Current Events & Trends: Poverty on the rise in America
article by Jerold Aust, John Ross Schroeder
A London Times analytical report from the United States revealed that "figures from the US Census Bureau suggest that the economic crisis sparked in 2007 has turned the US into an 'hourglass' society, with a shrinking middle class squeezed between the very affluent and the very poor.
Source: Photos.com. . . The spending power of those in the middle is falling and real median income, at $50,054 (£30,000) remains 8 per cent below pre-recession levels" (Alexandra Frean, "A Squeezed Society," Oct. 6, 2012).
Introduced back in 1961, "America's main weapon against hunger is the Federal Government's food stamps programme, which provides a record 47 million people with funds to buy groceries" (Rhys Blakely, "This Is Our Nation Too, Say America's Invisible Poor," Oct. 6, 2012).
According to Mr. Blakely's report, "Nearly a quarter of the nation's children live in poverty . . . and the number of people living on less than $2 a day has doubled since 1966."
This simply should not be in a nation so abundantly blessed by God as He predetermined so long ago in the book of Genesis. To understand what's happened, read our Bible study aid booklet The United States and Britain in Bible Prophecy . (Source: The Times [London].)
.
No comments:
Post a Comment