Friday, December 11, 2009

We know how we're all affected by this recession...

but how are the homeless affected?

Well, homelessness was an issue before the economic recession, so it certainly hasn't improved. Many agencies and non-profit organizations have found it difficult to make budget cuts with a such a limited budget to start with. In addition, the number of homeless people in the United States has risen dramatically since 2007 (by almost 20%!) with foreclosures and unemployment.

According to economic sources, the recession is officially over. It'll take quite a while for the economy to bounce back but we will bounce back. But what about the homeless? In 2008, it was reported that the poor were still recovering from the recession in 2001. And that one wasn't nearly as bad. The poor will be feeling the effect of this recession long after the economy is back where it was.

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