in Musings, Raleigh

Trickle-down economics

A friend of my coworker works at a local homeless shelter. He says homelessness is up 30% now due to the economy. Urban Ministries of Durham is warning of the same increase in homeless people.

“The current economic condition of our country is pushing many people into homelessness, and Durham will be no exception,” said Greg Rowland, Urban Ministries’ vice-chair. “We are committed to increasing our capacity to provide food, clothing, shelter and recovery to everyone who walks through our door.”

It might hurt to lose pretend money in the stock market but its important to remember those for whom the economic stress is painfully tangible: our homeless.