Federal, state, and local government underwrites the bulk of the cost to support vulnerable people in our society. But most of the actual services are delivered by nonprofits operating under government contracts or grants. With the stimulus money gone, large federal spending cuts looming, several years of recession, and an ever-growing pension and healthcare burden, how are these nonprofits faring? What do they believe the future holds for publicly funded services and for them? A recent Bridgespan Group survey explored the answers to these questions, discovering that while many nonprofits have thus far managed to survive the tough economic times with their government funding mostly intact, the bubble is set to burst.
We have two parties representing the one percent. The 1% need tax breaks for many reasons, too numerous to list, and those tax breaks will help us all - but not recently, not now, and not in the forseeable future. In the meantine, austerity must be shifted to the most vulnerable. Bridgespan reports on the crisis, but offers few if any solutions. In a flat world, optimized for capital, people die in the streets.