Washington, D.C.-- While the nation awaits the
imminent release of the latest numbers on poverty from the U.S. Census
Bureau, broadcaster Tavis Smiley and Princeton University Professor
Emeritus Cornel West, hosts of the nationally syndicated public radio
program Smiley & West from Public Radio International (PRI), are
once again bringing national attention to economic injustice by
announcing "The Poverty Tour 2.0."
"The Poverty Tour 2.0" will be on the road September 12-15, 2012,
visiting four battleground states: Ohio, Virginia, Pennsylvania, and
Florida, continuing the moral crusade to make the eradication of poverty
a top priority in America - a clarion call to President Obama and
Governor Romney as the race for the White House heats up.
Corvallis, OR-- Blacks represent 13.6% of the
U.S. population with a purchasing power of nearly 1 trillion, according
to the recent State of the African-American Consumer Report gathered by
information and analytics company Nielsen.
However, less than three
cents of every dollar return to Black-owned businesses. And at 16%, the
national unemployment rate among African Americans is disproportionately
"A majority of our resources are spent outside of our own community,
while the goods and services we offer are rarely extended to the
Hats off to Matt Taibbi for staying on the Wall Street crime beat, asking in his most recent report inRolling Stone
: "Why Isn't Wall Street in Jail?"
"Financial crooks," he argues, "brought down the world's economy -- but the feds are doing more to protect them than to prosecute them."
True enough, but that’s only part of the story. The Daily Kos called
his investigation a "depressing read" perhaps because it suggests that
the Obama Administration is not doing what it should to reign in
NEW YORK (TheStreet
) -- The unemployment rate might be making headlines, but some economists say investors may be better advised looking at a different metric: the employment-to-population ratio.
The employment-to-population ratio, or EPR, measures the number of working-age people who have jobs as a percentage of total number of people aged 16 years and above.
"The employment-to-population ratio is like capacity utilization ratio," said Patrick O'Keefe, of J.H. Cohn and former deputy assistant secretary at the Department of Labor.