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The Economy is Broken February 21, 2006

Posted by ultor in economics.
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  • There are 37,000,000 Americans living below the poverty line. That’s 12.7%, more than any other industrialized country.
  • The number of poor has increased by 5,000,000 under the Bush administration.
  • There are 46,000,000 Americans without health insurance.
  • Both those numbers have increased every year since 2000.
  • Save the Children, an organization most Americans probably associate more with Darfur or post-quake Pakistan, operates programs in eastern Kentucky.

It would be really very easy to blame George Bush for this, and more than slightly appropriate. But a better question to ask – especially with an election coming up – is whether the rational response to this information isn’t to reconsider the economic policies we’ve been following instead of pledging “more of the same”?

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