There was nicely researched op-ed piece in The New York Times yesterday about the devastating, but often overlooked, impact of the current recession on those who were already poor.
You can check out the entire op-ed, which is the first of a series, here. It was written by Barbara Ehrenreich, author, of “This Land Is Their Land: Reports From a Divided Nation.”
Provided below is an excerpt that summarizes Ehrenreich’s conclusion:
“The recession of the ’80s transformed the working class into the working poor, as manufacturing jobs fled to the third world, forcing American workers into the low-paying service and retail sector. The current recession is knocking the working poor down another notch — from low-wage employment and inadequate housing toward erratic employment and no housing at all. Comfortable people have long imagined that American poverty is far more luxurious than the third world variety, but the difference is rapidly narrowing.”