Thursday, January 1, 2015

DISNEY'S CLUB 33 MEMBERSHIP EQUAL TO POVERTY THRESHOLD

Is this an example of income inequality?



The cost of a 1 year membership to Disney's Club 33 is equal to the yearly income of someone at the poverty line threshold in the US.



For access to what is billed as "the most exclusive address in all of Disneyland" — Club 33 — many members pay $11,000 a year.  Disney alters perks for Club 33 members

There are people who are able and willing to fork over the money just for the privilege of belonging to a Club sponsored by an amusement park. In fact, so many the waiting list had to be closed. 


The annual income threshold for being counted as living in poverty was $11,490 last year for a person and $23,550 for a family of four.

Poverty is particularly dire for single mothers: A third of all families headed by single women were in poverty last year -- that's 15.6 million such households.

The black poverty rate was 27.2 percent, unchanged from 2012 and higher than 24.3 percent before the recession began. More than 11 million black Americans lived below the poverty level last year. About 42.5 percent of the households headed by single black women were in poverty. The Hispanic poverty rate was 23.5 percent.

More than 45 million people, or 14.5 percent of all Americans, lived below the poverty line last year, the Census Bureau reported.  The percentage of Americans in poverty fell from 15 percent in 2012, the biggest such decline since the year 2000. But the level of poverty is still higher than 12.3 percent in 2006, before the recession began.