The U.S. Is Now a ‘Third World’ Country
4.3% of Americans Survive on Less than $2/Day –
That’s Considered Poor in Even the Poorest Lands
Eric Zuesse
Washingtonsblog.com
August 31, 2014
Slightly more than one American household with children in every 25 is surviving on less than $2 per day of income from all sources. One quarter of that 4.3% (that’s 1% of all Americans with children) receive less than $1.25 per day. One third (that’s about 1.33% of all Americans) receive between $1.25 and $2. Another third of that 4.3% receive enough government benefits to be living on between $1.25 and $2 a day. A tiny 0.1% of that 4.3% are even surviving somehow on “Negative income & benefits.”
On 26 August 2014, the co-authors of a Brookings Institution paper published a chart of those findings (reproduced here below, courtesy of the Brookings Institution) that looks like it might be some painting at the Museum of Modern Art, though what it refers to isn’t nearly so pretty, and is actually quite miserable:
The Rest…HERE