UM: Social Safety Net
The New York Times reports that the social safety net for the nation’s poorest is fraying. The article quotes UM economist Sheldon Danziger, who says that a mid-1990s overhaul of the welfare system which aimed to push single mothers into the workforce “makes sense when unemployment is 5 percent.But if you are out of work, the welfare system in a time of recession doesn’t have anything to offer.” [Source]