Inequality and Redistribution during the Great Recession - Economic Policy Papers - Publications & Papers | The Federal Reserve Bank of Minneapolis

[le...@communityfinancialresources.net]

Honor Labor:

Link to Minnie Fed article: http://www.minneapolisfed.org/publications_papers/pub_display.cfm?id=4819

Check out the language below, from the 24/7 Wall St. journalist who wrote about the Fed study.

The language is demeaning to labor while portraying poverty alleviation as hopeless.  The proposed solution: If only the poor could move… 

When CFR attended a Marin Community Foundation conference on poverty in Marin County, one of the authors of the report commented that we do not need the return of "blue-collar" type industry jobs if we were to recognize the value of domestic service work in all its varieties from teachers, janitors, nannies and housecleaners, retail, etc.

--LJS--

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from: http://247wallst.com/2012/02/22/for-the-bottom-20-life-gets-worse/ Douglas A. McIntyre

…"The bottom 20%, the research appears to show, will remain at a bottom, which continues to be drop.

 

No one has offered a policy that is anywhere near iron clad to help the middle class regain its purchasing power. The same can be said of the poorest Americans. Most live in circumstances that are extremely hard to alter. Demographic data show that they tend to live in inner cities or in the poorest rural areas, where most of the work is menial and low paid. There is no way to import better work to people in those areas, and they do not have the means to move to areas where higher paying jobs exist. If they could, they would find themselves undertrained, in many cases. The size of the problem is colossal, and it is one of a large handful of problems that the federal government is rushing to solve as tax receipts falter and spending continues to rise.

 

The 20% that the Minneapolis Fed describes have lost what little “wealth” they had as the economy turned down, and there are no means imaginable to change that….

 

[Aimee Chitayat]

The Federal Reserve conference videos from the February 29^th’s Healthy Communities conference, which the Health Wealth Collaborative helped organized, are available online. 

 

Here are the general panels:

 

http://www.livestream.com/frbsf/folder

 

You can see the panel that features many of our member organizations at these two links:

 

http://www.livestream.com/frbsf/video?clipId=pla_8e835581-0ef4-4f84-8d33-8796e5dda9dd&utm_source=lslibrary&utm_medium=ui-thumb

 

For the link above, skip ahead for 4 minutes 45 seconds (there is dead time on the video until then).  There is also a short additional video segment here:

 

http://www.livestream.com/frbsf/video?clipId=pla_4ca75bfc-6b9a-40dd-8866-867737b29d39&utm_source=lslibrary&utm_medium=ui-thumb

 

Great job in helping organize the conference!

 

Thanks,

 

Aimee

 

 

Aimee Chitayat, Program Director

Insight Center for Community Economic Development (formerly NEDLC)

2201 Broadway, Suite 815

Oakland, CA  94612

Phone:  510-251-2600 x133

achi...@insightcced.org

Visit our website: www.insightcced.org

 

 

Helping people and communities become, and remain, economically secure

[Padmini Parthasarathy]

Thanks, Aimee!  I'm looking forward to seeing these, since I missed the meeting.

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From: Aimee Chitayat <AChi...@insightcced.org>
To: healthwea...@googlegroups.com
Sent: Tuesday, March 20, 2012 5:14 PM
Subject: Fed Reserve Conference