Payday Loan Shops Outnumber McDonalds and Bankrupcy Filings Outnumber College Degrees
Oregon has more payday loan shops than McDonald's restaurants and is producing more bankruptcy filings than college degrees....
... Those are two interesting facts among literally hundreds in the Oregon Center for Public Policy's newest biennial report on Oregon's economy from the perspective of Oregon's workers. Get In the Shadows of the Recession: The State of Working Oregon 2004 by ordering a copy here for just $15.
No matter what issue demands your attention – worker wages and benefits, income inequality, creating affordable housing, improving the progressivity of our tax system, making child care more affordable, debt, bankruptcy, foreclosures, payday loans, addressing Oregon's stubborn levels of poverty, hunger, and food insecurity, addressing the decline of the Oregon Health Plan and Oregon's problem levels of uninsurance – In the Shadows of the Recovery is jam-packed with data you will be able to use.
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October 13, 2004 |
Chuck Sheketoff | Comments (12 so far)
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Posted by: cc | Oct 12, 2004 4:23:34 PM
Get In the Shadows of the Recession: The State of Working Oregon 2004 by ordering a copy here for just $15.
Who says I got $15 to pay for it? LOL. I'm still trying to figure out if I've got the $5 for a raffle ticket. I've got the college degree, but I've managed to ward off the bankruptcy thing by the skin of my teeth. Anyone want to buy my house? lol. (Hmm. So incredibly tempted to just link to the online listing, but I'll refrain from being *that* self-serving. hehe).
Posted by: Ruth | Oct 12, 2004 5:09:46 PM
I would love to buy this report...except I can't afford it! I am not kidding. This Bush economy is killing my (precariously) middle class family. We are much worse off than we were four years ago.
Posted by: Johnny | Oct 18, 2004 10:29:02 AM
You poor thing. Literally. WaWaWa! Bush is to blame for all my problems! If only Kerry would save us! we would have social safety nets for all of us lazy idiots! Give me a break.
Posted by: jaymore | Jun 15, 2007 8:16:58 AM
What proof do you have that payday lending is the culprit in backruptcy? What about subprime mortgages, credit cards, car payments, and yes: divorce, job loss, student loans, and illness. How convenient--and naive--to lay all the blame on one financial product.
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Posted by: Erika | Oct 12, 2004 3:33:58 PM
Me, I got two college degrees and one bankruptcy filing.