays from more than 20 contributing writers explore the history of poverty in America and provide a vision of what lies ahead for the American economy.
Book Synopsis The Great Recession by : David B. Grusky
Download or read book The Great Recession written by David B. Grusky and published by Russell Sage Foundation. This book was released on 2011-10-01 with total page 342 pages. Available in PDF, EPUB and Kindle. Book excerpt: Officially over in 2009, the Great Recession is now generally acknowledged to be the most devastating global economic crisis since the Great Depression. As a result of the crisis, the United States lost more than 7.5 million jobs, and the unemployment rate doubled—peaking at more than 10 percent. The collapse of the housing market and subsequent equity market fluctuations delivered a one-two punch that destroyed trillions of dollars in personal wealth and made many Americans far less financially secure. Still reeling from these early shocks, the U.S. economy will undoubtedly take years to recover. Less clear, however, are the social effects of such economic hardship on a U.S. population accustomed to long periods of prosperity. How are Americans responding to these hard times? The Great Recession is the first authoritative assessment of how the aftershocks of the recession are affecting individuals and families, jobs, earnings and poverty, political and social attitudes, lifestyle and consumption practices, and charitable giving. Focused on individual-level effects rather than institutional causes, The Great Recession turns to leading experts to examine whether the economic aftermath caused by the recession is transforming how Americans live their lives, what they believe in, and the institutions they rely on. Contributors Michael Hout, Asaf Levanon, and Erin Cumberworth show how job loss during the recession—the worst since the 1980s—hit less-educated workers, men, immigrants, and factory and construction workers the hardest. Millions of lost industrial jobs are likely never to be recovered and where new jobs are appearing, they tend to be either high-skill positions or low-wage employment—offering few opportunities for the middle-class. Edward Wolff, Lindsay Owens, and Esra Burak examine the effects of the recession on housing and wealth for the very poor and the very rich. They find that while the richest Americans experienced the greatest absolute wealth loss, their resources enabled them to weather the crisis better than the young families, African Americans, and the middle class, who experienced the most disproportionate loss—including mortgage delinquencies, home foreclosures, and personal bankruptcies. Lane Kenworthy and Lindsay Owens ask whether this recession is producing enduring shifts in public opinion akin to those that followed the Great Depression. Surprisingly, they find no evidence of recession-induced attitude changes toward corporations, the government, perceptions of social justice, or policies aimed at aiding the poor. Similarly, Philip Morgan, Erin Cumberworth, and Christopher Wimer find no major recession effects on marriage, divorce, or cohabitation rates. They do find a decline in fertility rates, as well as increasing numbers of adult children returning home to the family nest—evidence that suggests deep pessimism about recovery. This protracted slump—marked by steep unemployment, profound destruction of wealth, and sluggish consumer activity—will likely continue for years to come, and more pronounced effects may surface down the road. The contributors note that, to date, this crisis has not yet generated broad shifts in lifestyle and attitudes. But by clarifying how the recession’s early impacts have—and have not—influenced our current economic and social landscape, The Great Recession establishes an important benchmark against which to measure future change.
Book Synopsis The Other America by : Michael Harrington
Download or read book The Other America written by Michael Harrington and published by Simon and Schuster. This book was released on 1997-08 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examines the economic underworld of migrant farm workers, the aged, minority groups, and other economically underprivileged groups.
Book Synopsis America's Poor and the Great Recession by : Kristin Seefeldt
Download or read book America's Poor and the Great Recession written by Kristin Seefeldt and published by Indiana University Press. This book was released on 2013-01-29 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt: Millions have entered poverty as a result of the Great Recession's terrible toll of long-term unemployment. Kristin S. Seefeldt and John D. Graham examine recent trends in poverty and assess the performance of America’s "safety net" programs. They consider likely scenarios for future developments and conclude that the well-being of low-income Americans, particularly the working poor, the near poor, and the new poor, is at substantial risk despite economic recovery.
Book Synopsis The New Faces of American Poverty by : Lindsey K. Hanson
Download or read book The New Faces of American Poverty written by Lindsey K. Hanson and published by . This book was released on 2014 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This is one of the first books to focus on the impact of the Great Recession on poverty in America, examining governmental and cultural responses to the economic downturn; the demographics of poverty by gender, age, occupation, education, geographical area, and ethnic identity; and federal and state efforts toward reform and relief.
