Sunday, May 2, 2010

The disaster of being rendered homeless

"According to the National Opinion Research Center, of all the negative events that can happen to Americans, only the death of a child is considered more painful than declaring bacnkruptcy or losing one's home and having to live on the street.  It would be surprising, then, if the threat of financial disaster―whether from inadequate retirement savings, crushing medical bills, layoffs, or simply excessive debt―did not take a toll on the well-being and peace of mind of millions of American families.  As a result, finding policies to minimize such risks offers an especially promising opportunity to help alleviate widespread anxiety and distress."

― from The Politics of Happiness by Derek Bok

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