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walkingman

(8,808 posts)
1. Most Americans do not realize just how bad it really is .....
Mon Jul 10, 2023, 06:18 PM
Jul 2023

The United States has the highest standards of living at the middle and upper ends of the income distribution scale, yet for children at the lower end, their standards of living fall behind most other industrialized nations.

In fact, the US ranks last among 26 OECD countries. U.S. rates of poverty are substantially higher and more extreme than those found in the other 25 nations.

Our poverty rate as of 2020 is 39.8%. REPEAT....almost 40% of Americans are living in poverty with 21% being children.

The Laissez-faire Capitalism since 1980 has driven us lower and lower.

Regardless of the reasons...that is disgusting and so wrong.

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