Download or read book Failure by Design written by Josh Bivens and published by Cornell University Press. This book was released on 2011-02-15 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Failure by Design, the Economic Policy Institute’s Josh Bivens takes a step back from the acclaimed State of Working America series, building on its wealth of data to relate a compelling narrative of the U.S. economy’s struggle to emerge from the Great Recession of 2008. Bivens explains the causes and impact on working Americans of the most catastrophic economic policy failure since the 1920s. As outlined clearly here, economic growth since the late 1970s has been slow and inequitably distributed, largely as a result of poor policy choices. These choices only got worse in the 2000s, leading to an anemic economic expansion. What growth we did see in the economy was fueled by staggering increases in private-sector debt and a housing bubble that artificially inflated wealth by trillions of dollars. As had been predicted, the bursting of the housing bubble had disastrous consequences for the broader economy, spurring a financial crisis and a rise in joblessness that dwarfed those resulting from any recession since the Great Depression. The fallout from the Great Recession makes it near certain that there will be yet another lost decade of income growth for typical families, whose incomes had not been boosted by the previous decade’s sluggish and localized economic expansion. In its broad narrative of how the economy has failed to deliver for most Americans over much of the past three decades, Failure by Design also offers compelling graphic evidence on jobs, incomes, wages, and other measures of economic well-being most relevant to low- and middle-income workers. Josh Bivens tracks these trends carefully, giving a lesson in economic history that is readable yet rigorous in its analysis. Intended as both a stand-alone volume and a companion to the new State of Working America website that presents all of the data underlying this cogent analysis, Failure by Design will become required reading as a road map to the economic problems that confront working Americans.
Download or read book Paying the Price written by Mark Zandi and published by FT Press. This book was released on 2012-09-04 with total page 243 pages. Available in PDF, EPUB and Kindle. Book excerpt: Only a few years ago, the U.S. financial system and economy were near collapse. Global financial institutions teetered and fell, while at once-mighty U.S. companies, panicked CEOs slashed jobs. The financial chaos inflicted catastrophic damage: double-digit unemployment; crashing house and stock prices; federal budget deficits in the trillions, and a wider gap between the country’s haves and have-nots. Today many Americans still feel shell-shocked. But while there remains much to be nervous and frustrated about, it is impressive how much progress has been made in righting the wrongs that got us into this mess. The economy is growing and steadily creating jobs; house prices are stable and stock prices are up; debt burdens have eased for most households and the financial system has shored up its foundations to an impressive degree. American companies are as competitive globally as they have been in a half century. This dramatic turn in the economy’s fortunes occurred because of what government did to stem the financial panic and combat the effects of Great Recession. Policymakers’ unprecedented actions – from Congress’ auto and bank bailouts and fiscal stimulus, to the Federal Reserve’s zero interest rates and quantitative easing – remain intensely controversial, but ultimately they will be judged a success. Serious problems remain, including the government’s mounting debt load and a burgeoning number of disenfranchised workers, but we are on our way to addressing them. Our economic future has arguably never been brighter.
Book Synopsis America's Poor and the Great Recession by : Kristin Seefeldt
Download or read book America's Poor and the Great Recession written by Kristin Seefeldt and published by Indiana University Press. This book was released on 2013-01-29 with total page 179 pages. Available in PDF, EPUB and Kindle. Book excerpt: Millions have entered poverty as a result of the Great Recession's terrible toll of long-term unemployment. Kristin S. Seefeldt and John D. Graham examine recent trends in poverty and assess the performance of America's "safety net" programs. They consider likely scenarios for future developments and conclude that the well-being of low-income Americans, particularly the working poor, the near poor, and the new poor, is at substantial risk despite economic recovery.
Book Synopsis The New Faces of American Poverty: The Great Recession and poverty by :
Download or read book The New Faces of American Poverty: The Great Recession and poverty written by and published by . This book was released on 2014 with total page 935 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The New Faces of American Poverty: Understanding the Great Recession by :
Download or read book The New Faces of American Poverty: Understanding the Great Recession written by and published by . This book was released on 2014 with total page 935 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The New Faces of American Poverty [2 Volumes] by : Lindsey K. Hanson
Download or read book The New Faces of American Poverty [2 Volumes] written by Lindsey K. Hanson and published by ABC-CLIO. This book was released on 2014-01-15 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Resource added for the Psychology (includes Sociology) 108091 courses.
