Poverty rates in the United States rose during the 2000s; it started happening during and because of the economic policies of the illegal Bush regime. The trend was exacerbated by the Great Recession and its aftermath, which, to fair degree, were products of the Bush tax cuts.
The US government is continuously working on behalf of the 1 percent to redistribute income from working Americans to the 1 percent. In this way, Wall profits can constantly move upward. Without this redistribution, corporate profits would go down, down, down, and Wall Street would shrivel up and die. See links below.
According to a study by the Economic Policy Institute (EPI), “By 2010, just over 46 million people fell below the U.S. Census Bureau’s official poverty line (according to data from the Current Population Survey).”
EPI’s “‘The State of Working America, 12th Edition’ puts the U.S. experience with poverty in an international context, comparing the lower end of the wage and income distribution in the United States with that of “peer” countries, largely countries within the Organisation for Economic Co-operation and Development (OECD) with roughly similar GDP per hour worked as the United States.” Check it out at the link below.
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Economic Policy Institute–US Poverty Rates Higher, Safety Nets Weaker
