2% of Americans are Homeless: America's Most Shameful Open Secret


Author: Andrew Keen December 8, 2025 Duration: 50:16
Podcast episode
2% of Americans are Homeless: America's Most Shameful Open Secret

Numbers often tell the story best. Yesterday, we discussed today’s 95/5 reality in which 5% of Americans control 95% of the wealth. Today, in our conversation with Patrick Markee, author of Placeless, the key number is 2%. That’s the number of Americans who, on any given day, are homeless. But it’s a number, Markee insists, that doesn’t have to be. Mass homelessness, America’s most shameful open secret, is a modern phenomenon, he explains, triggered by Reagan’s neo-liberal policies. There’s nothing inevitable or necessary about it. And just as economic and political policy caused the crisis, it can also solve it. What’s most chilling is how normalized it’s become. Two-thirds of Americans are too young to remember a time when large numbers of people weren’t sleeping on sidewalks. In New York City alone, 35,000 children sleep in shelters every night—numbers not seen since the Great Depression. Future generations, Markee suggests, will look back at us the way we look back at those who tolerated slavery. How could we all have just walked on by?



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