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In reply to the discussion: Does anyone else have a problem with this? [View all]Fire Walk With Me
(38,893 posts)14. "Number of working poor families grows as wealth gap widens"
http://www.democraticunderground.com/12524990
Content of the above link:
OccupyPhoenix ?@occupyphoenix
The working poor get poorer! @Reuters: Number of working poor families grows as wealth gap widens http://reut.rs/13xEqor
http://www.reuters.com/article/2013/01/15/us-usa-economy-workingpoor-idUSBRE90E05520130115
More working parents have taken jobs as cashiers, maids, waiters and other low-wage jobs in fast growing sectors that offer fewer hours and benefits, according to The Working Poor Project, a privately funded effort aimed at improving economic security for low-income families.
The result is 200,000 more such working families - the so-called "working poor" - emerged in 2011 than in 2010, according to the report, based on analysis of the most recent U.S. Census Bureau data.
About 10.4 million such families - or 47.5 million Americans - now live near poverty, defined as earning less than 200 percent of the official poverty rate, which is $22,811 for a family of four.
Overall, nearly one-third of working families now struggle, up from 31 percent in 2010 and 28 percent in 2007, when the recession began, according to the analysis.
(More at the link.)
Content of the above link:
OccupyPhoenix ?@occupyphoenix
The working poor get poorer! @Reuters: Number of working poor families grows as wealth gap widens http://reut.rs/13xEqor
http://www.reuters.com/article/2013/01/15/us-usa-economy-workingpoor-idUSBRE90E05520130115
More working parents have taken jobs as cashiers, maids, waiters and other low-wage jobs in fast growing sectors that offer fewer hours and benefits, according to The Working Poor Project, a privately funded effort aimed at improving economic security for low-income families.
The result is 200,000 more such working families - the so-called "working poor" - emerged in 2011 than in 2010, according to the report, based on analysis of the most recent U.S. Census Bureau data.
About 10.4 million such families - or 47.5 million Americans - now live near poverty, defined as earning less than 200 percent of the official poverty rate, which is $22,811 for a family of four.
Overall, nearly one-third of working families now struggle, up from 31 percent in 2010 and 28 percent in 2007, when the recession began, according to the analysis.
(More at the link.)
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Median income fell last year (& has been falling). So no, 'middle class compensation' hasn't
HiPointDem
Jan 2013
#32
They're not bailing out wall street and corrupt banks and allowing capitalism to take its
Fire Walk With Me
Jan 2013
#7
I remember when the Japanese brought this up as an American mistake. We didn't learn.
freshwest
Jan 2013
#10
Different generation, not as hard talking as in the past. We're always trying to be neutral as a way
freshwest
Jan 2013
#16
I totally agree with you. I think his heart is there. And he is as frustrated as we are. nt
SunSeeker
Jan 2013
#20
and this is what happens when people vote in pro-corporate, anti-labor legislators in both parties
antigop
Jan 2013
#22
Immediately eliminate the "Citizens United" ruling. Immediately reinstate Glass-Steagall.
Fire Walk With Me
Jan 2013
#25