Missoula With the truck brought to the curb with transmission problems, I found myself in this small, university-based town for the weekend. Looking for a guy who knew mechanics, I walked through a Saturday farmers’ market near the river that was jumping with young families and children with strollers abounding and smartphones crushed to their …
Tag: recession
Citizen Wealth Still Reeling from Recession Unless You Are Rich
New Orleans Looking at the soaring stock market and the touts’ claims of an improving housing market and corporate profitability, I would have hoped that what I call “citizen wealth” or the average family’s overall income security would have also come back strong. So far, not so much. A big part of the problem …
Changes in Eligibility Standards Made Food Stamps a Winner in Recession
Dallas There was some good news for citizen wealth during the recession and it can be found in the increased utilization of the food stamp program, which is now called SNAP standing for Supplemental Nutrition Assistance Program. The raw numbers tell the story. On the eve of the recession in 2007, the government was spending …