Saturday, November 2, 2013

Americas Greatest Shame: Child Poverty and cutting food assistance. 900 Million vets have food stamps cut

Here's the best of all. After getting $480 billion in bailout cash, the top financiers in the country paid themselves more than $150 billion in bonus money for a job well done. Is this a great country or what?

We are constantly told that the recovery is just around the corner. Liberals say we need more stimulus. Conservatives call for more austerity and cuts in regulations. But all agree that sooner or later more growth will benefit the 99 percent. Unfortunately, it's not happening and it won't happen. Here's why.
First of all, they assume that trickledown actually works, that there is something mechanical within our heavily financialized economy that will bring renewed prosperity to the 99 percent. They look back at previous recessions and recoveries and continue to believe that slumps are followed by renewed growth and income gains for all.

http://www.alternet.org/hard-times-usa/americas-greatest-shame-child-poverty-rises-and-food-stamps-cut-while-billionaires?page=0%2C1&akid=11103.294211.eIKrgP&rd=1&src=newsletter918440&t=3

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