Quote:
Originally Posted by EddyTheDog
He lost the popular vote and the rest of the world thinks he and America is a joke - Other than that he is doing just fine...
|
Quote:
45 Million Americans Still Stuck Below Poverty Line:
Despite five years of economic recovery, poverty is still stubbornly high in America. More than 45 million people, or 14.5 percent of all Americans, lived below the poverty line last year, the Census Bureau reported on Tuesday
|
Quote:
|
Among racial and ethnic groups, African Americans had the highest poverty rate, 27.4 percent, followed by Hispanics at 26.6 percent and whites at 9.9 percent. 45.8 percent of young black children (under age 6) live in poverty, compared to 14.5 percent of white children.
|
This has effected Black Americans worse, so no anti-US diarrhoea from Bladewire.
US wages stagnant. Not accounting for the top 20% most wages in the US are stagnant of falling. Globalization has dragged down wage growth. Millions of manufacturing jobs were lost to Asia, and the backbone industries that built the West's economies were gutted. The loss of these blue-collar jobs forced many workers into lower-paying jobs, thus suppressing wages. We still have only just begun the drive towards automation.
This is a West v Third World phenomena, so no anti-US diarrhoea from Bladewire.