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AP: 4 in 5 in USA Face Near-Poverty, No Work

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HenryGeorge
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AP: 4 in 5 in USA Face Near-Poverty, No Work

Post by HenryGeorge » October 21st, 2013, 9:17 am

Looks like these trends in the country will continue to become more and more widespread as far as the eye can see...

AP: 4 in 5 in USA Face Near-Poverty, No Work

Hope Yen, AP Business Writer

WASHINGTON (AP) — Four out of 5 U.S. adults struggle with joblessness, near-poverty or reliance on welfare for at least parts of their lives, a sign of deteriorating economic security and an elusive American dream.

Survey data exclusive to The Associated Press points to an increasingly globalized U.S. economy, the widening gap between rich and poor, and the loss of good-paying manufacturing jobs as reasons for the trend.

The findings come as President Obama tries to renew his administration's emphasis on the economy, saying in recent speeches that his highest priority is to "rebuild ladders of opportunity" and reverse income inequality.

As nonwhites approach a numerical majority in the U.S., one question is how public programs to lift the disadvantaged should be best focused — on the affirmative action that historically has tried to eliminate the racial barriers seen as the major impediment to economic equality, or simply on improving socioeconomic status for all, regardless of race.

Hardship is particularly growing among whites, based on several measures. Pessimism among that racial group about their families' economic futures has climbed to the highest point since at least 1987. In the most recent AP-GfK poll, 63% of whites called the economy "poor."

For More: http://www.usatoday.com/story/money/bus ... k/2594203/

tre
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Post by tre » October 21st, 2013, 10:22 am

Most US Citizens, in general, don't know what true poverty is or what it looks like. Unfortunately, they likely will in an economic collapse when ALL safety nets get pulled away. Then, and only then, will they experience true poverty. I don't wish this on my country, but it seems that there is no way to avoid it now. What is worse is that the leadership with it's media have successfully insured racial division with it's policies and media brainwashing of the population. This insures that blame is placed on other citizens instead of the leadership, where blame belongs...

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