Published on August 12th 2011
For years, the city of Stockton has had one of the highest foreclosure and unemployment rates in the nation. In June 2011 alone, one in 210 housing units received a foreclosure filing. With unemployment expected to stay flat in most of the nation this year, in Stockton it’s expected to rise from 17.2 to 18.1 percent. Six months ago, California took eight of the top 20 spots on Forbes’ annual America’s Most Miserable Cities list, “with Stockton ranking first for the second time in three years.”
If anything, last week’s debt ceiling deal has only made matters worse for Stockton and all of California. In an odd way, the bad deal has actually united the nation: Both Wall Street and Main Street agree it sucks. Congress and the White House let everyone down for (fill in your petty, partisan, ideological and/or pathological reason of choice).
As usual, SEIU 1021 members aren’t taking things lying down. Let the “fight for a fair economy” begin ...
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