The Phaserl


The U.S. Is Now a ‘Third World’ Country

by Eric Zuesse, Washington’s Blog:

4.3% of Americans Survive on Less than $2/Day –

That’s Considered Poor in Even the Poorest Lands

Slightly more than one American household with children in every 25 is surviving on less than $2 per day of income from all sources. One quarter of that 4.3% (that’s 1% of all Americans with children) receive less than $1.25 per day. One third (that’s about 1.33% of all Americans) receive between $1.25 and $2. Another third of that 4.3% receive enough government benefits to be living on between $1.25 and $2 a day. A tiny 0.1% of that 4.3% are even surviving somehow on “Negative income & benefits.”

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