By Julianne Malveaux – In the weeks since the “shellacking” of the November 2 election, there has been much talk that the economy will turn around and, indeed, is on the mend. The indicators are better, both pundits and experts have been saying. The recession is over, according to these indicators, and it is unlikely […]
Legislative Stalemate Sparks Monetary Action
by Julianne Malveaux – While some economists insist that the recession is over and the US economy is on the mend, you come to that conclusion by looking at the labor market. The 9.6 percent unemployment rate reported for the month of September translates into 17.1 percent when those who have dropped out of the […]
DETROIT-America’s Ground Zero
By Julianne Malveaux – Only one in four young black men graduates from high school in Detroit. The rest are lost and left out, swallowed by a city where urban blight, industrial desertion, and educational failure define daily life. Detroit is ground zero, exemplifying the absolute worst of urban life. It had a passionate champion […]