80 Percent Of U.S. Adults Face Near-Poverty, Unemployment: SurveyWASHINGTON — Four out of 5 U.S. adults struggle with joblessness, near-poverty or reliance on welfare for at least parts of their lives, a sign of deteriorating economic security and an elusive American dream.
Survey data exclusive to The Associated Press points to an increasingly globalized U.S. economy, the widening gap between rich and poor, and the loss of good-paying manufacturing jobs as reasons for the trend.
The findings come as President Barack Obama tries to renew his administration's emphasis on the economy, saying in recent speeches that his highest priority is to "rebuild ladders of opportunity" and reverse income inequality.
Do'h!... for at least parts of their lives ...
Europe is worse. The rest of the world is worse than Europe.
Do'h!
:doh
Oh... well then... nothing could possibly be better then, eh? Just settle for top of the cesspool... and be happy...
g
The gauge defines "economic insecurity" as experiencing unemployment at some point in their working lives....
That pretty much includes everybody, doesn't it? Who goes through his working life without experiencing unemployment at some point?
Europe is worse. The rest of the world is worse than Europe.
Well on our way to...being historically the most prosperous nation in the Universe. How they can make the claim exactly the opposite, and some people believe it....it's quite amazing.
Oddly enough, at 33, I have yet to face unemployment or poverty in my life. I may just be on my way to being a 1%er.
Oh... well then... nothing could possibly be better then, eh? Just settle for top of the cesspool... and be happy...
g
Oddly enough, at 33, I have yet to face unemployment or poverty in my life. I may just be on my way to being a 1%er.
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