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Recovery? 50% More New Yorkers Sleeping In Shelters Than In 2010
On Friday we enthusiastically pointed out that in February, the US economy added nearly 60,000 new waiters and bartenders, the largest increase since August 2013, in what is obviously a sure sign that US economic growth has finally reached “escape velocity” (nevermind that real GDP growth is tracking around 1.2%). We also noted that even as the unemployment rate ticks lower, the number of Americans not in the labor force just hit a fresh high of nearly 93,000,000 while the labor force participation rate sits at a nearly four decade low. Finally, we thought it worth mentioning that February’s auto sales numbers and the rising rate of repeat foreclosures in January suggest that perhaps autos and housing aren’t doing as well as the media would have you believe.
It is against this backdrop that we present the following, which should serve as further evidence of the underlying strength in the US economy...
Via Bloomberg:
Volunteers of America, which has offices at LaGuardia and JFK, counted a monthly average of 45 chronic homeless people at LaGuardia in 2014, an 80 percent increase over the average month in 2011. On the coldest nights, as many as 50 took refuge at LaGuardia in East Elmhurst, Queens. JFK’s chronic homeless increased to an average of 33 per month, double the number in 2011.
“There’s some new faces,” said Sharan Kaur, an assistant general manager at Auntie Anne’s Pretzels, who’s worked at LaGuardia for five years.
Conditions at the airports reflect the growth of homelessness in the most populous U.S. city. Every night, more than 60,000 people—almost 26,000 of them children—sleep in shelters, an increase of about 20,000 in three years,according to the Coalition for the Homeless, a New York-based advocacy group.
City officials estimate that an additional 3,357 homeless people were living on streets, in parks, and in other public places in 2014, an increase of 6 percent over the previous year. Homeless advocates say that number is much higher.
“If we do not take immediate, bold steps, the crisis will keep growing with an increasing human toll,” de Blasio told a legislative budget panel in Albany last month.
“Recovery”:
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The government needs to regulate hotel prices in NYC. That would put an end to this homelessness situation.
oops, have to go back and add this....
/sarc
Who cares about MYC homeless? Here is the important news today out of New York:
'Mad Money' turns 10! Cramer rings NYSE bellCNBC's Jim Cramer is celebrating his 10th anniversary of 'Mad Money' this week. On Tuesday, he rang the opening bell at the NYSE.
BOOYAHHHHH
Please send Jim my congratulations.
We need ObamaHomes™ to go along with ObamaPhones™ and ObamaCare™.
Soon enough, we'll be receiving Obama MyRAs and Obama-bucks in exchange for our homes, PM, equities, guns, and children. 1% per annum guaranteed (nominal) interest. SI SE PUEDE.
Estamos jodidos
this puzzles me, if you cant afford to live somewhere why do you move there? oh yeah, everything is free for the underacheiver army
They came for NYU...and then decided to stay.
On the plus side, there's a ton of homeless, former NYU students who can discuss the intricate artwork of the Ming Dynasty or the musings of Sarte and Freud with you as they shake you down...! It brings the forced washing of windshields (squeegie people) to a whole new level.
NYU class of '08 here. I made $15,000 last year. I'm going places!
you need more pieces of flare :-)
Better from the same movie: You need to capture a little piece of each transaction...
But at least move somewhere where the weather is pleasant. San Diego or similar. "Free" government stuff and pleasant weather!...
"50% of New Yorkers living in Shelters!!
Its a national tragedy. Congress must loosen its purse strings"
-Democratic Community Organizers for Community Organization
Does any of those homeless at JFK look like Tom Hanks?
Our overloards have picked the "let them eat cake" option in their central planning wisdom to the benefit of a few. They are bound and determined to keep a status quo that is already gone going. The last time I got hit up for something by a homeless guy, it wasn't for FRNs. He wanted a fucking blanket so that he wouldn't spend all night shivering in his car.
when i lived in the city i would go to the salvatiion army and buy up all the warm coats i could find and give them out to the homeless
They should be proud and thankful just to be in the paradise that is NYC.......
Think of the art! The culture! The excitement! America's world-class city! Why, the very streets are paved in gold!
DeBlasio will take any and all actions, yes, to make sure that no homeless are settled near his Park Slope residence(s).
I can hear MSM now: "More people are finding livable shelter than ever..". That's good, right?
