Saturday, January 17, 2015

US the richest country on earth, eh

http://www.huffingtonpost.com/2015/01/16/southern-education-foundation-children-poverty_n_6489970.html

"For the first time, more than half of U.S. public school students live in low-income households, according to a new analysis from the Southern Education Foundation.
Overall, 51 percent of U.S. schoolchildren came from low-income households in 2013, according to the foundation, which analyzed data from National Center for Education Statistics on students eligible for free or reduced-price lunches. Eligibility for free or subsidized lunch for students from low-income households serves as a proxy for gauging poverty, says the foundation, which advocates education equity for students in the South.
The report shows the percentage of schoolchildren from poor households has grown steadily for nearly a quarter-century, from 32 percent in 1989. "By 2006, the national rate was 42 percent and, after the Great Recession, the rate climbed in 2011 to 48 percent," says the report."

Our income distribution is going back to the time where someone in a castle hoarded all the wealth, while everyone else was a servant or vassal.  I don't like it.

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