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Politics : Don't Blame Me, I Voted For Kerry -- Ignore unavailable to you. Want to Upgrade?


To: TopCat who wrote (12237)4/4/2004 7:02:17 PM
From: geode00Read Replies (1) | Respond to of 81568
 
The US as Banana Republic. We are heading towards being a two state nation. Hey, we can live like those people in other banana republics, behind concrete walls topped with broken glass :)

Why can't a business like Walmart succeed without breaking the law and requiring taxpayers to fund it? What is this, the Soviet Union for goodness sake?

Whatever happens to all the capitalists on this thread when a big business' nefarious dealings are discussed? I guess it's a kind of odd socialism (cost without ownership) for big businesses and the wealthy and cold hard darwinism for small businesses and middle class individuals.

Gee.

pbs.org

pbs.org
Overview

October 2003 figures from the U.S. Census Bureau make stark reading:
Median household incomes are falling
The number of Americans without health insurance rose by 5.7 percent to 43.6 million individuals
The number of people living below the poverty line ($18,392 for a family of four) climbed to 12.1 percent — 34.6 million people.
Wages make up the majority of income for most American families. As "Downward Mobility," NOW's report on workers and wages illustrates, many American workers are facing corporate efforts to cut pay and benefits, which could lead to more American families struggling to stay out of poverty.
The precarious position of those at the bottom of the wage scale is due to a number of factors. Americans are working more — more women are working for wages and all are working more hours. On average, a middle income married couple with children had added an average of 20 weeks of work per year since 1970. Still, it's increasingly hard for families to make ends meet. According to October 2003 formulations of the Economic Policy Institute, drawn from Bureau of Labor Statistics figures, the purchasing power of the minimum wage has declined.

One measure of how families at the lower end of the wage scale struggle is the federal figures on food insecurity. According to the USDA, food insecurity is: "limited or uncertain availability of nutritionally adequate and safe foods or limited or uncertain ability to acquire acceptable foods in socially acceptable ways." In 2002 the national rate for food insecurity was 10.7 percent. Of those who are food insecure, only 36.5 percent live officially below the poverty line. The Economic Policy Institute offers regional calculators to illustrate just how much income different types of families need to make ends meet.