(135) Television documentary this Sunday

Readers with access to American network NBC may like to set aside some time tomorrow night for a special episode of the program Dateline called America Now: Lost in the Suburbs.  Newsguy Lester Holt looks into long term unemployment, food banks and the recent confirmation (Federal Reserve Bulletin for June 2012) that something like 40% of the wealth of the US middle class has simply evaporated.  Even if a lot of that wealth was in the form of bubble money and attached to specualtive real estate in a Ponzi economy this must surely represent permanent demographic change, a permanent state of damage. What a spectacle it is, to see “ordinary” middle class American families go from employment and reasonable fulfilment of their ambitions to poverty. 2008 was a long time ago for some of the people interviewed.  Holt focussed on Boulder, Colorado, a community where the majority of people thought things were really quite good, that they were getting a deal as square as their state.  Now it’s all about food banks and scraping by after your savings and unemployment insurance have run out.   

Boulder County families, agencies will be featured on ‘Dateline NBC’ special TimesCall.com

MSNBC slide show derived from Lost in the Suburbs

Great recession Fallout Huffington Post