Thursday, January 9, 2014

From Norman Rockwell society To Survival of The Fittest society

It has been 50 years after President LBJ announced the epochal social safety net program. In the last 50 years, US poverty rate has declined from 26% to 16%. However, income inequality still shows relentless aggravation. Until late 1970s, US was a Norman Rockwell society. After 1980, US has become a "survival of the fittest" society.

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