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Poverty spreading in suburbs: study
Democratic Underground Latest Breaking News — ... on concentrated poverty at the Fed. It shied away from explaining the causes of poverty, but past research have linked the phenomenon to loss of jobs in manufacturing, agriculture and mining. With the U.S. economic outlook rapidly deteriorating, poverty could get worse. The U.S. housing market collapse has unleashed the worst financial crisis since the Great Depression, forcing business to scale back on investments and driving the unemployment rate to a 14-year high. Read more: http://www.reuters.com/article/domesticNews/idUSTRE4AR6... the BFEE's legacy grows ever larger

Spreading the Poverty
Suburban Guerrilla — Remember when it used to be about spreading the wealth? WASHINGTON (Reuters) - Poverty in the United States is spreading from rural and inner-city areas to the suburbs, according to a study, a situation that can worsen as the economy confronts what may be a protracted recession. [...] “Poverty is spreading and may be re-clustering in suburbs, where a majority of America’s metropolitan poor now live.” The study was released ahead of next week’s conference on concentrated poverty at the Fed. It shied away ...

Your Children Will Kill You
All articles at Blogcritics — ... to repair the economic damage done by the maladministration of George W. Bush, but the other outcome isn't out of the picture. Poverty is growing in suburbia , adding these formerly affluent areas to the traditional lower income rural and inner-city areas. This doesn't leave much of the nation unaffected by the economic crisis. Bruce Katz, a director of the conservative Brookings Institution's Metropolitan Policy Program, observed recently, "Poverty is spreading and may be re-clustering in suburbs, where a majority of America's metropolitan poor now live." The effects of ...

Elizabeth Rigby: Obama: 1 (month), Poverty: 0 (mentions)
Politics on HuffingtonPost.com — ... reports record-setting Food Stamp rolls of more than 30 million Americans. A joint study by the Federal Reserve and the Brookings Institution documents the spreading of poverty into the suburbs where new pockets of concentrated poverty are clustering. And finally - this week - we received an official ...

Let’s Hear It For America’s Suitehearts…
Firedoglake — ... because folks stop buying their products out of fear of bankruptcy making them obsolete. The Fed is set to reduce interest rates again today, edging ever closer to zero, and reducing the remedies in their econ kit bag in the process. It may make Wall Street temporarily giddy, but what does it do for the rest of us? Let's ask the homeless, whose numbers have increased substantially in the last year alone (PDF). Or folks in the suburbs, where poverty is increasing. Or the increased costs to us all of child poverty. Or ...