New Evidence That Half Of America Is Broke

Source: www.commondreams.org | Original Post Date: February 9, 2015 –

“Happy Monday! S&P 500 now up 10% for year” —CNN Money 

“Third-quarter U.S. economic growth strongest in 11 years” —Reuters 

“The U.S. economy is on a tear” —Wall Street Journal 

Half of our nation, by all reasonable estimates of human need, is in poverty. The jubilant headlines above speak for people whose view is distorted by growing financial wealth. The argument for a barely surviving half of America has been made before, but important new data is available to strengthen the case.