Forbes magazine reported that, as of this month, the four hundred richest Americans enjoyed a combined worth of $1.53 trillion, which figure had increased from 1.37 trillion over the previous year. Their combined wealth was thus approximately equivalent to the GDP of Canada. Almost simultaneously, the U.S. Census Bureau announced that the real median household income in the United States had declined to $49,995, or 2.3% from 2009 , while the nation’s poverty rate had increased to 43.569 million people, or 15.1 of the total population, and the number of people without health care insurance had grown to 49.9 million. (Read more)
Archive for the ‘Why are Americans so Docile?’ Category
Why Are Americans So Docile? – Source: Open Salon
Posted by Curmilus Dancy II (Butch) on October 2, 2011
Posted in Unemployment, Why are Americans so Docile? | Leave a Comment »