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Institutionalized Inequality in America

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Stephen Lendman
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Imperial priorities take precedence. So does redistributing wealth to bankers, other corporate favorites, and super-rich elites.

It's the American way. It was never beautiful and isn't now.

A three-part Reuters report discussed it. It's titled "The Unequal State of America." It covers the plight of America's "undeserving poor." They struggle out of sight and mind. Growing hardships harm them.

"The American welfare state has grown," said Reuters, "but so have the ranks of the poor." The latter way outstrips the former.

In the 1970s, about one in 50 Americans were on food stamps. Today, it's one in 6.5. At yearend 2008, 31.6 million Americans were on food stamps. Today it's around 48 million and rising. 

Over half the population needs some form of federal aid. Bipartisan complicity plans on cutting it en route to eliminating it altogether. 

A decade or two from now, it may be gone. At the same time, median household income is declining. Unemployment approaches 23%. 

Around 100 million working age Americans are jobless. Most others are underemployed. Conditions are getting worse, not better. Middle America is disappearing.

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VISIT MY WEBSITE: stephenlendman.org (Home - Stephen Lendman). Contact at lendmanstephen@sbcglobal.net.  My two Wall Street books are timely reading: "How Wall Street Fleeces America: Privatized Banking, Government (more...)
 

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