At a time when Wall Street is experiencing the greatest accumulation of wealth in the history of mankind, just across the road in urban New York City, homeless children being left on the street is at the greatest numbers seen since the time of the Great Depression in the 1930′s.
According to the New York Times, the last time there was this many homeless children in New York City was during the days of the Great Depression. And the number of homeless children in the United States overall recently set a new all-time record.
As I mentioned yesterday, there are now 1.2 million public school kids in America that are homeless, and that number has gone up by about 72 percent since the start of the last recession. As Americans, we like to think of ourselves as “the wealthiest nation on the planet”, and yet the number of young kids that don’t even have a roof over their heads at night just keeps skyrocketing. There truly are “two Americas” today, and unfortunately most Americans that live in “good America” don’t seem to really care too much about the extreme suffering that is going on in “bad America”. In the end, what kind of price will we all pay for neglecting the most vulnerable members of our society? –Economic Collapse Blog