A recent study by the National Council of Negro Women and the Fannie Mae Foundation finds black women are much further along the road to economic power. But obstacles remain.
A report card on women’s health gives unsatisfactory marks to the nation and virtually all states, saying that health-wise women are second-class citizens. The recession and bio-terrorism are draining resources that could be helping women.
Only a stimulus plan that helps working people will jump-start the economy. Women should resist the rhetoric and call to patriotic spending. They should curtail or stop holiday spending and take a hard cold look at their own financial future.
Of the competing economic stimulus packages, the Senate plan is better for women. But all the proposals give too much to wealthy individuals and corporations in the form of permanent, massive tax cuts, while workers get small, temporary relief.
Women are two-thirds of the world’s 1.2 billion people living on less than $1 a day. Tiny micro-credit loans improve their lives, but experts debate whether micro-lending will help more people by becoming profitable or by remaining largely subsidized.
The economic slump and post-Sept. 11 layoffs have hit women–as part-time and low-wage workers–hard. Some members of Congress want to help by changing the rules of unemployment insurance that now make many women employees ineligible.
Two new studies of women business owners indicate that they started their businesses for a good reason: to support their families. The data also indicates that they support their local economy and are in fact vital members of the business community.
Smith College has developed a financial literacy course to prepare women for the lives they will lead–in part as a response to a growing awareness that not even GenX women are taking control of their financial futures.
The perils of joint tax returns may far outweigh any short-term advantage for married taxpayers, a tax expert argues, and the hazards are more significant to women than the “marriage penalty” and “marriage bonus” in the current tax rules.
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