Paverty

Liberty lost? Americans increasingly unhappy with levels of freedom, survey says
America is often referred to as the "Land of the Free," but as citizens prepare to celebrate the Fourth of July, their satisfaction with the country's freedom is significantly lower than it was a decade ago, according to a newly released Gallup poll. The survey found that although 91 percent of Americans were satisfied with t [...]
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Can the average American live off Social Security?
The answer is crystal clear. For years, Social Security has served as a key source of income for millions of retired Americans. In fact, these days, an estimated 61% of retirees rely on their benefits to provide at least half of their income. The problem, however, is that Social Security was never designed to cover seniors' livi [...]
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Chinese Factory Workers for Ivanka Trump’s Brand Make About $1 Per Hour
Here’s hoping there's rent control in China: Employees at a factory that manufactures apparel for Ivanka Trump’s clothing business earn just $62 each week, for 60 hours of work, it has been revealed. There are 80 workers at the plant, which produces clothing for Ivanka Trump’s eponymous brand as well as for Tommy Hi [...]
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GOP’s Planned Cuts to Medicaid Will Impoverish and Imperil Millions of Aging Baby Boomers and Seniors
One-fifth of Medicare recipients are covered through Medicaid, including nursing homes and long-term care. The House Republican leadership’s Obamacare repeal bill will not only cause upwards of 24 million people to lose their health care coverage over the next decade, as the Congressional Budget Office has said, but it will al [...]
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Child poverty in the U.S. is among the worst in the developed world
One in three American kids live in poverty, according to UNICEF. With 32.2 percent of children living below this line, the U.S. ranks 36th out of the 41 wealthy countries included in the UNICEF report. The United States ranks near the bottom of the pack of wealthy nations on a measure of child poverty. Nearly one third of U.S. c [...]
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On Contact: The Plight of the Underclass with Linh Dinh
On this week’s episode of On Contact, Chris Hedges is joined by Linh Dinh, author of “Postcards from the End of America”. Dinh traveled across the US lift up the voices of those who have been disappeared by our corporate state. RT Correspondent Anya Parampil reveals the stark statistics of those living in poverty in Ame [...]
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America is Tired
The major takeaway from the US Presidential election, and from the events which have shaped the first two weeks of Donald Trump’s Presidency - both his actions and the reactions of his opponents - is that America is tired. It is not difficult to see why since the US has for decades been behaving in a way that was guaranteed [...]
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Shock: Americans’ Wages Dropping Fast in 2016
Federal data released Aug. 9 shows that Americans’ wages are dropping again, seven years after President Barack Obama declared the economy had recovered from the property-bubble — and three months before the 2016 election. [...]
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Stop eroding faith in gov’t: DOJ warns courts about fining & jailing poor people
The US Justice Department cautioned local courts that it is unconstitutional to jail someone for not paying fines without determining whether they are able to pay, and warned against using court fees to generate revenue for cities. The warnings came as part of an effort to reform court practices that “perpetuate poverty an [...]
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Betting on the Wall Street Crash
The 2008 Wall Street crash resulted from a combination of unrestrained greed and political contempt for government regulators who might have prevented the devastation. In The Big Short, the tale is told from the perspective of a few players who saw the inevitable and made money on the crash, writes James DiEugenio. If you rea [...]
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To Create ‘Better World Than This,’ New Alliance Targets Destructive Inequality
The goal? A total revamp of the economic system that sidelines the interests of the majority. The time? Now. And the stakes couldn't be higher. At issue is the global inequality crisis that is "spiraling out of control," an alliance of nine groups including Amnesty International, Association for Women's Rights in Development, [...]
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American nightmare: Rich, poor and middle-class no more
The US economy is generating breathtaking wealth for an elite minority of the population at the expense of millions of people now tumbling through the gaping cracks of the system. So why do we continue to watch the painful spectacle year after year? America’s once-glorified middle-class is on its way to being relegated to t [...]
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“Future Economic Historians” Will Probably Call the Period That Began In 2007 “the L-O-N-G-E-S-T DEPRESSION”
Sure, last year was the first pre-election year stock market loss since the Great Depression. And admittedly, last week was the worst opening week of any year … EVER. But that’s not the big news. The bigger news is that the Baltic Dry Index has crashed. [...]
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How Debt Conquered America | Consortiumnews
America presents itself to the world as “the land of the free” but – for the vast majority – it is a place of enslaving indebtedness, a reality for much of “the 99%” that has deep historical roots hidden or “lost” from our history, as Jada Thacker explains. Since its center-stage debut during the Occupy Wall S [...]
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US Stocks Suffer Biggest Slump in 119 Years
US stocks tumbled after China's stock market crashed seven percent overnight on Thursday and crude fell to the lowest level in more than 12 years. In the recent four days, the Dow Jones index has plummeted 911 points, or more than five percent so far in 2016, making it the worst four-day percentage loss to start a year on rec [...]
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Is a $15 an Hour Minimum Wage Adequate?
Social movements calling for raising the minimum wage to $15/ hour with yearly adjustments for increases in the cost of living deserve support. However, earning $15/ hour will not guarantee a decent standard of living. An individual working forty hours a week at $15/ hour for an entire year earns $31,200, an income that is mo [...]
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Ecological Meltdown And Nuclear Conflict: The Relevance Of Gandhi In The Modern World
A few months ago, entrepreneur Charles Devenish contacted me to tell me about his plans to develop various mining enterprises across India. He spoke about the massive amounts of untapped mineral resources lying beneath India that is just lying there and has been for a long time. [...]
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