Three decades of trickledown economics; the monopolization,
privatization and deregulation of industry; and the destruction of labor
protection has resulted in 50 million Americans living in abject
poverty, while 400 individuals own more than one-half of the nation’s
wealth. As the four Walmart heirs enjoy a higher net worth than the
bottom 40 percent, our nation’s sense of food insecurity is more on par
with developing countries like Indonesia and Tanzania than with OECD
nations like Australia and Canada. In fact, the percentage of Americans
who say they could not afford the food needed to feed their families at
some point in the last year is three times that of Germany, more than
twice than Italy and Canada.
Our roads, schools and bridges are falling apart, and our trains—none of
them high-speed—are running off their tracks. Our high school students
are rated 30th in math, and some 30 countries have longer life
expectancy and lower rates of infant mortality. The only things America
is number one in these days are the number of incarcerated citizens per
capita and adult onset diabetes.
http://www.alternet.org/economy/america-rich-name-only-look-stats-we-resemble-broken-banana-state?akid=11254.294211.YfSboP&rd=1&src=newsletter934586&t=3
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