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Economic casualties: with the safety net shredded, how far will working families fall?

American Prospect, The,  December, 2001  by Lazere, Ed

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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.

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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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