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20%  
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  • L.A. Times: 60 Million People Live on Less than $2,555 a Year? (Less than 7 dollars a day)

    01/13/2008 12:53:55 PM PST · by Dan Evans · 36 replies · 271+ views
    The L.A. Times editorialized in December: If tranquillity is best assured by “a more equal distribution” of the nation’s wealth, we have much to fear. Our schools are faltering; our healthcare system leaves millions without access to doctors. Many are homeless or face the loss of homes. Some seethe at illegal immigrants who compete with Americans for jobs. In our America, 60 million people survive on $7 a day. Annie Jacobsen was skeptical of that number, and wrote a fascinating piece about where this statistic came from. She notes that, if you accept this number, it means that fully 60...