Wednesday, November 12, 2014

2014-11-10 The world under the Greater Depression - destroying the middle class

2014-11-10 The world under the Greater Depression - destroying the middle class
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America and Russia's Richest Lead the World In Sucking Up Wealth from the Rest of Us
By Paul Buchheit, AlterNet
American wealth has been sucked away from the middle to a greater extent than in any major country except Russia. 
In the US - 43 people own as much as half of America.
Median household wealth in the United States has dropped, stunningly, by 43 percent since 2007 - from $98,872 to $56,335.
The impoverishment of the middle class in the United States continues, while President Obama claims that "We've recovered faster and come farther than almost any other advanced country on Earth"
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http://act.alternet.org/go/54104…
American wealth has been sucked away from the middle to a greater extent than in...
ALTERNET.ORG

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