"HELLO INFANT I AM BELUGA WHALE"
Study: Over 21 Million U.S. Households Can’t Afford Their Rent
Experts warn that spending over 30% of your income on rent is a recipe for disaster. Still, many…
By every measure, [America looks] like a broken banana republic. Not a single U.S. city is included in the world’s top 10 most livable cities. Only one U.S. airport makes the list of the top 100 in the world. Our roads, schools and bridges are falling apart, and our trains — none of them high-speed — are running off their tracks. Our high school students are rated 30th in math, and some 30 countries have longer life expectancy and lower rates of infant mortality. The only things America is number one in these days are the number of incarcerated citizens per capita and adult onset diabetes.
Three decades of trickledown economics; the monopolization, privatization and deregulation of industry; and the destruction of labor protection has resulted in 50 million Americans living in abject poverty, while 400 individuals own more than one-half of the nation’s wealth. As the four Walmart heirs enjoy a higher net worth than the bottom 40 percent, our nation’s sense of food insecurity is more on par with developing countries like Indonesia and Tanzania than with OECD nations like Australia and Canada. In fact, the percentage of Americans who say they could not afford the food needed to feed their families at some point in the last year is three times that of Germany, more than twice than Italy and Canada.
The destruction of labor has been so comprehensive that first-world nations now offshore their jobs to the U.S. In other words, we’ve become the new India. Foreign companies now see us as the world’s cheap labor force, and we have the non-unionized South to thank for that.