Wealth and Poverty

thedailyrecord.com

Virginia's House Republicans say it’s up to the Senate to figure out how to keep student loan rates from doubling in July. Capitol Hill reporter Matt Laslo has the story…

Hunger pangs may be a sign to raid the refrigerator, order carryout, heat up some leftovers, or head to your favorite restaurant. 

But thousands of Virginia children don't have that option.  In fact—and it’s a little-known fact—area food banks throughout the Commonwealth are in greater need of supplies over the summer than over the holidays, when most food drives take place.

Since 2006, there's been a 56-percent increase in the need for serving the hungry. And as Governor McDonnell explains, it's harder to restock food banks during this time of year than any other.

Weldon Cooper Center Develops New Poverty Measure

May 29, 2013
Weldon Cooper Center for Public Service

A 1960s era poverty measurement is being replaced by one that more accurately reflects Virginians’ living standards and spending patterns. 

If you were alive in the 1960s, you know a lot of things have changed since then.  But criteria used to determine poverty hasn’t.  Dustin Cable is a demographer with the University of Virginia.

“Food costs have declined as a percentage of family budgets and medical expenses have dramatically increased.”

Consumer Sentiment Mixed Among Virginians

May 22, 2013
Roanoke College

Roanoke College is out with a new poll detailing how Virginians view their financial situation and general business conditions now and in the future. 

It’s the second time this year the Institute for Policy and Opinion Research at Roanoke College conducted its consumer sentiment survey, and Senior Analyst Alice Kassens says there were some surprises.

People who oppose the proposed “coal fields expressway” are staging a protest in Abingdon Virginia, where coal company, Alpha Natural Resources is holding its annual meeting Wednesday, May 22.

The protestors say they’ll call attention to the company’s role in what’s known as the Coalfields Expressway.  A proposed 50 mile road, supporters say will improve transportation in far southwest Virginia and help the local economy.

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