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Thursday, December 17, 2015

Half of America Is in or Damn Near Close to Living in Poverty

Congress should be filled with guilt -- and shame -- for failing to deal with our enormous wealth disparities.

Recent reports have documented the growing rates of impoverishment in the U.S., and new information surfacing in the past 12 months shows that the trend is continuing, and probably worsening.

Congress should be filled with guilt -- and shame -- for failing to deal with the enormous wealth disparities that are turning our country into the equivalent of a 3rd-world nation.

Half of Americans Make Less than a Living Wage

According to the Social Security Administration, over half of Americans make less than $30,000 per year.

That's less than an appropriate average living wage of $16.87 per hour, as calculated by Alliance for a Just Society (AJS), and it's not enough -- even with two full-time workers -- to attain an "adequate but modest living standard" for a family of four, which at the median is over $60,000, according to the Economic Policy Institute.

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6 comments:

Anonymous said...

By allowing our jobs to be shipped overseas...
By taxing our businesses into closure...
By providing too many handouts...
By sending too many to college...
By providing non-performance based expectations...
By furthering their personal agendas...

Anonymous said...

Well lets put an "*" next to that becasue that is the poverty level as we know it in the developed world. The US "poor" live better than 75% of the world. Cant wait till the money runs out. Then the real show begins.

Anonymous said...

Don't forget the American lack of ambition to succeed & inability to appreciate what they have.Most refuse to live within their means,which leads to a divorce over lack of money issues.Everyone wants too much house,too much car,too much cellphone and too many "things" in general.When a person was raised in relative poverty,for instance,what happens after they get married? They lose all of the resourcefulness that their parents may have taught them and want it all right now.Most of the crap they buy their spoiled kids for Christmas ends up in their community yard sale within a year.We as Americans have many faults,but being thankful is free.Not being thankful is inexcusable.

Anonymous said...

Our political establishment has created this mess. Not sure if it can be fixed anymore. Keep buying bullets your gonna need them.

Anonymous said...

I agree with all the comments above.

Anonymous said...

I agree will all the comments above.People on entitlement programs,big government pensions and the super rich don't care if the economy is up or down only the working class and small business do.