TUESDAY, April 23, 2024
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A few facts on US inequality

A few facts on US inequality

As Alf Haupt says, it’s the facts that matter. The Pew Research Centre states, “For most US workers, real wages have been flat or even falling for four decades, regardless of whether the economy has been adding or subtracting jobs.” 

A senior fellow at the Centre for Global Affairs states, “One in 11 children, approximately 6.5 million nationwide, live in extreme poverty” (an average of $12,129 per year for a family of four). 
According to Harvard’s Joint Centre for Housing Studies, “half of the 43 million Americans who rent an apartment are paying more than 30 per cent of their income to their landlord”. And the Guardian tells me “a new government study finds 553,742 people were homeless on a single night in October 2017”. 
Doesn’t sound to me like a country with a bumper Xmas and it certainly wouldn’t fill me with confidence.
Lungstib

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