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Thomas Minney

Poverty Is Poison - New York Times - 0 views

  • many children growing up in very poor families with low social status experience unhealthy levels of stress hormones, which impair their neural development
  • That’s not surprising. Growing up in poverty puts you at a disadvantage at every step. I’d bracket those new studies on brain development in early childhood with a study from the National Center for Education Statistics, which tracked a group of students who were in eighth grade in 1988. The study found, roughly speaking, that in modern America parental status trumps ability: students who did very well on a standardized test but came from low-status families were slightly less likely to get through college than students who tested poorly but had well-off parents.None of this is inevitable. Poverty rates are much lower in most European countries than i
  • came into office in 1997 made reducing poverty a priority — and despite some setbacks, its program of income subsidies and other aid has achieved a great deal. Child poverty, in particular, has been cut in half by the measure that corresponds most closely to the U.S. definition. At the moment it’s hard to imagine anything comparable happening in this country. To their credit — and to the credit of John Edwards, who goaded them
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  • dest in scope and far from central to their campaigns.I’m not blaming them for that; if a progressive wins this election, it will be by promising to ease the anxiety of the middle class rather than aiding the poor. And for a variety of reasons, health care, not poverty, should be the first priority of a Democratic administration.
  • he nation turns back to the task it abandoned — that of ending the poverty that still poisons so many American lives.
  • the alleged abuses of welfare queens driving Cadillacs, and the fight against poverty was largely abandoned.In 2006, 17.4 percent of children in America lived below the poverty line, substantially more than in 1969. And even this measure probably unders
  • as always been a form of exile, of being cut off from the larger society. But the distance between the poor and the rest of us is much greater than it was 40 years ago, because most American incomes have risen in real terms while the official poverty line has not. To be poor in America today, even more than in the past, is to be an outcast in your own country. And that, the neuroscientists tell us, is what poisons a child’s brain.
  • failure to make progress in reducing poverty, especially among children, should provoke a lot of soul-searching. Unfortunately, what it often seems to
  • Some of these excuses take the form of assertions that America’s poor really aren’t all that poor — a claim that always has me wondering whether those making it watched an
  • eativity in making excuses.
  • an city. Mainly, however, excuses for poverty involve the assertion that the United States is a land of opportunity, a place where people can start out poor, work hard and become rich.But the fact of the matter is that Horatio Al
  • dren growing up in very poor families with low social status experience unhealthy levels
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    The effect of poverty on children and families, and it's multiple and long term consequences.
Thomas Minney

FT.com / Comment / Op-Ed Columnists - China can no longer plead poverty - 0 views

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    China is no longer poor.
Duncan Innes

Takeaways face £1,000 fat tax to help battle against obesity - mirror.co.uk - 0 views

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    Fat Tax - A good way of encouraging healthy eating - or a tax on the poor?
Thanvi Hoque

BBC NEWS | Science/Nature | World poverty fight 'in danger' - 0 views

  • the UNDP says poverty is not inevitable. In the last 30 years, life expectancy in poor countries has risen by eight years, and illiteracy has been halved.
  • countries have recently begun to get poorer.
  • African countries will not vanquish poverty until 2165,
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  • MDGs, agreed by the UN in 2000, aim to halve world poverty by 2015.
  • "only if poor countries pursue wide-ranging
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    Criticism of UN, trying to eradicate poverty.
Duncan Innes

Tax Research UK » Why VAT is regressive - 0 views

  • First, the poor must have savings, and as I show, they don’t. Second, they must have access to borrowing, and as I show, they don’t (except for doorstep lenders). Third, the consumption patterns of the rich must be the same as the poor, and they’re not. In fact, the consumption patterns of the rich (for school frees, private health, leisure travel, second homes and financial services products) are all VAT free, unlike the consumption patterns of the poorest.
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    Interesting article highlighting why VAT is regressive.
Duncan Innes

Worlds apart - the neighbourhoods that sum up a divided America | World news | The Obse... - 0 views

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    America has the same Gini Co-efficient as Rwanda. Analysis of New York and US's disparity between rich and poor 
Duncan Innes

FT.com / Asia-Pacific - Bangladesh caps microfinance rates at 27% - 1 views

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    With no rural banks - a welcome cap of 27% has been put on Microfinance. Will it be enforced - is 27% still too much and will the poor remain in a circle of debt trap?
Matty Leppard

The Nouveau Poor: Recession Shadows America's Middle Class - SPIEGEL ONLINE - News - In... - 0 views

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    An article describing How America citizens, espically the middle class, have been forced into poverty.
Duncan Innes

Inequality: Unbottled Gini | The Economist - 0 views

  • Mr Strauss-Kahn then bemoaned “a large and growing chasm between rich and poor—especially within countries”. He argued that inequitable distribution of wealth could “wear down the social fabric”. He added: “More unequal countries have worse social indicators, a poorer human-development record, and higher degrees of economic insecurity and anxiety.”
  • The income of the wealthiest 20% of Americans rose 14% during the 1970s, when the income of the poorest fifth rose 9%. In the 1990s the income of the richest fifth rose 27% while that of the poorest fifth went up only 10%.
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    Does inequality matter? An examination of cause and effect of income inequality.
Duncan Innes

UNCTAD.ORG >> 02 May 11 - UNCTAD Report Calls for a Shift in Foreign Investment Towards... - 1 views

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    How can FDI be a better force for economic growth in LDC's Private Public partnerships in infrastructure, or 
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