'Trickle-down' Economics Plugged Up

Washington D.C's economic boom does not benefit poor.
August 18, 2004, 10am PDT | Abhijeet Chavan
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"The District is in an economic boom. It has added almost 50,000 jobs since 2000, more than making up for the jobs it lost in the 1990s...But 7.1 percent of District residents who wanted a job in June could not find one...'The District is creating jobs, but it's not benefiting folks who are in the impoverished communities in the city.'...The problem in the District has proven particularly intractable, say economists and people who work with the unemployed, because the hurdles that Washington's jobless face defy mere economics. Those problems include weak schools and the lack of role models with careers. Residents who do find steady work often move to the suburbs or other parts of the District."

Thanks to Richard Layman

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Published on Monday, August 16, 2004 in The Washington Post
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