The pervasive growth of poverty, hunger, and homelessness is the result of the deliberate policies pursued by the ruling class since the 2008 economic crash. First under Bush and then Obama, trillions of dollars have been handed to Wall Street in the form of bank bailouts, followed by unending cuts in wages, benefits and social programs.
These measures have resulted in a historic redistribution of wealth, from the working class to the rich. Just last week, executive compensation research firm Equilar reported that the 100 top-earning CEOs in the US saw their median yearly pay increase by 9 percent in 2013, to $13.9 million each.
The US's billionaires have seen their wealth double since 2009. The 400 richest individuals in the US now have a collective wealth of more than $2 trillion, or 400 times the annual budget of Feeding America and more than one billion times the average annual income for an individual on food stamps.
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