How the Wall Street Crash Continues to Stall Economic Recovery
Posted by on June 10, 2013
Wasted Wealth: How the Wall Street Crash Continues to Stall Economic Recovery and Deepen Racial Inequity in America
Foreclosures resulted in a loss of $200 billion in household wealth in 2012, with communities of color hit the hardest, finds a new report by the Alliance for a Just Society. But this bleeding of wealth could end. If the 13 million homes that are still underwater had their mortgages reduced to their current value, it would add $100 billion to the economy and create 1.5 million jobs.
More in "New Resources"
- Students Need Joy, Community and Fulfillment
- Philadelphia 2024: The State of the City
- New Digital Publication Offers Colleges and Universities Guidance on Managing “The Morning After”—the Days and Weeks Following Election Day
Stay Current in Philly's Higher Education and Nonprofit Sector
We compile a weekly email with local events, resources, national conferences, calls for proposals, grant, volunteer and job opportunities in the higher education and nonprofit sectors.
Subscribe