"See, they're not homeless. Their houses are of sturdy cardboard construction, and some of them even found a sheet of corrugated metal to use as a roof, ensuring they'll be dry and toasty. As a bonus, their houses have green heating. If their body heat is not enough, they can just stop chasing the rats out! Nothing says 'warm' like 3 dozen rats! They are the ultimate in heated blankets."
Michael Palin: Ahh.. Very passable, this, very passable.
Graham Chapman: Nothing like a good glass of Chateau de Chassilier wine, ay Gessiah?
Terry Gilliam: You're right there Obediah.
Eric Idle: Who'd a thought thirty years ago we'd all be sittin' here drinking Chateau de Chassilier wine?
MP: Aye. In them days, we'd a' been glad to have the price of a cup o' tea.
GC: A cup ' COLD tea.
EI: Without milk or sugar.
TG: OR tea!
MP: In a filthy, cracked cup.
EI: We never used to have a cup. We used to have to drink out of a rolled up newspaper.
GC: The best WE could manage was to suck on a piece of damp cloth.
TG: But you know, we were happy in those days, though we were poor.
MP: Aye. BECAUSE we were poor. My old Dad used to say to me, "Money doesn't buy you happiness."
EI: 'E was right. I was happier then and I had NOTHIN'. We used to live in this tiiiny old house, with greaaaaat big holes in the roof.
GC: House? You were lucky to have a HOUSE! We used to live in one room, all hundred and twenty-six of us, no furniture. Half the floor was missing; we were all huddled together in one corner for fear of FALLING!
TG: You were lucky to have a ROOM! *We* used to have to live in a corridor!
MP: Ohhhh we used to DREAM of livin' in a corridor! Woulda' been a palace to us. We used to live in an old water tank on a rubbish tip. We got woken up every morning by having a load of rotting fish dumped all over us! House!? Hmph.
EI: Well when I say "house" it was only a hole in the ground covered by a piece of tarpolin, but it was a house to US.
GC: We were evicted from *our* hole in the ground; we had to go and live in a lake!
TG: You were lucky to have a LAKE! There were a hundred and sixty of us living in a small shoebox in the middle of the road.
MP: Cardboard box?
TG: Aye.
MP: You were lucky. We lived for three months in a brown paper bag in a septic tank. We used to have to get up at six o'clock in the morning, clean the bag, eat a crust of stale bread, go to work down mill for fourteen hours a day week in-week out. When we got home, out Dad would thrash us to sleep with his belt!
GC: Luxury. We used to have to get out of the lake at three o'clock in the morning, clean the lake, eat a handful of hot gravel, go to work at the mill every day for tuppence a month, come home, and Dad would beat us around the head and neck with a broken bottle, if we were LUCKY!
TG: Well we had it tough. We used to have to get up out of the shoebox at twelve o'clock at night, and LICK the road clean with our tongues. We had half a handful of freezing cold gravel, worked twenty-four hours a day at the mill for fourpence every six years, and when we got home, our Dad would slice us in two with a bread knife.
EI: Right. I had to get up in the morning at ten o'clock at night, half an hour before I went to bed, (pause for laughter), eat a lump of cold poison, work twenty-nine hours a day down mill, and pay mill owner for permission to come to work, and when we got home, our Dad would kill us, and dance about on our graves singing "Hallelujah."
MP: But you try and tell the young people today that... and they won't believe ya'.
ALL: Nope, nope..
Same thought here.
A car? Luxury!
SORRY.
The version I used to hear on the radio:
You kids today have it easy! We had to walk to school, forty miles, uphill, both ways, in the snow, barefoot, while fighting off an army of Huns!
Sustainable living that is, and when you die it becomes biodegradable. Moar boxes!
I was going to share this with the hopes that the Tylers would post it. Once again ahead of the curve. Thanks Tylers for ZH!
OT:
Tuesday humour:
http://www.newyorker.com/humor/borowitz-report/iran-offers-to-mediate-ta...
"Don't sleep in the Subway, darling" - Petula Clark
Long shanty towns. You don't have to travel to the 3rd world to visit shanty towns, as these are coming to 'Merica.
Ain't Amer. Capitalism great? I.e. when "it" (Christian Capitalism) gets corrupted and devolves into Crony/Cabal Capitalism.
And off in the distance you can see the TPTB rolling their hands in a happy like fashion. Our plan to bankrupt America has succeeded.
Found a 50 square foot apt for $3,000 a month. A bit tight, but the city has so many great museums and restaurants.
