And speaking of the working poor, the Great European Austerity Bombing continues unabated, with precisely the results you would expect. Unemployment in the euro zone rose to yet another record high in the first two months of the year, official data showed Tuesday, providing confirmation that the economy remains in a deep freeze. The jobless …
Fuck The Poor
T-Bones and Cadillacs
I have a neighbor, let’s call him “Fred”, who is a mid-level corporate manager who just switched back to managing part-timers on a night shift. It’s probably the worst job his (mostly unionized) company offers, and it attracts workers who aren’t that well-educated, most of whom are working poor. Fred and I were having one …
Worked Over Something Awful
America, where pulling yourself up by the bootstraps is a bit difficult due to all the sharp bootstrap-cutting objects lying in your path. A Tupelo woman hired earlier this month by a KFC was fired Monday after the franchise owner discovered she’s homeless. Eunice Jasica has been staying at the Salvation Army lodge since early …
In the Wild
This slip inserted into a college financial aid office offer letter is the first evidence I’ve seen of the dreaded sequester. I know that many of you have already been affected, but as the common middle-class suburb dweller who doesn’t rely on federal contracts and hasn’t wanted to visit the White House, this warning that …
Open Thread: “The Credit-History Pariah Class”
Kudos to the NYTimes editorial board for this: Research has shown that someone with a poor credit history is not automatically a poor job prospect. Nevertheless, millions of Americans who have emerged from the recession with medical debts or a record of late payments are at risk of being denied jobs by companies that use …
Open Thread: “The Credit-History Pariah Class”Post + Comments (68)
Insane in the Membrane
John’s already written about the Cypriot bank bailout / bank customer hostage crisis, but check this out, from an interview with a economist Chris Pissarides, a Nobel Prize winner born and raised in Cyprus (via Atrios): Do you favor or oppose taxes on bank depositors? I am totally against it. First, deposits under 100,000 are insured. …
Serious People…
ETA: I notice that as I wrote this John has come up with more on Lindsay Graham’s ongoing star turn theater of the absurdly malicious. Must be a harmonic convergence or something… _______________ It’s getting sad, really, watching Senator Graham twist and turn as he tries to find some way of avoiding being Lugared next …