From the late 1970s to the mid 2000s, inflation-adjusted household incomes didn’t grow at all for those in the bottom 20 percent. At the same time, for the wealthiest five percent, average incomes more than doubled, according to the report.
Rick Karr reports on efforts to help residents at Knickerbocker Village on Manhattan’s Lower East Side and is joined by NY State Senator Daniel Squadron who represents the area. Residents of Knickerbocker Village were without heat, hot water and electricity for days.
Post-Sandy topics include continuing efforts to bring light and heat to thousands, the power grid, and tips on how to put traumatic events in perspective for children.
This edition of MetroFocus explores storm-related topics, from the continuing efforts to bring light and heat to thousands, to tips on how to put traumatizing events in perspective for children.
Six city schools that were damaged by Hurricane Sandy won’t reopen until 2013
A look at wealth and questions of disparity with economist Diana Furchtgott-Roth, former New York Times economics columnist Jeff Madrick, and historian Kenneth Jackson.