Showing posts with label america. Show all posts
Showing posts with label america. Show all posts

Thursday, March 3, 2011

Inequality in the United States

Not many people know, realize, or acknowledge that the gap between the rich and the poor in the US has been growing alarmingly fast over the past 50 or so years. Sure, we've all heard the news about the sorry state of the job market while Wall Street CEOs give each other hundreds of millions of dollars in bonuses, but most of us never surmised exactly how dark the future looked for us and our children.

Here's a graph showing exactly how big that gap has grown:


And here's how that compares to how Americans want it to be:

Don't get me wrong, an essential part of capitalism involves the rich being insanely wealthy while the rest remain destitute, but the degree to which America is now experiencing that is now nearly unprecedented.
Back in 2008, the US passed a .45 on the Gini Ratio, the ratio which measures the concentration of wealth. If a nation were to reach a Gini ratio of exactly 1, the wealth of that nation would lie solely in the hands of a single individual. As it stands, America's coefficient is surpassed only by third-world countries.

Now, one in five Americans shows an inability to afford food: http://frac.org/nearly-one-in-five-americans-report-inability-to-afford-enough-food/

So what can you do with this knowledge? Simply have it, and know it, and act upon it as you see fit. For a brighter future.

Wednesday, November 17, 2010

On Politics Today

"Should any political party attempt to abolish social security, unemployment insurance, and eliminate labor laws and farm programs, you would not hear of that party again in our political history. There is a tiny splinter group, of course, that believes you can do these things. Among them are H. L. Hunt (you possibly know his background), a few other Texas oil millionaires, and an occasional politician or business man from other areas. Their number is negligible and they are stupid."
-Republican President Dwight D. Eisenhower,
in a letter to his brother Edgar on November 8, 1954

Short of changing human nature, therefore, the only way to achieve a practical, livable peace in a world of competing nations is to take the profit out of war ?
-President Richard Nixon,
Real Peace 1983

Every gun that is made, every warship launched, every rocket fired signifies, in the final sense, a theft from those who hunger and are not fed; those who are cold and are not clothed ?
-President Eisenhower,
The Chance For Peace, April 1963

Japan was already defeated ... dropping the bomb was completely unnecessary.
-General and Future President Eisenhower

To occupy Iraq would instantly shatter our coalition, turning the whole Arab world against us and make a broken tyrant into a latter-day hero ... assigning young soldiers to a fruitless hunt for a securely entrenched dictator and condemning them to fight in what would be an un-winnable urban guerilla war. It could only plunge that part of the world into even greater instability.
-George Bush Sr,
A World Transformed, 1998

This, I believe, serves to demonstrate how politically far right the United States has been getting pulled over the last couple of years.