Economic casualties: with the safety net shredded, how far will working families fall?
American Prospect, The, December, 2001 by Lazere, Ed
FOR THE FIRST TIME IN A DECADE, OUR ECONOMY IS in recession. It's not official yet--the group that dates recessions doesn't act until after the fact--but there's little doubt that we're in the midst of a downturn. The tragedy of September 11 didn't sink the economy; it was already listing badly. But the terrorist attacks will undoubtedly extend its length and depth.
Low-income working families have always been the least insulated from market forces. When the economy sneezes, they get pneumonia. It's been a while since we've had to think about how to help these families get ...
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