Broken bootstraps: Black and Latino Youth in Transition

by Michelle Chen on August 28 2009, 9:56PM

They started with nothing, worked tirelessly, saved every penny, pushed their kids hard in school and sent them straight into middle-class suburban bliss. American Dream realized. The end. New research from the Urban Institute paints a more complex picture…

Topics: Economy

Glenn Beck’s Attack On Van Jones: Fantasies & Falsehoods

by Guest Columnist on August 28 2009, 4:52PM

[Editor’s note: I’ve included Glenn Beck’s piece on Van Jones above, in case you’d like to hear a narrator say ‘green jobs’ in a scary voice. I kid, but seriously: while we might see these as the obvious falsehoods…

Topics: Economy, Media

30% Unemployment, Pre-Recession: Immigrant Communities Need Real Recovery [VIDEO]

by on August 26 2009, 1:29PM

Crossposted at Huffington Post. Last week, the world’s central bankers got together for a little strategy session in Colorado, and declared that the recovery is on its way. This is the way it works with recessions. They ravage the world,…

Topics: Economy, Immigration, Video & Multimedia

Transit Stagnates Along with the Economy

by Michelle Chen on August 18 2009, 10:06PM

As the recession leaves millions of households barely getting by, crumbling local transit systems have made it a challenge just to get out the door. Though the demand for public transit has soared amid the economic crisis, according to…

Topics: Economy, Environment

Banking on Poor Neighborhoods

by Michelle Chen on August 17 2009, 10:18PM

Given the banking industry’s growing reputation for bilking, cheating, and otherwise betraying naive borrowers, it’s not surprising that a new bank account can be a tough sell in poor urban communities of color. So how should banks get the…

Topics: Economy

Schwarzenegger’s Blockbuster Budget Cuts Terminate the Safety Net [VIDEO]

by Channing Kennedy on August 13 2009, 9:37AM

When financial crisis hit, the California legislature didn’t raise taxes, end tax giveaways, or cut corporate welfare. Instead, they cut services to the people made most vulnerable by the recession — children, the elderly, the sick, victims of domestic…

Topics: Economy, Politics, Schools & Youth, Video & Multimedia

More on Unemployment: Discouraging News

by Michelle Chen on August 7 2009, 7:50PM

As Jonathan Yee notes in his analysis of the latest employment figures, the kind-of-less bad jobless numbers are shadowed by record rates of long-term unemployment. Those who have been out of work for 27 weeks or more has reached…

Topics: Economy

A Chance to Rework Welfare-to-work

by Michelle Chen on July 31 2009, 11:05PM

A few months ago, we looked at the recession as a potential wake-up call for the political forces that brought us welfare reform during the Clinton Era. Now that epidemic levels of joblessness and homelessness are creeping into the…

Topics: Economy, Politics

NY Raises Minimum Wage $0.10, We Do the Math

by Guest Columnist on July 31 2009, 9:59AM

photo credit: Majeed Babar, c/o New York Community Media Alliance By Miriam Leshin On Monday, ethnic and community news media representatives gathered for a press conference on the recent 10-cent increase in the New York state minimum wage and…

Topics: Economy

Gov. Schwarzenegger Cut 100% of Domestic Violence Funding and What Californians Can Do About It

by Jorge Rivas on July 31 2009, 8:37AM

Earlier this week, California Governor Arnold Schwarzenegger, signed a budget plan sent to him by legislators to close the state’s deficit, but only after he used his line-item veto power to slash an additional $500 million in cuts. According…

Topics: Economy, Health

A Deeper Dive

by Adrienne Maree Brown on July 14 2009, 7:37AM

We’ve all heard about the incident at the Philly pool. Color of Change put out a great incident report in case you missed it. The incident is a classic whites-only racism incident, and it’s reminded me that as responsible racial…

Topics: Economy

The moral equation of budget cuts

by Michelle Chen on July 10 2009, 8:18PM

Here we go again. California may soon seek to balance the budget on the backs of immigrant families. The LA Times reports that Governor Schwarzenegger has proposed imposing a five-year limit on state welfare support for citizen children of…

Topics: Economy, Immigration

Reorienting the stimulus

by Michelle Chen on July 10 2009, 3:01PM

The pushback against another stimulus package is in full force, with conservatives arguing that the “failure” of the first stimulus proves that another fiscal boost would be a mistake. Let us turn to the annals of wonkdom to establish…

Topics: Economy, Race and Recession

No Water, No Jobs

by Leticia Miranda on July 8 2009, 1:05PM

Although I’m a little reluctant to admit it sometimes, I’m from Fresno, CA. But when my girlfriend and I got lost driving back to our Oakland homes from Los Angeles this last weekend, my loyalty to the Central Valley…

Topics: Economy

The Recovery Act Fights Reagan’s Job Training Agenda

by Guest Columnist on July 6 2009, 2:02PM

by Jonathan Yee Need a job? Well, the National Recovery Act has created a great deal of excitement for green jobs and their potential to save the environment and create jobs for low income communities; for example, Oakland’s Green Jobs…

Topics: Economy

Stimulating equity

by Michelle Chen on June 25 2009, 4:22PM

As the recession rolls on, the federal stimulus package seems more and more like just a drop in the bucket, but even those limited resources are trickling down to an unlevel playing field. The National Black Chamber of Commerce…

Topics: Economy, Politics

Moving on down

by Michelle Chen on June 22 2009, 9:18PM

Are you better off than you were four years ago? How about thirty? For all the political wrangling around the 21st century economy, the promise of the digital age, a new era of global competitiveness… Americans are basically going…

Topics: Economy

A piece of the green pie

by Michelle Chen on June 12 2009, 8:41PM

Green jobs are seen as a vehicle for the climate justice agenda, bringing together economic and environmental advancement. But will the green industries deliver on the lofty promises activists have envisioned? According to a study by Pew Charitable Trusts,…

Topics: Economy, Environment

Follow the money

by Michelle Chen on June 2 2009, 4:17PM

The White House is rolling out a fresh round of New Market Tax Credits as part of the American Recovery and Reinvestment Act. The program is designed to basically sweeten the pot for investors so they will finance development…

Topics: Economy

Greening the recession

by Michelle Chen on May 19 2009, 9:10PM

Underneath the headlines trumpeting signs of “recovery” are sobering figures on the bottom rungs of the economy. The Economic Policy Institute projects calculates that high rates of joblessness have resulted in a 7.8 million deficit in payroll employment. Between…

Topics: Economy, Environment