EXCLUSIVE: SIGNS OF DECLINING ECONOMIC SECURITY
WASHINGTON (AP) — Four out of 5 U.S. adults struggle with joblessness, near poverty or reliance on welfare for at least parts of their lives, a sign of deteriorating economic security and an elusive American dream.That it comes from the AP is what's really amazing, usually they're very pro Obama and loath to report on anything critical of him. Which is why you see the excuses right up front.
Survey data exclusive to The Associated Press points to an increasingly globalized U.S. economy, the widening gap between rich and poor and loss of good-paying manufacturing jobs as reasons for the trend.
The findings come as President Barack Obama tries to renew his administration's emphasis on the economy, saying in recent speeches that his highest priority is to "rebuild ladders of opportunity" and reverse income inequality.
Hardship is particularly on the rise among whites, based on several measures. Pessimism among that racial group about their families' economic futures has climbed to the highest point since at least 1987. In the most recent AP-GfK poll, 63 percent of whites called the economy "poor."
"I think it's going to get worse," said Irene Salyers, 52, of Buchanan County, Va., a declining coal region in Appalachia. Married and divorced three times, Salyers now helps run a fruit and vegetable stand with her boyfriend, but it doesn't generate much income. They live mostly off government disability checks.~snip~
Things like globalization, the rich and poor gap and the loss of good manufacturing jobs without going into a lot of detail why those conditions exist.
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Although later on they do hint to the problem of single motherhood and then separate the statistic of more children living in poverty. Like there is no correlation between the two.
Globalization and the lack of manufacturing jobs can be linked to the draconian obstacles that liberal/commie democrat politicians place in front of business driving them to other business friendlier areas.
Knowing the what does nothing to solve the why, making excuses for the piss poor administration that we have does nothing to confront them with their failure to stimulate growth in the jobs sector.
We all know what the problem is so the question is when will the media confront and make this administration accountable for these dismal statistics and demand to know what they are going to do about it.