Tuesday, February 12, 2013

Brooklyn's Income Inequality: Global Causes, Local Effects | BkBureau.org

 Great piece on race and economic inequality and the global economy in brooklyn.  One incredible example: "In census tract 21, which includes DUMBO, the median household income was $149,000, although for whites, who represent 80 percent of the population, the median household income was significantly higher at $163,000. For blacks the median household income in that area was $23,000."




Mayor Michael Bloomberg employs innovative contest style to bring bright, new ideas to meet city challenges - NY Daily News

Wow, in some ways this is the exact opposite of participatory budgeting: there is no discussion of needs, no deliberation about proposoals, no collaborative creativity in the evaluation process, just a bunch of isolated submissions chosen by a sole figure at the top!

New York Mayor Michael Bloomberg presents his city budget proposal for fiscal years 2009-2013, in New York's City Hall Friday Jan. 30, 2009. Mayor Michael Bloomberg says Wall Street firms are expected to lose a total of $47.2 billion for 2008, and even more in 2009. The figures are devastating for New York City. (AP Photo/Richard Drew, Pool)