Day: January 31, 2013

Poverty Level In US Higher Than Any “Developed” Nation

After nearly thirty years of the “Reagan Revolution”, the triumph of the conservative movement,. America ends up, in published data, as the worst nation on its poverty level of any “developed” nation.

The Economic Policy Institute has published data that show the following:

22 nations in Europe, plus Canada, and Australia and New Zealand and Japan, have a lower poverty rate, with the US having a 17.3 percent rate.

25 nations have a lower child poverty rate, with the US having a 17.1 percent rate.

America has a more stratified class system than any of the other democracies, and we always hear that we do not wish to be like Europe, Canada, Australia, New Zealand and Japan.

Certainly, we have a lot to be proud of in our history, but we also have to recognize that the standard of living has declined under the “Reagan Revolution”, and now we are trying to dig ourselves out, and to refuse to recognize the high poverty rate, and particularly its effect on children, we are harming the future of our nation!