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UNDERNEWS

Undernews is the online report of the Progressive Review, edited by Sam Smith, who covered Washington during all or part of ten of America's presidencies and who has edited alternative journals since 1964. The Review, which has been on the web since 1995, is now published from Freeport, Maine. We get over 5 million article visits a year. See prorev.com for full contents of our site

January 28, 2010

ROAD SIGNS

International air traffic drooped 3.5 percent last year, the largest decline since 1945.

Business Insider - Poverty grew at twice the rate of U.S. population growth from 2000 - 2008, and now encompasses 39.1 million Americans. If one were to expand the definition of poverty to merely 'poor' (yet still very poor), then a eye-popping 30% of the nation lives no higher than twice the poverty base line. . . . If you break down the data to individual areas, then there's at least ten U.S. cities with poverty rates of around 30%. . . . This [Brookings] research doesn't include 2009 since full data hasn't come out yet.

USA Today - Average college endowment returns plummeted 18.7% last year, the worst decline for higher education since the Great Depression, a report says. Overall, higher education endowments fared better than other indexes; the widely used S&P 500 was down 26.2% over the same period, the 12 months ending last June 30. And, the report notes, the economic forecast has improved for 2010.


1 Comments:

Anonymous robbie said...

International air traffic drooped 3.5 percent last year, the largest decline since 1945.

First good news I've seen in a long time.

January 28, 2010 6:29 PM  

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