The communities were these jobs were lost have been devastated. Families’ lively hoods have been broken, retirement pensions are questionable, and the revenue this company generates for the city in which it resides. According to CNNMoney.com the company has asked for an extension for the liquidation of their inventory until March 31 and they are only waiting for the courts approval. If this does not succeed stakeholders, stockholders, investors, and suppliers would be affected alike. Ethically I found it hard to believe that this happening in the United States and that our economies have become so terrible that the Circuit City’s in Canada are not closing and their profits are up.
Canadian Poverty and Equal Distribution Angela Hormaza BA – Section F Economics October 14, 2011 Poverty can affect all age groups. Poverty is the state of lacking resources that provide people with basic necessities, or that force people to go without certain needed things like three meals a day or shelter. Yet it should be understood that people can still have some of these things, like a roof over their heads, and not enough of other things, like food or money to seek proper medical treatment. When we think about poverty, we automatically think of third world countries, such as Africa, Colombia and Cuba, within many others. But the sad truth is that many Canadians struggle with poverty every day.
While Eighner and Ehrenreich are both well educated, their experiences with poverty, finding food and where they live are vastly different. Two people of high intelligence see poverty in very different ways. Eighner is a published writer; however, he lived on the streets as “dumpster diver.” He viewed poverty not as living on the streets and eating out of dumpsters. He saw poverty as mankind wasting so easily and taking things for granted. Ehrenreich is also a published writer; however her view on poverty is living in a crowded apartment or in car.
Youth Unemployment a Growing Crisis in Great Britain For the majority of youths in today’s society the recession has caused them some form of distress in one way or another. It has also blighted their contribution to the economy in all aspects of development. Some of them have even turned to crime and violence in search of comfort and satisfaction. Unemployment of youths is just one of the negative impacts the recession has had on our youths. Youth unemployment has been a problem in the United Kingdom (UK) for more than two decades.
Many believe that the budget cuts had the biggest impact on proletarian families due to the fact that they would suffer as they had not the money to pay substantial amounts for things that, due to the cuts, increased in price. However, others believe that it was other factors that caused the outbreak of riots such as technology, a lack of education in the hooligans who did riot and some even believe that the rioters are simply bad people. The government have been blamed several times for the outbreak of the riots in London. There are many reasons for this and one is the very cornerstone of the outbreak – the death of Mark Duggan. On Thursday 4th August, Duggan was killed by the Metropolitan police force.
The minimum wage that welfare reform was expecting people to live off of was in fact not enough to even support the buying of food. In Working poor, working hard Katherine Newman expounds on the fact that welfare benefits are cut off at low levels and unavailable to those that earn minimum wage and work a forty-hour week. Newman also states that only a “combination of the two income streams [welfare and a job] make it possible to manage…life.” (Newman) These two sources only emphasize the already established fact that welfare reform must be reformed
Extreme poverty, according to Sachs, is defined as the inability to acquire the essentials for survival. This includes food, shelter and potable drinking water. Those who endure moderate poverty are just meeting the requirements for physical survival. Poverty in America assumes the character of “relative” poverty, in which those who earn below the national average income struggle to acquire quality housing, quality food and quality education (Sachs, 20). Though the immediate consequences of poverty in America may not be as severe as in other parts of the world, poverty in America still has a negative effect on millions and poses an extremely serious issue for legislators, administrators and other concerned Americans.
Homeless people are filling the streets mostly because there are not many job opportunities being created. Our country needs more jobs in order to begin this so called, "Change." The next subject I will talk about is the environment. Let's just say that it's not the best. All of the factories out there are producing a lot of pollution.
This revitalization project was designed to create a form of social development plan and promote inclusion and address transitional issues in the Regent Park community (Toronto Community Housing, 2007). Regent Park is characterized by a high rate of poverty, unemployment, and a diaspora city (Statistics Canada, 2006). As a result, it experiences a higher level of violence, drug abuse, and social ills compared to other cities in Toronto. People outside of the Regent Park area fail to identify with and commit to this area which has created much under awareness and unwillingness to invest in this community. Even individuals that live in this area see the community as a “transitional community” (Statistics Canada, 2006).
Poverty One main cause of poverty is overpopulation. Actually, overpopulation is not a bad thing, only if they’re all contributing to their society. But due to lack of opportunities, lack of skills and lack of education, people are being a burden to its society. Thus, poverty rises. Inequality does exist.