Monterey, CA Income Divide In America Is A Big Problem
by Richard Kuehn on 01/05/14
View From A Non-Profit Serving Carmel, Carmel Valley, Gonzalez, Greenfield, King City, Marina, Monterey, Pacific Grove, Pebble Beach, Salinas, Seaside And Soledad California
President Lyndon B. Johnson declared a war on poverty 50 years ago but if he were alive today he would be disappointed to see how many low income American's are trying to survive today. Since Johnson began the New Deal, the poverty rate in this country has dropped only 4 percentage points, from 19% in 1954 to 15% today. The Federal government says there are 45 million Americans who live in households where their income is scarcely adequate. Although there have been great gains in the economy here, most of the wealth has filtered to our nation's richest. President Barack Obama has called this inequality the defining challenge of our time. Unfortunately, the Republican party is trying to dramatically cut food stamps and unemployment insurance, so these numbers could get larger in the future.
Please note that this blog reflects my personal opinion and may or may not reflect the opinion of Hands To Help Seniors and the individual members comprising the Board of Governors.
