Nearly 44 percent of Americans don't have enough savings or other liquid assets to stay out of poverty for more than three months if they lose their income, according to the Corporation for Enterprise Development.
In his inaugural address, President Obama talked about a country where even "a little girl born into the bleakest poverty knows that she has the same chance to succeed as anybody else." But in reality, that's not always the case. A new report finds that one of the biggest obstacles for many Americans is that they don't have the savings or assets they need to help them get ahead.
For a half-century, the U.S. Army Corps of Engineers has been in the beach business, dredging up new sand as shorelines wash away. Federal disaster aid for Superstorm Sandy could provide billions more for beach rebuilding, and that has revived an old debate: Is this an effective way to protect against storms, or a counterproductive waste of tax dollars?
On a recent blustery day at Virginia Beach, the latest beach nourishment project is in full swing. A bulldozer smooths out pyramids of sand, and on the horizon, a large, black hopper dredge appears with another load.
Two is a coincidence. Three is a trend. That's why an Oklahoma City house has been dubbed The Twin House, after a third consecutive couple living there had twins - a boy and a girl each. Current tenants, Brady and Chelsea Smith, said they didn't believe in the twin mojo when they moved in. Then an ultrasound showed she was expecting twins. New father Brady Smith told the Oklahoman, now his friends won't even drive down the block.
It's MORNING EDITION, from NPR News. Good morning. I'm Renee Montagne.
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The city of Timbuktu is free...
UNIDENTIFIED GROUP: Mali, Mali, Mali, Mali...
INSKEEP: ...and residents cheered as French and Malian forces entered the city. Those forces swept aside Islamist rebels who'd controlled the place for months. The Islamists rule included amputations and the destroyed ancient tombs. It ended with the burning of a library housing priceless manuscripts.