In 2014, the average household income of the top five percent of earners was 52 times that of the bottom fifth.
Posts Tagged ‘poverty’
"Who's benefitting from this influx of wealth?"
“When we focus wrongly on young people, it distracts us from real solutions to crime.”
Following up on the study about kids living in concentrated poverty, Elahe Izadi wonders if living in neighborhoods with concentrated wealth is any better for poor kids—especially considering 1 in 3 District children lives in poverty:
One way children could benefit from having wealthier neighbors is through an increasing tax base — if more affluent people [...]
There's been some touting of a recent Annie E. Casey Foundation report that the number of children in D.C. living in concentrated poverty—neighborhoods where 30 percent of residents live below the poverty line—has decreased to 33,000. The Examiner notes: "The number is an 11 percent drop from the 37,000 children counted in 2000, while the national [...]
WAMU's DCentric points to a recent study that shows when poor people are given housing subsidies to move to a middle class neighborhood, they're 5 percent less likely to be obese than if they hadn't moved, or had been given housing subsidies, but remained in a poor neighborhood.
Elahe Izadi concludes:
Even if a neighborhood has plenty [...]
According to the D.C. Fiscal Policy Institute, the new census data shows some serious, entrenched poverty in the District. The numbers are brutal—especially for those living in Ward 7 and Ward 8. More than one in four children in D.C. are living in poverty, the data shows. The poverty rate among children rose from roughly [...]
I guess I didn't get the memo.
Apparently, this is not the time to ask Councilmember Marion Barry or his staff about Sharon Bowen. Barry paid Bowen $50,000 to work on poverty issues in 2007 and 2008. Bowen was another Barry girlfriend.
Why not today? HBO is premiering a documentary on Barry's life. It's either that or [...]
In reporting out our story on Sharon Bowen, a woman linked professionally and personally to Ward 8 Councilmember Marion Barry, it was difficult to figure out what she exactly did for the residents of the District.
Between spring 2007 and spring 2008, Barry had awarded her $50,000 in taxpayer-funded contracts. From our sources, we kept hearing [...]
Contrary to predictions made in this space recently, last night's BCS championship game telecast on Fox-5 was NOT overrun with commercials for CashPoint.
That's a locally-based financial outfit that hands out quick cash loans — with no credit check — to any sad sack who turns over a car's title and a spare key.
I missed most [...]
The season's final BCS game comes with Thursday's Florida/Oklahoma matchup.
If past is prologue, those viewing the alleged national championship game on the local Fox affiliate better be prepared for a barrage of wonderfully underproduced and low-aiming commercials for an outfit called CashPoint.
That's a Virginia financial firm that gives equity loans to car owners.
The best/worst of [...]
Earlier this week, the New York Times published a fascinating piece about a California couple who tried to live for a month on a $1-a-day food budget. Their mission was certifiably insane, but their motivation was noble. After all, as reporter Tara Parker-Pope noted, "The World Bank says nearly a billion people around the world [...]