Asset poverty is a big problem in New Orleans, where many have no cash cushion, By Rebecca Mowbray, August 14, 2012, New Orleans Times-Picayune: “Some 37 percent of New Orleans households would not be able to survive for more than three months without falling into poverty if their main source of income were disrupted, according to a new study released Tuesday by the Greater New Orleans Foundation and the Ford Foundation. While many examinations of poverty look at a family’s income, this study of ‘asset poverty’ looks at how large a financial cushion households have to protect them in times of crisis…”
Day: August 15, 2012
Prison Overcrowding – California
California unlikely to meet prison crowding reduction requirement, By Paige St. John, August 12, 2012, Los Angeles Times: “California’s progress in relieving its teeming prisons has slowed so much that it probably won’t comply with a court-ordered population reduction, and judges have raised the prospect of letting some inmates out early. Three federal jurists have given the state until Friday to come up with a schedule for identifying prisoners ‘unlikely to reoffend or who might otherwise be candidates for early release’ and to detail other ways to hasten the emptying of double-bunked cells. In the interim, the judges have ordered California to ‘take all steps necessary’ to meet their existing deadline for population cuts…”