Despite the denial and lack of concern of many conservatives and Republicans about the tremendous maldistribution of wealth which has developed in the thirty two years since Ronald Reagan came to the Presidency, new statistics indicate just how desperate many Americans are, and how that desperation is particularly obvious in the South and in the Southwest parts of the United States.
Nearly half of US households, containing about 132 million Americans are in a dire situation, where they do not have any emergency funds for as little as three months, if a natural disaster, medical emergency or sudden unemployment occurred.
Think of the mental anguish these people go through if any of the above emergencies suddenly arise, with a feeling of no hope, and the possibility of homelessness, total destruction of personal credit, and the likelihood of becoming sick from stress itself!
Thirty percent of Americans do not have a savings account, and eight percent do not have any bank account at all.
In ten states, the poverty and hopelessness of a substantial part of the population is most evident, including in order:
Notice also that only three states of these ten listed are “Blue” or Democratic (Nevada, Florida, New Mexico), while the other seven are “Red” or Republican.
With so many people in these states and others having little or no health insurance coverage, and low wage jobs predominating, and high credit card debt levels, one wonders how these unfortunate citizens cope with waking up daily, with such gloom and doom on the horizon! The “American Dream” is being denied!