At 14:46 22/03/2013, AC wrote:
The number of suburban residents (in the U.S.) living in poverty rose by
nearly 64 percent between 2000 and 2011, to about 16.4 million people,
according to a Brookings Institution analysis of 95 of the nation's
largest metropolitan areas. That's more than double the rate of growth for
urban poverty in those areas
<http://inplainsight.nbcnews.com/_news/2013/03/22/17404578-sprawling-and-struggling-poverty-hits-americas-suburbs?lite>http://inplainsight.nbcnews.com/_news/2013/03/22/17404578-sprawling-and-struggling-poverty-hits-americas-suburbs?lite
I believe we have reached a pause in the industrial revolution when a
'standard' panoply of consumer goods, services and entertainments
preoccupies most people's daily lives, time and energy. We have been thrown
into this hiatus about 50 years too early by the Chinese and another 50
years too early by the 2007/8 fiasco. Mean incomes for most of the
populations of advanced coungries have already been declining for 20 years,
and they'll probably go on declining for another 20 or so until some sort
of consolidation is reached.
Financially, times will get tougher and tougher. And this will affect the
baby-boomers who were part of the great exodus of middle-class out of the
cities into the prospering suburbs ('exurbs') during the 1960s/70s/80s.
It's now going into reverse with the largest cities growing again simply
because cities are more efficient when considering the whole range of
products, services and experiences that people require, and the more
densely they're arranged (within reason) the more effficient they are.
Keith .
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