80% Of US Adults Are Near Poverty, Rely On Welfare, Or Are Unemployed

Sunday, July 28, 2013
By Paul Martin

by Tyler Durden
ZeroHedge.com
07/28/2013

Despite consumer confidence at a six-year high, the latest AP survey of the real America shows a stunning four out of five U.S. adults struggle with joblessness, are near poverty, or rely on welfare for at least parts of their lives amid signs of deteriorating economic security and an elusive American dream. Hardship is particularly on the rise among whites, based on several measures. Pessimism among whites about their families’ economic futures has climbed to the highest point since at least 1987.

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