The DashBurst Blog

What Does It Mean to Be Poor in America?

Did you know that since the Great Recession began that 95% of the income growth has went to the top 1%? The rich just keep on getting richer. Yet the recession itself was caused by an economic meltdown orchestrated by a few of the 1% that controls Wall Street. In 2011, roughly 15% or 46.5 million Americans were in poverty. In 2012, the numbers did not improve. To make matters worse, the federal minimum wage today is actually lower than it was in 1966 if you adjust for inflation! The economy is supposedly getting better but for whom?

Source: Andy Warner via Upworthy