"Down in Jungleland" | 7 comments (7 topical, editorial, 0 hidden)

Re: "Down in Jungleland" (none / 0)

Thank you for information.Statistics are great in a way that they tell us how wide spread is poverty...especially in those rich countries.
Here
http://www.abc.net.au/foreign/content/2013/s3874510.htm
Yhese things are alarming...

"Most Americans have seen their incomes stagnate or fall since 2008. In fact, if you look in the middle, the average typical American income today is lower than it was say 15 years ago. Median income of a full-time male worker today is lower than it was 40 years ago." PROFESSOR JOSPEH STIGLITZ Economist, Columbia university

DR MARY GATTA: "Close to 50% of Americans are working and are economically insecure. And that means they can't afford their housing, their healthcare, their childcare, their transportation. They can do no saving for an emergency or their own retirement. Half of the country lives in economic insecurity".

Science without religion is lame, religion without science is blind...Albert Einstein

by vbo on Fri Oct 25th, 2013 at 10:19:17 AM EST
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Re: "Down in Jungleland" (none / 1)

The US middle class has been digging its own grave, urged on by a stakeholding Ueberklass that keeps saying, "Go ahead, leverage yourself. You have to spend money to make money, and this is just a temporary downturn." Four decades of decline isn't temporary.

by rifek on Sat Nov 16th, 2013 at 01:50:04 PM EST
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"Down in Jungleland" | 7 comments (7 topical, 0 editorial, 0 hidden)