(639) Deflation

Flat_tireSometimes, we secretly wish we were accountants, high end ones that could work the big numbers, unpack money like it was no more than a cheap suitcase in a Vegas motel room.  Then we could come up with magic articles like this one from Medium:

Breaking down without a spare: America’s lopsided welfare system of counterproductive public assistance

image: Frenkieb via Wikimedia Commons

 

(637) Divide


2skid rowA new report
looks at where three emerging classes stand in twelve city regions half a decade after the big crash.  A much reduced number of blue collar workers, the so-called creative class and service sector employees all need to get along and get around.  When they step out their doors in the morning they are finding different things.  Inequality dictates much of what they will encounter.  This divide is seen in place of residence and mode of transportation and will have a determining effect on economics and politics and the manner of living of tens of millions.  The report comes from Richard Florida and the Toronto-based Martin Prosperity Institute.  It’s focus is American but the trends identified are applicable in the Greater Toronto Area.  It will be an amazing and powerful story to see which places get this right and a horror to see the ones that do not.  The author asks us to take a more complex view of cities and suburbs and their needs going forward.

The Divided City. Just as they’ve started to revitalize—attracting industry, investment and people—our cities are threatened by new and more vexing divides

image: Stephen Zeigler via Wikimedia Commons

(626) Stagnant incomes

-Wash_your_hands_before_touching_your_eyes-_-_NARA_-_516048Here’s ready-to-use ammunition for your next firefight with a neoconservative.  So much for recovery: incomes in Canada and the United States are not going anywhere.

image: District of Columbia Society for the Prevention of Blindness poster via NARA/Wikimedia Commons

(610) GTA child poverty

Emoticon Face Frown GEA report released this week had us cringing.  Why?  Because across Toronto about thirty to forty percent of children live in poverty.

Toronto child poverty rate at ‘epidemic’ levels. Toronto activists call on city mayoral candidates to address Toronto’s “epidemic” child poverty rate which is the highest in Canada, tied with Saint John, NB
thestar.com

image: Granny Enchanted via Wikimedia Commons