Fuck New York, what a shit hole. Why anyone would want to live there is beyond me.
https://www.youtube.com/watch?v=ZCJBqxMlNNg
keep bubbling those housing prices....once they get to million each....a hand full of rich cronies will own all the housing. Long live the Serfs!
Cloward-Piven...engage.
Indeed, it has been engaged.
A full scale assault has been underway for some time now.
The 18 million productive folks coming in from down south.
Aught to tip the balance.
Remember when Nancy Pelosi said the more people on welfare the better for the economy?
Then I guess this is one indication of a thriving economy.
Turn on the t.v. there is nothing mentioned about the jobs situation in this country. It's terrorism 24-7. Who gives a shit about Jihad John when you're living under a bridge eating ketchup packets.
I thought the Trading Floor was pretty much empty now? Fill that fucker with bunk beds and let them sleep with the algos. Wall Street will be very accomodating- Lloyd has always been big on doing "God's work".
The gold vaults are empty as well. Just paint Property of Germany on the beds so when the auditors show up they have something to count.
Slap a rickshaw on their backs and then people won't complain about the outlawing of horse drawn carriages.
Solution is simple: have the foreign oligarchs buying those absurd and garish luxury condos sublet them to the homeless since they never stay there anyway!
Each year is getting colder because of the onset of the mini ice age.
See? It IS global climate change. That covers EVERYTHING.
Soon it will be Spring which is more evidence that the climate is changing.
NYC - and most other cities used to have a range of 'residential hotels' that provided affordable housing. They ranged from the SRO's in places like the Bowrey - a room with a bed and little else with a shared bathroom for floor catering to the marginal elements of society - to somewhat better places - one room with a bathroom catering to the single working person. I had an uncle - PTSD alcoholic WWII vet who spent his final days in an SRO in NYC - living off his Social Security. Other single relatives lin Chicago and LA spent a good part of their lives living in 'residential hotels' while working various jobs. They had an affordable and comfortable - if spare - place to live.
But zoning laws have eliminated most of these places - part of the 'gentrification' process. You have laws now that make it illegal for unrelated people to live together as well. It's OK for a bunch of college grads to live 4 to an apartment in Manhattan but have 4 working poor guys doing the same and code enforcement gets all upset.
You also used to have this widespread practice where people took in 'boarders' - renting out a bedroom and providing meals. Used to be pretty common for working single men and women starting out if they weren't living with family and pretty common for older widows and widoweres - or the never married. That doesn't happen anymore either.
Ironically those practices - which provided cheaper housing - have been nearly eliminatd by regulations even as government tries to FORCE the market to provide MORE 'affordable' housing.
In many ways government regultion forces MISALOCATION of resources. Rent control and stabilization lets people stay in larger than needed apartments (and pass those down to relatives 'on the lease' as if the tenants owned them) while large families are crowded into overpriced small apartments - often collecting government aid to pay those unregulated rents. ONE tenant can remain in a building for damn near forever - keeping the owner from selling or demolishing that building to build something else.
But then you also have affordable apartment complexes that provided housing for generations of working class people - and were built specifically for that purpose - bought up, 'renovated' and resold for a huige mark-up by big institutional 'investors'. And the government that wants 'affordable' housing turns a blind eye to such things.
While builders love to build apartments that sell for millions - and remain empty, they want nothing to do with building 'affordable' housing for the masses - unless forced to do so by regulations that again misallocate resources. But land - and building costs - in 'desirable' places like Manhattn are EXPENSIVE and builders won't build unless thay can make a profit. Forcing builders to put 'affordable' units into luxury buildings is ridiculous. The few that get in are Lottery winners but the remainder of those in the bulding are none too pleased 'sharing'.
'Discriminatory' housing policies horrify government but it used to be that you had a RANGE of housing - with low level cheaper housing in less desirable neighborhoods, better housing that appealed to working class in other 'better' neighborhoods and high end expensive housing in the most desirable neighborhoods. You didn't have a 'right' to live anywhere you wanted but odds are you COULD find SOMEPLACE to live that you COULD afford.
Now government is spending a fortune maintaining a system that misallocates resources where people pay too little for too much and provides subsidies to pay too much for too little.
A more open, less regulated, market would allocate housing resources more efficiently but it'll never happen.
Why, this is great news! The social welfare policies of Amerika have become so cutting edge, and shelters so extravagant - that everyone is trying to get into one.
Either that, or the country is going to Hell in a hand-basket.