The new gilded age
Rich get richer… poor get poorer. Welcome to the Reagan-Bush society, bitches!
The nation’s poverty rate rose to 12.7 percent of the population last year, the fourth consecutive annual increase, the Census Bureau said Tuesday.
…
The number of people without health insurance grew from 45 million to 45.8 million. At the same time, the number of people with health insurance coverage grew by 2 million last year.
Note: that last paragraph should read: of the 2.8 million new people eligible for insurance, we only covered 2 million, or a bit over 1/3.
The median household income, meanwhile, stood at $44,389, unchanged from 2003.
Read: while the nation was sliding into poverty, wages were stagnant (going backwards, actually, accounting for inflation), and the top 1% did very, very well for themselves. Bush boom? Not for we, the People.