Moral Outrage
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Posts Tagged ‘unemployed

Poverty in the sputtering American economy

September 22, 2011

A snapshot of how Americans are faring more than two years after the recession: Americans below the poverty line in 2010: 46.2 million Last time the poverty level was this high: 1993 Poverty line in 2010: $22,314 for a family of four, or $11,139 for an individual Rough amount the poor are living on per […]

Half of every dollar we pay in Federal taxes goes into the military account

August 4, 2011

Seymour Melman, a professor emeritus at Columbia University, once said, “We have gone mad,” citing presidents and Pentagon chiefs starting new wars even before they finish fighting the old ones! Who can recall a time in our history when the U.S. initiated aggressive wars against five nations (Afghanistan, Iraq, Pakistan, Libya, Yemen)? Between 1947 and […]

The European Spring – Is Revolution underway?

June 27, 2011

Has Capitalism hung itself in its excess? Underlying what I prefer to call the Mediterranean Spring rather than the European Spring are a host of symptoms of a highly infectious pandemic of rejection of the capitalist system. The movement of the movements infecting Spanish youth camping on the plazas of their nation today is transversal. […]

McDonalds McJobs fast food career the new American dream?

June 6, 2011

Three ongoing military campaigns that are costing the US a fortune give no comfort for the nearly 14 million unemployed Americans. With food stamps and a minimum wage the only hope for many, a career at McDonald’s has now become appealing. In April, the company launched its first ever national hiring day. Nearly one million […]

America in decline through European eyes

January 5, 2011

The estimated 2 million unemployed Americans who almost had no benefits this Christmas seems a horror show to Europeans, made worse by the fact that the U.S. government does not provide any medical insurance to American unemployment recipients. Europeans routinely recoil at that in disbelief and disgust. The European Union has a larger economy and […]

Wall Street and its 10 most ridiculous lies of 2010

December 31, 2010

1.”Honest, we didn’t do it!” Sadly, their blame-shifting strategy worked, bamboozling the media and people across the political spectrum. Crooks? Morons? Take your pick. 2.”The overall costs will be incredibly small in comparison to almost any experience we can look at in the United States or around the world.” Ever since Treasury Secretary Timothy Geithner […]

The Economic Recovery is not recovering

August 13, 2010

Does anyone ever learn from history, or care about how communities are being destroyed as a financial crisis becomes a social crisis at the grass roots level? Congress slashes funding for food stamps so the unemployed and poor –some 41 million people who rely on them– will have to cut back further. All the talk […]

Sad Stats and Sinking Status of the U.S. Middle Class

July 18, 2010

The rich are getting richer and the poor are getting poorer at a staggering rate. Once upon a time, the United States had the largest and most prosperous middle class in the history of the world, but now that is changing at a blinding pace. 22 statistics detailed here prove beyond a shadow of a doubt […]

Americans –finally—take to the streets protesting Wall Street frustrations

May 2, 2010

Thousands of workers and union leaders marched on Wall Street to express their anger over lost jobs, the taxpayer-funded bailout of financial institutions and questionable lending practices by big banks. The rally was organized by the AFL-CIO and an association of community groups. It included a diverse mixture of union workers, activists, the unemployed, and […]

24 U.S. States’ Unemployment Funds in the red, 9 more within 6 months

January 23, 2010

The record 20 million Americans who collected unemployment insurance benefits last year landed on a safety net that was already deeply frayed. A historical compromise has left responsibility for unemployment benefits largely in the hands of States, and they have fulfilled this charge with varying degrees of effectiveness. So far 25 States have borrowed more […]