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Contents contributed and discussions participated by Thomas Minney

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Thomas Minney

Ripple Effect Moves North: The Euro Zone Is Headed for a Bumpy Ride - SPIEGEL ONLINE - ... - 0 views

www.spiegel.de/...0,1518,570579,00.html

eurozone euro EU effect economics currency

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  • The Italian economy is expected to increase a mere 1 percent this year, and Portugal should post a 1.2 percent rise in GDP for 2008
  • Thomas Minney on 16 Dec 10
     
    Bad signs for the Euro?
Thomas Minney

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

www.ft.com/...6a-11df-99a3-00144feabdc0.html

china poverty poor ft

shared by Thomas Minney on 16 Dec 10 - No Cached
  • Thomas Minney on 16 Dec 10
     
    China is no longer poor.
Thomas Minney

Poverty Is Poison - New York Times - 0 views

www.nytimes.com/...18krugman.html

poverty africa new york times

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  • 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
  • Thomas Minney on 16 Dec 10
     
    The effect of poverty on children and families, and it's multiple and long term consequences.
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