A new report details how families pay a high price for the incarceration of a relative—a price “felt most deeply by women, low-income families and communities of color.” It examines the various ways families and former prisoners “pay” for their incarceration, even after they are released. The report, “Who Pays? The True Cost Of
Last month, the nonpartisan financial reform organization Better Markets put out a report claiming that the total cost for the 2008 financial crisis and resulting recession reached$20 trillion. The number comes from an estimate of how much of a toll the crash put on the gross domestic product with high unemployment/underemployment and the hollowing out of the middle class through foreclosures, deferred education, and bankruptcies.