SIDEBAR
»
S
I
D
E
B
A
R
«
Inequality makes U.S. look like a Third World county
Aug 4th, 2013 by Warren Swil

Economy, poverty

made worse by

gridlock in Congress

The outstanding report on inequality in America in The New York Times on Thursday. Click image to enlarge.

A SHOCKING IN-DEPTH report on inequality in America, combined with Friday’s less-less-than-stellar jobs reports paints anything but not a pretty picture of the state of the U.S. economy.
Yes, the unemployment rate dipped slightly, but most of that “improvement” was illusory; it came from more people dropping out of the labor force than getting new jobs.
The Thursday Economic Scene column in The New York Times, Inequality in America: The Data is Sobering, is an excellent analysis by Eduardo Porter.
“The United States remains among the richest countries in the world,” Porter writes. “Yet despite its riches, in many areas the United States looks surprisingly, depressingly backward.”


Read the rest of this entry »
SIDEBAR
»
S
I
D
E
B
A
R
«
»  Substance: WordPress   »  Style: Ahren Ahimsa & Martin Black