Tag: "POOR"

INEQUALITY OF WEALTH

INEQUALITY OF WEALTH

THE WORDS OF PLATO “The form of law which I propose would be as follows: In a state which is desirous of being saved from the greatest of all plagues — not faction, but rather distraction — there should exist among the citizens neither extreme poverty nor, again, excessive wealth, for both are productive of […]

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A TRIP TO HONG KONG

A TRIP TO HONG KONG

Hong Kong is just a small reflection of China.
There is a major difference between modern American and Chinese workers.
Hong Kong is full of the contrasts of human nature.

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USA--THE RICH AND THE POOR SEPARATE

USA–THE RICH AND THE POOR SEPARATE

The ideal of an ‘American way of life’ is fading as the working class falls further away from institutions like marriage and religion and the upper class becomes more isolated. Charles Murray on what’s cleaving America, and why. By CHARLES MURRAY, from The Wall Street Journal America is coming apart. For most of our nation’s […]

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BOTH AMERICANS AND THEIR CARS ARE GETTING OLD

BOTH AMERICANS AND THEIR CARS ARE GETTING OLD

Our cars are getting older, too: Average age now 10.8 years From Associated Press The cars and trucks in America’s driveways have reached a record old age, but there are signs that people are growing confident enough in the economy to want a whiff of that new-car scent. The average age of the cars and […]

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HALF OF U.S. ARE LOW INCOME OR POVERTY--CENSUS

HALF OF U.S. ARE LOW INCOME OR POVERTY–CENSUS

Census data: Half of U.S. poor or low income From CBS Squeezed by rising living costs, a record number of Americans — nearly 1 in 2 — have fallen into poverty or are scraping by on earnings that classify them as low income. The latest census data depict a middle class that’s shrinking as unemployment […]

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WEALTH INEQUALITY WIDENS IN THE WORLD

WEALTH INEQUALITY WIDENS IN THE WORLD

WEALTH INEQUALITY Rich-Poor Divide Widens in Developed World By Mark Deen, from Bloomberg The gap between rich and poor is widening across most developed economies as skilled workers reap more rewards and top executives and bankers benefit from a global job market, the Organization for Economic Cooperation and Development said. The average income of the […]

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POVERTY IN THE U.S.A.

POVERTY IN THE U.S.A.

By Ken McIntyre, from The National Review When Americans think of poverty, we tend to picture people who can’t adequately shelter, clothe, and feed themselves or their families. When the Census Bureau defines “poverty,” though, it winds up painting more than 40 million Americans – one in seven – as “poor.” Census officials continue to […]

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