After reading this report from the US National Poverty Centre, I couldn't help but to be both fascinated and horrified by the statistics presented. While roughly 52% of us citizens live just above or below the poverty line ($17 per day per individual), 12% of US citizens are in deep poverty ($8.50 per day), and 4.33% of households (1.65 million families) in the US are categorized as subsisting in extreme poverty - with every member only having $2 a day to live on. Which means that, in total, 3.5 million American children are living in conditions only equal to the most degraded and deprived areas in India and Africa.
It is also true that it is calculated that, by 2030, 80% of Americans will find themselves unemployed and having to rely on government assistance for relatively long periods of their lives, all of them having to share only 7% of the country's total wealth. Estimates have not been given as to how much the uppermost stratum of society will have, but as of 2013, the richest 1% have the 47% of all the wealth in the US.
Unfortunately, the Neoliberal model of Capitalism so fanatically promoted (or rather, imposed through economic and military interventionism) by the US over the last 80 years, have slowly crept its way into the ideologies of the political chaste of most developed countries. In Europe, the monetarist model espoused by Angela Merkel has wrecked havoc in the vulnerable Mediterranean economies, and its proving to have disastrous effects in the countries ruled by her coetaneous plutocracy-worshiping technocrats (make no mistake, the UK is closer to an Irish debacle than many want to think, or are willing to admit).
So, my fellow brothers and sisters, I welcome you all back to the Dickensian Epoch! I hope we will all become friends when we find each other slaving away in workhouses... If we are lucky. As Malthus said, starvation, disease and catastrophe naturally correct economic wrongs.

It is also true that it is calculated that, by 2030, 80% of Americans will find themselves unemployed and having to rely on government assistance for relatively long periods of their lives, all of them having to share only 7% of the country's total wealth. Estimates have not been given as to how much the uppermost stratum of society will have, but as of 2013, the richest 1% have the 47% of all the wealth in the US.
Unfortunately, the Neoliberal model of Capitalism so fanatically promoted (or rather, imposed through economic and military interventionism) by the US over the last 80 years, have slowly crept its way into the ideologies of the political chaste of most developed countries. In Europe, the monetarist model espoused by Angela Merkel has wrecked havoc in the vulnerable Mediterranean economies, and its proving to have disastrous effects in the countries ruled by her coetaneous plutocracy-worshiping technocrats (make no mistake, the UK is closer to an Irish debacle than many want to think, or are willing to admit).
So, my fellow brothers and sisters, I welcome you all back to the Dickensian Epoch! I hope we will all become friends when we find each other slaving away in workhouses... If we are lucky. As Malthus said, starvation, disease and catastrophe naturally correct economic wrongs.

