13-05-29 The New Greater Depression - half of America in poverty

Another area, where the US and Israel under their current regimes follow the same policies - impoverishing their own people. A recent OECD study shows that Israel has the highest level of poverty among developed nations. What is impressive is how fast and how effectively such government policies show their disastrous effects. And you ain't seen nothin yet... JZ
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And now!

The Real Numbers: Half of America in Poverty -- and It's Creeping Upward

The Census Bureau has reported that one out of six Americans lives in poverty. A shocking figure. But it's actually much, much worse.

May 26, 2013 |

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The Census Bureau has reported that 15% of Americans live in poverty. A shocking figure. But it's actually much worse. Inequality is spreading like a shadowy disease through our country, infecting more and more households, and leaving a shrinking number of financially secure families to maintain the charade of prosperity.

1. Almost half of Americans had NO assets in 2009
2. It's Even Worse 3 Years Later
3. Based on wage figures, half of Americans are in or near poverty.
4. Based on household expense totals, poverty is creeping into the top half of America.


READ MORE:
http://www.alternet.org/economy/real-numbers-half-america-poverty-and-its-creeping-toward-75-0?akid=10497.1117888.mVkoH8&rd=1&src=newsletter846938&t=13