Tuesday, May 28, 2013

Half of America is in or Near Poverty -- and It’s Getting Worse

Inequality is at its ugliest for the hungriest people. While food support was being targeted for cuts, just 20 rich Americans made as much from their 2012 investments as the entire 2012 SNAP (food assistance) budget, which serves 47 million people.
And as Congress continues to cut life-sustaining programs, its members should note that their 400 friends on the Forbes list made more from their stock market gains last year than the total amount of the foodhousing, and education budgets combined.

Half of America is in or Near Poverty -- and It’s Getting Worse