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Posts Tagged ‘poverty’

World hunger threat Shown By Arab Protests:Economist

February 13, 2011 Comments off

DAKAR: Uprisings across the Arab world are just a foretaste of the instability facing other poor states unless a global food crisis is tackled, leading development economist Jeffrey Sachs said on Saturday.

Popular anger at rising food prices has been an explosive ingredient in the mix of grievances that triggered the fall of leaders in Egypt and Tunisia, and is now putting the heat on authorities in Algeria and Jordan.

Sachs, a long-time adviser of governments and world agencies on the fight against poverty, said the root causes applied right across an already unstable belt of states stretching from Iraq through the Sahara to the shores of Read more…

Thousands protest in Jordan for third week

February 1, 2011 Comments off

Suha Philip Ma’ayeh

AMMAN // For the third consecutive on Friday, Jordanians poured into the streets after noon prayers to protest against soaring prices and call for a change in government.

The Islamist led opposition, professional associations and leftist activists marched yesterday from Al Huesseini Mosque to the capital’s center. They held banners that read “Corruption and normalisation are two faces of the same coin,” called for a “national unity government” and called for the prime minister Samir Rifai to step down.

Police estimated 3,500 people took part in the protest, one of several demonstrations held this month despite two recent government aid packages to mitigate the impact of soaring prices. The measures included a 20-dinar (Dh100) monthly salary increase for state workers and in pension, while the previous aid package increased subsidies for some commodities, including fuel and food staples such as rice and sugar.

Another 2,500 people also took to the streets in six other cities across the country after the noon prayers yesterday. Those protests also called for Mr Rifai’s ouster. Read more…

Falling off the American Dream treadmill – Real median U.S. household income falls under $50,000. Poverty rate has grown exponentially since 2000, during the housing bubble.

January 30, 2011 Comments off

The U.S. Census Bureau recently released troubling data on the status of American families.  The first disturbing point was that 43.6 million Americans now fall under the poverty category.  This works out to 1 out of 7 Americans.  The growth has come from many people falling off the middle class treadmill.  While the echoes of recovery blast through Wall Street the grim reality for most people is that there is a greater and greater divide occurring.  The top 1 percent still has significant control over financial resources and wealth disparity is as high as it was during the 1920s.  While many American families wait in lines outside of Wal-Marts so their food assistance debit cards refill to buy food, those calling a recovery are usually those who have been protected via bailouts since the recession started.

The data on poverty is grim and disturbing:

poverty rate chart

Source:  Census

This data takes into full account the deeper blow of the recession.  The supposed recovery is nowhere Read more…