Book Synopsis Children of the Great Recession by : Irwin Garfinkel
Download or read book Children of the Great Recession written by Irwin Garfinkel and published by Russell Sage Foundation. This book was released on 2016-08-21 with total page 365 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many working families continue to struggle in the aftermath of the Great Recession, the deepest and longest economic downturn since the Great Depression. In Children of the Great Recession, a group of leading scholars draw from a unique study of nearly 5,000 economically and ethnically diverse families in twenty cities to analyze the effects of the Great Recession on parents and young children. By exploring the discrepancies in outcomes between these families—particularly between those headed by parents with college degrees and those without—this timely book shows how the most disadvantaged families have continued to suffer as a result of the Great Recession. Several contributors examine the recession’s impact on the economic well-being of families, including changes to income, poverty levels, and economic insecurity. Irwin Garfinkel and Natasha Pilkauskas find that in cities with high unemployment rates during the recession, incomes for families with a college-educated mother fell by only about 5 percent, whereas families without college degrees experienced income losses three to four times greater. Garfinkel and Pilkauskas also show that the number of non-college-educated families enrolled in federal safety net programs—including Medicaid, the Earned Income Tax Credit, and the Supplemental Nutrition Assistance Program (or food stamps)—grew rapidly in response to the Great Recession. Other researchers examine how parents’ physical and emotional health, relationship stability, and parenting behavior changed over the course of the recession. Janet Currie and Valentina Duque find that while mothers and fathers across all education groups experienced more health problems as a result of the downturn, health disparities by education widened. Daniel Schneider, Sara McLanahan and Kristin Harknett find decreases in marriage and cohabitation rates among less-educated families, and Ronald Mincy and Elia de la Cruz-Toledo show that as unemployment rates increased, nonresident fathers’ child support payments decreased. William Schneider, Jeanne Brooks-Gunn, and Jane Waldfogel show that fluctuations in unemployment rates negatively affected parenting quality and child well-being, particularly for families where the mother did not have a four-year college degree. Although the recession affected most Americans, Children of the Great Recession reveals how vulnerable parents and children paid a higher price. The research in this volume suggests that policies that boost college access and reinforce the safety net could help protect disadvantaged families in times of economic crisis.
Book Synopsis Brookings Papers on Economic Activity: Spring 2017 by : Janice Eberly
Download or read book Brookings Papers on Economic Activity: Spring 2017 written by Janice Eberly and published by Brookings Institution Press. This book was released on 2017-10-10 with total page 175 pages. Available in PDF, EPUB and Kindle. Book excerpt: Brookings Papers on Economic Activity (BPEA) provides academic and business economists, government officials, and members of the financial and business communities with timely research on current economic issues.
Book Synopsis An American Tragedy—"The Great Recession": by : John H. Hulett
Download or read book An American Tragedy—"The Great Recession": written by John H. Hulett and published by AuthorHouse. This book was released on 2011-03-30 with total page 131 pages. Available in PDF, EPUB and Kindle. Book excerpt: President Obama and the GOP closed out 2010 with a good deal for wealthy Americans; this truly is real money borrowed from the futures of generations to come. $858 Billion In Tax Cuts For The Wealthy $600 Billion Of U.S. Treasury Bills Recovery Aid 46.2 Million Americans Living In Poverty 9.1 Percent Unemployment In America, Higher In Some Areas 16.7 Percent Underemployment And Increasing In Major Cities 8.4 Million Jobs Lost Since The Recession Began And Rising $447 Billion "The American Jobs Act" Proposal 2011 The rich have everything they want except happiness, and the poor are sacrificed to the unhappiness of the rich. Thomas Merton For more information, visit www.eyesofmainstreet.com.
Book Synopsis Poverty in America by : John Iceland
Download or read book Poverty in America written by John Iceland and published by Univ of California Press. This book was released on 2003-10 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This volume is an excellent overview of the dimensions and sources of American poverty. John Iceland combines statistical data, theoretical arguments, and historical information in a book that is highly readable and will very likely become a standard reference for students of poverty."—William Julius Wilson, author of When Work Disappears "In just a few short pages, Iceland brings anyone--lay reader, student, professional researcher--up to speed on the major issues and debates about poverty in America. With succinct and engaging prose, Poverty in America covers the gamut--from theoretical issues to measurement to history to public policy--better than any other book out there right now."—Dalton Conley, author of Honky "Must reading on a tough and important topic. With some answers that may surprise, Iceland sorts out competing theories of why people are poor in the richest country in the world. His book should motivate every reader--policy maker, researcher, citizen-- to think hard about what it means to be poor today and how our society can best reduce the hardship and poverty still with us."—Constance F. Citro, National Research Council of the National Academies, Washington, D.C.
Book Synopsis The Great Recession and Poverty in Metropolitan America by : Elizabeth Kneebone
Download or read book The Great Recession and Poverty in Metropolitan America written by Elizabeth Kneebone and published by . This book was released on 2010 with total page 9 pages. Available in PDF, EPUB and Kindle. Book excerpt:
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