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IPFS News Link • Economy - Economics USA

New York: From "Disneyland For Wall Street" To "Coffin-Sized" Living Spaces

• http://www.zerohedge.com, by Mike Krieger
 We are often told by charlatans and mainstream media propagandists that this mythical rising tide of wealth lifts all boats. If that’s the case, I find it quite perplexing that the homeless population in America’s financial center is exploding five years into the so-called recovery. Meanwhile, let’s not forget that 22% of the city is on food stamps.
How is this possible? Because we have witnessed five years of egregious corruption and crony capitalist theft, not a genuine recovery. That’s how.
The war on the homeless has been accelerating in recent years, as city officials across the nation would rather hide the problem that admit the economic recovery is bullshit. In most cases, the measures are subtle, but have the desired effect of pushing homeless people away from public view (in Columbia, South Carolina it is not so subtle and you need a $120 weekly permit to feed the homeless). NYC officials are a bit more nuanced.

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