A Quote by John Edward
I believe it is wrong, in a country of such wealth and prosperity, to have 36 million Americans living in poverty.
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During the last two years the wealthiest 14 Americans saw their wealth increase by $157 billion. This is truly unbelievable. This $157 billion INCREASE in wealth among 14 individuals is more wealth that is owned, collectively, by 130 million Americans. This country does not survive morally, economically or politically when so few have so much, and so many have so little.
Of the seven million Americans living abroad, one million are military, and not all of them are Republicans. The other six million are overwhelmingly Democrat because people who live in foreign countries have a much different perspective as to what is happening in our country.
In my view, there is no justice when the 15 wealthiest people in this country in the last two years, saw their wealth increase by $170 billion. That is more wealth acquired in a two year period than is owned by the bottom 130 million Americans.
The distribution of wealth is even more unequal than that of income. ...The wealthiest 5% of American households held 54% of all wealth reported in the 1989 survey. Their share rose to 61% in 2010 and reached 63% in 2013. By contrast, the rest of those in the top half of the wealth distribution ?families that in 2013 had a net worth between $81,000 and $1.9 million ?held 43% of wealth in 1989 and only 36% in 2013.
When you talk about Social Security, it's not just enough to say, we're looking at you, this really matters. It's the fact that a million Americans think it matters. Oh, wait, it's 2 million Americans think it matters. No, it's 4 million Americans. It's 6 million, wait, it's 10 million, it's 50 million Americans who care about this. That's how we're going to make change.
The Black public sector middle class teachers, policeman, firemen, and post office workers, those jobs have been on the decline but there hasn't been a corresponding increase in the private sector. What is especially painful is government policy bailed out the banks without making them make reinvestments for rebuilding. The result is 53-million Americans are food insecure, 50-million Americans are in poverty, 44 million are on food stamps, 26 million are looking for a job.
It wasn't simply that Clinton created the greatest prosperity in the country's history. Or that we created 22 million new jobs, more than ever before. Under Clinton, poverty was reduced 25%.
This country has so much wealth and so much poverty, and that seemed wrong to me. 'Evicted' was my Ph.D. dissertation.
What I did not know yet about hunger, but would find out over the next twenty-one years, was that brilliant theorists of economics do not find it worthwhile to spend time discussing issues of poverty and hunger. They believe that these will be resolved when general economic prosperity increases. These economists spend all their talents detailing the process of development and prosperity, but rarely reflect on the origin and development of poverty and hunger. A a result, poverty continues.
You've got the top 400 Americans owning more wealth than the bottom 150 million Americans. Most folks do not think that is right.
The psychological pain--and the ethical shame--of American poverty are made greater by the fact that this country possesses the wealth and the energy to raise all children to a minimally decent standard of living.
Our goals for this nation must be nothing less than to double the size of our economy and bring prosperity and jobs, ownership and equality of opportunity to all Americans, especially those living in our nation's pockets of poverty.
You know, the eleven million people living in the shadows, I believe, they're already American citizens... These people are just waiting, waiting for a chance to contribute fully. And by that standard alone eleven million undocumented aliens are already Americans in my view.
The Democratic Party has gotten narrower and it's gotten smaller and it's fundamentally wrong on all the key questions involving the economic future of this country and our hopes of prosperity. And many Americans are beginning to realize that.
Let us look at wealth and poverty. The affluent society and the deprived society inter-are. The wealth of one society is made of the poverty of the other. "This is like this, because that is like that." Wealth is made of non-wealth elements, and poverty is made by non-poverty elements. [...] so we must be careful not to imprison ourselves in concepts. The truth is that everything contains everything else. We cannot just be, we can only inter-be. We are responsible fo everything that happens around us.
I believe that science is the engine of prosperity, that if you look around at the wealth of civilization today, it's the wealth that comes from science.
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