Sunday, November 27, 2016

One Paycheck Away From Homelessness

Here is a startling statistic - the majority of New Yorkers are on the verge of homelessness:

More than half of all New Yorkers don't have enough money saved to cover them in the event of a lost job, medical emergency, or other disaster, according to a new report by the Association for Neighborhood & Housing Development.

Nearly 60 percent of New Yorkers lack the emergency savings necessary to cover at least three months' worth of household expenses including food, housing, and rent, but that statistic isn't spread evenly across the five boroughs.

The Bronx has the highest rate of families without adequate emergency savings: in Mott Haven, Melrose, Hunts Point, Longwood, Highbridge, South Concourse, University Heights, Fordham, Belmont, and East Tremont, 75 percent of families have inadequate emergency savings. The Staten Island neighborhoods of Tottenville and Great Kills have the lowest rate, with just 41 percent of families lacking the funds necessary to cover three months' worth of expenses.

Without these savings, families who face emergencies could be at risk of eviction, foreclosure, damaged credit, and even homelessness.

You can read the rest @

To those of you who say "America already is great", shouldn't "greatness" include economic security for our citizens?

The billionaires who supported Hillary are chiefly responsible for this mess. Do you still want to keep them in charge and put her in the White House?

If you do, you're nuts !!!

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