Disaster Casino Capitalism have converted USA into a Military Empire in Total Servitude of International Zionism Part 5

America’s Economic Dark Side

Of all developed nations, the United States has the most unequal distribution of income, and USA is surging towards every greater inequality.
America’s 400 richest elites have more wealth than half the population. Jacob Kornbluth’s new documentary film “Inequality for All” examines disturbing truths.
US inequality is at historic highs. Since 1970, America’s economy doubled. The top 1% benefited hugely. They earn more than 20% of national income. It’s triple their 1970 percentage.
The gap between rich and all others keeps widening. Inequality hurts everyone and since economic recovery began in 2009, America’s top 1% got 95% of the gains.
USA has less upward mobility than any other developed country. If someone is poor in USA will remain poor for ever and if someone is lower middle class will remain in lower middle class for ever.
Now USA have turned into “100 percent plutocracy nation” Inequality is fueling public anger and is hurting the economic growth. The US economic system only benefits the privileged few and it harms most others and is undermining America and is expecting worse ahead.
So-called US economic recovery is fake. Main Street poverty, unemployment, underemployment, hunger and homelessness are at Depression era levels.
Half of all US households are impoverished or bordering it. Recovery benefited only America’s most well off. Most others endure deepening deprivation.
According to the famous economist Emmanuel Saez:
”For the first time in nearly 100 years, the percentage of income taken by the top 10 percent of Americans topped 50 percent.”
From 2009 to 2012, “top 1% incomes grew by 31.4% while bottom 99% incomes grew by only 0.4%.” Adjusted for inflation, they declined considerably.
From 2007 – 2009, average real family income in USA declined 17.4%. It’s more than any period since the Great Depression. Only wealthy Americans recovered and the conditions for most others went from bad to worse.
Russell Sage Foundation president Sheldon Danziger said:
“The continued high rate of poverty is no surprise, given ongoing high unemployment, stagnant wages and government spending cuts.”
”Poverty is higher today than it was in 2000, and household incomes are lower. The ‘lost decade’ is likely to turn into ‘two lost decades.’ “
America’s wealth distribution is extreme. It keeps shifting disproportionately upward. Financial elites run America. Whatever they want they get. Popular needs go begging. Things go from bad to worse.
Census data show around half of US households impoverished or bordering it.
Over 20% of US households haven’t enough money for food and other essentials. Food costs are rising. Family incomes are falling. America’s most needy are harmed most. So will tens of millions of children. They are ending up without enough to eat.America’s great divide is greater than ever. In 2009, around half of US households had no assets. Today it’s more than half.
Most Americans don’t earn enough to live on. Things go from bad to worse. Hardwired inequality is deepening. Casino capitalism takes precedence. America’s criminal rich elite casino capitalist elites class alone benefits. Ordinary people are swindled. Venal politicians serve wealth, power and privilege. Democrats and Republicans are in lockstep. Only the rich casino capitalists benefit at the expense of most others.
It’s harder than ever for millions of disadvantaged households to survive. Their numbers keep growing exponentially. Vital social protections are eroding. It’s happening when they’re most needed.
“By race, nonwhites still have a higher risk of being economically insecure, at 90 percent.”
”But compared with the official poverty rate, some of the biggest jumps under the newer measure are among whites, with more than 76 percent enduring periods of joblessness, life on welfare or near-poverty.”
On July 28, 2013, Associated Press headlined “Exclusive: Signs of Declining Economic Security,” saying:
“Four out of 5 US adults struggle with joblessness, near poverty or reliance on welfare for at least parts of their lives. It’s a disturbing “sign of deteriorating economic security and an elusive American dream.”
”By 2030, based on the current trend of widening income inequality, close to 85 percent of all working-age adults in the US will experience bouts of economic insecurity.”
“Just 45 percent say their family will have a good chance of improving their economic position based on the way things are in America,” said Associated Press.
Recent opinion polls show over 80% of Americans mostly don’t trust government. Congress’ approval rating is 11%.
It’s barely above its all-time February and August 2012 10% low. Given the margin of error, they’re’s virtually no difference between then and now.
Americans are suffering. Things go from bad to worse. Republicans and Democrats in the parliament are cutting social protections for people when they are most needed.
The Homeless in America
On any given night in January 2012, 633,782 people are homeless in the U.S, 394,379 as individuals(62%) and 239,403 as families(38%) 62,619 were war veterans (10%)
–With 6,371 homeless war veterans in Los Angeles alone 99,894 people are chronically homeless(16%)
[Chronic homelessness= being homeless for more than a year. Or having four episodes of homelessness is 3 years, and a disability.]

With 5 states accounting for nearly half the homeless population:

California (20.7%)
New York (11%)
Florida (8.7%)
Texas (5.4%)
Georgia (3.2%)

Disaster Casino Capitalism have converted USA into a Military Empire in Total Servitude of International Zionism Part 4
Disaster Casino Capitalism have converted USA into a Military Empire in Total Servitude of International Zionism Part 3
Disaster Casino Capitalism have converted USA into a Military Empire in Total Servitude of International Zionism Part 2
Disaster Casino Capitalism have converted USA into a Military Empire in Total Servitude of International Zionism part 1

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