Economic Crisis

Economic Crisis

Articles and Reports on the Economic Crisis from 2010 and Before

(Also see articles and reports from 2012, 2011, and coverage of poverty)

Put corporate criminals in jail by economist and Nobel laureate Joseph Stiglitz, New York Times, Oct 22, 2010

1938 in 2010 by Nobel-laureate Paul Krugman, New York Times, Septermber 6, 2010. The need for a new stimulus and deficit spending.

New Job Means Lower Wages for Many New York Times, September 1, 2010

Middle Class no More, Families Struggle to Fight off Homelessness Huffington Post, February 4, 2010

Jobs and Unemployment 

Impact of Unemployment

Poll Reveals Trauma of Joblessness in U.S., New York Times, December 14, 2009 

Jobless, Sleepless, Hopeless, New York Times, September 5, 2009

For Many, Uncertainty, Fear and Shame Often Follow Pink Slips, New York Times, December 14, 2009  

How a New Jobless Era Will Transform America by Don Peck, The Atlantic, March 2010 

Out of Work, And Too Down To Search On, New York Times , September 7, 2009

Income Loss Persists Long After Layoffs, New York Times, August 3, 2009

How the Great Recession Has Changed Life in America, Pew Research Center, June 2010

Lost Income, Lost Friends -- and Loss of Self-Respect: The Impact of Long-Term Unemployment, Pew Research Center, July 22, 2010

Regarding People who have been unemployed for over 99 weeks and have exhausted all their unemployment benefits including the extensions granted, periodically, by Congress 

They're known as 'the 99ers,' and their numbers are growing in Ohio and nationwide, Cleveland Plain Dealer, August 15, 2010

99 Weeks Later, Jobless Have Only Desperation, New York Times, August 2, 2010

Effects of Unemployment on Young Workers

The Long-Term Labor Market Consequences of Graduating from College in a Bad Economy by Lisa B. Kahn, Yale University, 2009.  

The Curse of the Class of 2009, Wall Street Journal, May 9, 2009   

In a Tough Job Market, Teens Are Suffering Most, Time, Jan. 18, 2010

Housing, mortgages, and foreclosures

Impact of the Foreclosure Crisis
Living in Tents, and by the Rules, Under a Bridge. New York Times, July 31, 2009 

Minorities Affected Most as New York Foreclosures RiseNew York Times, May 16, 2009 

Banks Resist Plans to Cut Mortgages. New York Times, April 14, 2010 

Racism in Lending

Racial Bias Remains in Ohio Mortgage Lending, says Report on 2007 data. Cleveland Plain Dealer, February 3, 2009 

Homeownership Losses are Greatest Among Minorities Report Finds. New York Times, May 13, 2009 

Decades of Gains Vanish for Blacks in Memphis. New York Times, May 31, 2010 

Contact Info

Edith Rasell, Ph.D.
Minister for Economic Justice
700 Prospect Ave.
Cleveland, OH 44115