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Controversial Book On Obama Appears To Have Lifted Key Quote
income gap
Poverty Rate Isn't Only Bad News for US Economy Lately
By David Knowles - AOL News(Sept. 16) -- As the American economy shows some signs of pulling out of the worst economic downturn since the Great Depression, a host of dire statistics paints a less-than-rosy fiscal portrait for poor and middle-class citizens. Growing Poverty Rate The U.S. Census Bureau announced today that the poverty rate in America rose from 13.2 percent of the population to 14.3 percent. That means that 43.6 million people, a full one out of every seven U.S. citizens, now lives below the poverty line. For a family of four, that means an annual income of $21,954 or less. Growing Number of Uninsured In ...
Growth May Still Leave 95% of Americans Behind
By not in system - AOL NewsTwo generations ago, "two Americas" referred to the sharp divide between prospering Americans and those mired in poverty, stagnation and prejudice, a gulf addressed by Michael Harrington in his influential book, The Other America: Poverty in the United States. ...
Wealth Already Redistributed
By David Knowles - Politics DailyJudging from the clamor found at many a right-leaning website, the biggest remaining gripe that hard-core Republicans have with Barack Obama is what they see as his plan to "redistribute the wealth." Such a move, as his critics see it, smacks of socialism, and socialism is, by definition, a bad thing. Lost in the "Obama is a Socialist!" argument, however, is the basic fact that over the Bush and Clinton years, America has already witnessed a very marked redistribution of the wealth in the other direction. In fact, as BusinessWeek reported back in '04, the income gap between rich and poor is ...
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