Tyrone Banks in his home in Memphis. He is in danger of losing it
after the payments on his mortgage rose and he lost his job at FedEx
after the payments on his mortgage rose and he lost his job at FedEx
An article in today's New York Times points out how the Great Recession is turning back the economic gains made by African-Americans in Memphis, my home town, over the past several decades. The full article entitled "The New Poor: Blacks in Memphis Lose Decades of Economic Gains" can be found by clicking here. The Times' photo essay on those struggling in Memphis can be found by clicking here.
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