4 in 5 in U.S. face near-poverty, no workWASHINGTON (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…
Headline story on the Drudge Report this morning. This is related, I believe, to the US having an insanely high incarceration rate, highest in the world ((715 per 100,000 in population, China is l19 per 100,000). I agree with Sen. Jim Webb’s take on this: Either we’re home to the most evil people on earth, or we’re doing something wrong (I guess both is a possibility too).Filed Under: Economics with Politics
Things I learned reading
The Nation Drudge
July 28, 2013 by
4 in 5 in U.S. face near-poverty, no work