It's enough to make you want to holler--it's being reported again this week that profits for corporations in America are at record levels, and yet wages are at an all-time low. And how does it follow that extreme poverty (defined as income less than half the federal poverty line) in the United States has increased by 50% since 2000--from 4.7% to 6.7%? (On a related note, how can anyone not be bothered by the fact that at least 1 out of 20 Americans lives in extreme poverty in the richest nation on earth? Other than Antoinettes, I mean....)
I know plenty of others are reporting on this, but still, you have to feel for all the young folks who still have lifetimes of dealing with corporate America knowing that they're pretty much guaranteed to draw the short end of the stick when it comes to benefits and wages. There was a time when all Americans shared in corporate prosperity, but those days have disappeared.
We are traveling in uncharted waters, not such as those searching for the New World, but those that seek out the evil creatures of the deep. It's downright scary.
Peace,
emaycee
Tuesday, June 26, 2012
Hey, what's goin' on?
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