LA Times: The New Deal

[Technowitch]

From the LA Times:
"Los Angeles Times reporter Peter G. Gosselin has spent the last year examining an American paradox: Why so many families report being financially less secure even as the nation has grown more prosperous. The answer lies in a quarter-century-long shift of economic risks from the broad shoulders of business and government to the backs of working families. Safety nets that once protected Americans from economic turbulence — safeguards like unemployment compensation and employer loyalty — have eroded or vanished. Familes are more vulnerable to sudden shifts in the economy than any time since the Great Depression. The result is a daunting "New Deal" for many working Americans — one that compels them to cope, largely on their own, with financial forces far beyond their control."

All three parts of this really terrific article are available http://www.latimes.com/business/specials/la-newdeal-cover.special">here (NO subscription required)

PART 1: If America Is Richer, Why Are Its Families So Much Less Secure?

PART 2: The Poor Have More Things Today -- Including Wild Income Swings

PART 3: How Just a Handful of Setbacks Sent the Ryans Tumbling Out of Prosperity

[hedda_foil]

1. Fix your link please.

You have a double http:// in the code.

[Extend a Hand]

2. Great series!

People like the shrub really don't understand how most people live.

[Enquiringkitty]

3. About half of the homeless in my state are the working poor.

Two families were interviewed and one of the men had been laid off 4 times in 2004 and had to take temp jobs in between jobs. Families can't live like that. Now they say that they have to keep moving around because social services want to take their kids away. Most of the working people I know here are living pay check to pay check. Wouldn't take much!

[Technowitch]

4. Fixed link

Sorry, I'm new to this.

Link here.

[slor]

5. Thanks! n/t