Posts Tagged ‘living standards’

poverty

Rolling Stone with the reality check (mate):

1. New income generated since 2009 that has gone to the top 1 percent: 95 percent

2. Financial wealth controlled by the bottom 60 percent of all Americans: 2.3 percent

3. Record combined wealth of the top 400 richest Americans: $2,000,000,000,000

4. Real decline in median middle-class incomes since 1999: $5,000

5. Percentage of Hispanic and African-American children living in poverty, respectively: 33.8 percent; 36.7 percent

6. Amount that food stamps will be cut in 2014: $5 billion

7. Federal minimum wage: $7.25

8. What the minimum wage would be if it had kept pace with gains in worker productivity since 1968: $21.72