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Signs of declining economic security
Posted by **Hippie J** on Jul 29, 2013 at 5:20:57 AM:
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.
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.
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hjFollowup Messages:
- Re: Signs of declining economic security - **bon bon** - Jul 29, 2013 at 8:55:48 AM
- Re: Signs of declining economic security - **Hippie J** - Jul 29, 2013 at 5:09:11 PM
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Last updated on Jul 29, 2013