Poverty Spikes In America … While the Government Throws Money at the Super-Elite
from Washington’s Blog:
AP reports that the U.S. is seeing the highest spike in poverty since the 1960s, and notes:
According to a report by the non-partisan Congressional Research Service late last year, “U.S. income distribution appears to be among the most unequal of all major industrialized countries and the United States appears to be among the nations experiencing the greatest increases in measures of income.”
Inequality has grown steadily worse:
Corporate profits are up. Stock prices are up. So why isn’t anyone hiring?
Actually, many American companies are — just maybe not in your town. They’re hiring overseas, where sales are surging and the pipeline of orders is fat.
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