Saturday 31 January 2009
A bailout organized around urban and public infrastructure would be inclusive, in that it would provide opportunities for the people who have had the fewest chances in the new economy of the last thirty years, and who have suffered most from the new inequality of income, wealth, and amenities. It would include poor people in “nonmetropolitan” counties, for whom the costs of having no access to public transportation are extraordinarily high; and the rapidly increasing population of the “oldest old,” many of them living in cities that have been built, almost anew, since the 1970s, with little or no public transportation. Emma Rothschild ☀
