Monday, August 18, 2014
Dollar Tree and Family Dollar to Merge -- But Will This Lead To Higher Prices For Low Income Shoppers?
Low-income American shoppers are concerned that bigger may not be better. The recent announcement that Dollar Tree is acquiring Family Dollar raises concerns that the merger might jeopardize what they have counted on for deep deal shopping. They are worried that the merger will not only create America's leading discount retailer but also create a different pricing structure or even closing stores.
Wednesday, August 13, 2014
Most homeless people are treated with disregard and often with disdain. People who pass by them think the homeless are lazy, not interested in working, and just looking for handouts. But the face of the homeless has changed. The homeless now includes many people who once owned their own home, had jobs and lived normal and productive lives.
Saturday, August 9, 2014
The Centers for Disease Control recommends that teens get about 9-10 hours of sleep every night. Many teens do not get enough sleep, which may come as no surprise. But a recent survey did uncover information that may surprise people, showing that low-income teens are particularly vulnerable to a lack of sufficient sleep each night.
Wednesday, August 6, 2014
More Than 1 Million Families Have STOPPED Using EBT (Food Stamps) Since Last Year -- But Is the Economy REALLY Improving?
The Supplemental Nutrition Assistance Program (SNAP) is the U.S. government program that supplies nutrition assistance to millions of eligible, low-income individuals and families through what is commonly known as food stamps. This program is administered through the U.S. Department of Agriculture Food and Nutrition Service department. According to Bloomberg, the amount of people using the program is showing a modest decline. But is their analysis correct?
Monday, August 4, 2014
Is you want an opinion on whether or not the recession is over, you are bound to get different answers, depending on who you ask and in what state they reside. Why? Unemployment is a major consideration in the health of the economy, and there are 5 states where the unemployment rate was below the national rate of 4 percent, as reported in the month of June.
States where the unemployment rate is below 4 percent...
Wednesday, July 30, 2014
More Than 1 Million U.S. Students Are Attending Unproductive Schools -- Children Are Being Left Behind!
Sunday, July 27, 2014
5 Reasons Why Low Income Americans Should Be Allowed to Opt Out of Social Security -- But Are These Good Reasons?
Columnist Star Parker of The Washington Examiner recently wrote a thought-provoking article on why the government should let low-income Americans opt out of Social Security. She makes many points to support her proposal, but is she right in her analysis?
Tuesday, July 22, 2014
The relation between wages and worker productivity is a key factor in determining where our economy stands. Although there are many other factors that affect the economy, such as housing, stocks, gas prices, and the unemployment rate, wages put money in the pockets of Americans and determines what their standard of living is.
Monday, July 21, 2014
Brad Pitt is not only a seasoned, and very popular, actor, but he is also a philanthropist. His non-profit organization, Make It Right, is responsible for building over 100 safe and energy-efficient homes in the areas of New Orleans hit hardest by Hurricane Katrina. Now Brad is turning his attention to poor Native Americans in Montana.
Wednesday, July 16, 2014
Whites (Not Blacks) Represent The Largest Group of People Moving to Low Income Areas -- and Other Little Known Facts
One in four Americans now live in poverty areas, according to the U.S. Census Bureau. The number of people who have been forced to move to poverty areas has greatly increased in the past 14 years. Why?
What's behind the increase in poverty?
The housing crash, loss of jobs and the country's financial crises has left many with no alternative but to move into poverty areas. Many people have lost their homes and now find themselves in a situation where they need to live where they can afford. This often means either moving where housing prices are low, or turning to subsidized housing and low-rent apartments, which often places them in poverty areas.