By Paul Buchheit
July 2, 2018
Source: http://www.informationclearinghouse.info/49769.htm
July 2, 2018
Source: http://www.informationclearinghouse.info/49769.htm
The
extreme level of inequality in the U.S. is battering the poor
Deniers like Nikki Haley refuse to admit that
mass poverty exists in their prosperous nation. That would reflect poorly on their
capitalist beliefs. But if the skeptics would look at the half of America they
don't care to see, the stark display of destitution might shock them. At least
until they invent an excuse to remove it all from their minds.
The U.S. poverty rate in 2016 was between 12.7 and 14.0 percent.
But the poverty threshold is
based on an outmoded formula from the
1960s. According to the Congressional Research Service (CRS),
the threshold should be THREE TIMES HIGHER today. And it could be even higher
if the true nature of poverty is considered.
