Monday, July 29, 2013

‘Deteriorating US economy won’t change’

The œdeteriorating economic situation” in the US is not going to change unless the American people œget in there and enforce the changes,” says Phil Wilayto, editor of the Virginia Defender newspaper.
New survey data exclusive to the Associated Press have shown that 4 in 5 American adults experience unemployment, near-poverty, or reliance on welfare during periods of their lives.
The AP data also revealed that while racial and ethnic minorities are still more likely to live in poverty, the number of poor whites has grown significantly since the 1970s.
œReally, the majority of Americans, regardless of race, now face economic insecurity at some point in their lives and the rate of poverty is steadily increasing,” said Wilayto in a phone interview with Press TV on Sunday.
The survey data also showed that if the current trend of growing income inequality continues in the US, by 2030, nearly 85 percent of American adults will experience economic insecurity for parts of their lives.
Wilayto said the part of the report that stuck him œthe hardest was that as the rate of economic insecurity rises among the white population, their feelings of insecurity are going to increase and this can result either in joint forces with blacks and Latinos to change conditions for working people altogether or can result in an increased racial tension”.
Wilayto referred to the recent acquittal of George Zimmerman in the death of unarmed black teenager Trayvon Martin and the protests triggered by the not-guilty verdict as an example of œincreased racial tension”.
ISH/ISH
Republished from: Press TV

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