United States, society where ‘the rich get ever richer and the poor get ever poorer’
Date: 17/10/2024 | Source: Pyongyang Times | Read original version at source
The bipolar division of the rich getting ever richer and the poor getting poorer has been dramatically aggravated in the United States, which clamours for the “equality of all people” and “welfare for all”, and such phenomenon is emerging as a serious issue leading to social division.
The US Department of Agriculture has recently reported that 18 million families, or 13.5 percent of the total number of households in the US, suffered from starvation last year.
This is the largest number in the past ten years, and 6.8 million families are in a very serious state. In particular, food shortage worsened among low-income citizens during the world-sweeping pandemic.
Last year, the gap between the rich and the poor in the US reached the most serious level since the Great Economic Depression in 1929.
In the third quarter of 2023, 66.6 percent of the US total wealth was possessed by 10 percent of people earning the highest income. The wealth owned by low-income earners accounting for 50 percent of the population was only 2.6 percent of the total wealth.
Though many working people are subjected to backbreaking labour all day long, their wages are so low that they find it hard to eke out their living.
Low-income families cannot pay for their basic living, including food, rent and electricity tax, and therefore they are burdened with heavy debts.
The sky-rocketing price of goods makes people’s life more difficult. According to an opinion poll, 74 percent of respondents asserted that the increase in food prices is worsening their financial situation.
Many homeless people wander about streets that are said to be flourishing and luxurious, and their number is increasing day by day.
According to information published in December 2023, American vagrants numbered more than 650 000, a record high since statistics collection started in 2007. Forty percent of them live in streets, abandoned buildings or other places with poor conditions.
Many people who can no longer live in the abject reality are seized with extreme pessimism and despair and commit suicide. The number of suicides in the country reaches about 50 000 every year.
Even though productivity grows, broad working masses cannot be freed from poverty and all afflictions, but polarization of the rich getting ever richer and the poor getting poorer is becoming more serious. This is the reality of American society.
More From Pyongyang Times
An online joint seminar of Brazilian political parties and organizations took place on February 15 to mark the 84th birth
February 24, 2026
An online joint seminar of Brazilian political parties and organizations took place on February 15 to mark the 84th birth
Hundreds of final-year students of senior middle schools in North Phyongan Province have volunteered for the forefront of national
February 24, 2026
Hundreds of final-year students of senior middle schools in North Phyongan Province have volunteered for the forefront of national
The respected Comrade Kim Jong Un sent a birthday spread to Ri Sil Baek, who is living in neighbourhood unit No. 45 of Junhyok-ri,
February 24, 2026
The respected Comrade Kim Jong Un sent a birthday spread to Ri Sil Baek, who is living in neighbourhood unit No. 45 of Junhyok-ri,
A decision of the Ninth Congress of the Workers' Party of Korea "On Election of the General Secretary of the Workers' Party of
February 23, 2026
A decision of the Ninth Congress of the Workers' Party of Korea "On Election of the General Secretary of the Workers' Party of
The fourth-day sitting of the Ninth Congress of the Workers' Party of Korea was held on February 22. The Congress continued its
February 23, 2026
The fourth-day sitting of the Ninth Congress of the Workers' Party of Korea was held on February 22. The Congress continued its
Maria Zakharova, a spokeswoman for the Russian Ministry of Foreign Affairs, disclosed on February 16 that the Kiev regime had long
February 23, 2026
Maria Zakharova, a spokeswoman for the Russian Ministry of Foreign Affairs, disclosed on February 16 that the Kiev regime had long
The 39th Ordinary Session of the Assembly of Heads of State and Government of the African Union was held at the headquarters of
February 23, 2026
The 39th Ordinary Session of the Assembly of Heads of State and Government of the African Union was held at the headquarters of
Graduating class students of senior middle schools in North Phyongan Province met with a war veteran at the provincial art
February 23, 2026
Graduating class students of senior middle schools in North Phyongan Province met with a war veteran at the provincial art
A decision of the Ninth Congress of the Workers' Party of Korea "On the Revision of the Rules of the Workers' Party of Korea" was
February 23, 2026
A decision of the Ninth Congress of the Workers' Party of Korea "On the Revision of the Rules of the Workers' Party of Korea" was
At the fourth-day sitting of the Ninth Congress of the Workers' Party of Korea on February 22, Ri Il Hwan made a proposal for the
February 23, 2026
At the fourth-day sitting of the Ninth Congress of the Workers' Party of Korea on February 22, Ri Il Hwan made a proposal for the
Members and alternate members of the Central Committee of the Workers' Party of Korea elected at the Ninth WPK Congress are as
February 23, 2026
Members and alternate members of the Central Committee of the Workers' Party of Korea elected at the Ninth WPK Congress are as
The Ninth Congress of the Workers' Party of Korea is intensifying the most comprehensive political activities in carrying out its
February 22, 2026
The Ninth Congress of the Workers' Party of Korea is intensifying the most comprehensive political activities in carrying out its
The 84th birth anniversary of Chairman Kim Jong Il was celebrated in Laos, Myanmar, Pakistan, Switzerland, France, Serbia and
February 22, 2026
The 84th birth anniversary of Chairman Kim Jong Il was celebrated in Laos, Myanmar, Pakistan, Switzerland, France, Serbia and
The international community is making proactive efforts for space development. At the recent sci-tech panel meeting of the UN
February 22, 2026
The international community is making proactive efforts for space development. At the recent sci-tech panel meeting of the UN
There are many countries and nations in the world and so are corresponding languages. On February 21 1952 inhabitants of the then
February 22, 2026
There are many countries and nations in the world and so are corresponding languages. On February 21 1952 inhabitants of the then
The second-day sitting of the Ninth Congress of the Workers' Party of Korea took place on February 20. The congress will mark a
February 21, 2026
The second-day sitting of the Ninth Congress of the Workers' Party of Korea took place on February 20. The congress will mark a
Chinese Foreign Minister Wang Yi warned Japan against its moves to revive militarism in Munich, Germany, on February 14. Stressing
February 21, 2026
Chinese Foreign Minister Wang Yi warned Japan against its moves to revive militarism in Munich, Germany, on February 14. Stressing
The Ninth Congress of the Workers' Party of Korea received a congratulatory message from the Central Committee of the Communist
February 21, 2026
The Ninth Congress of the Workers' Party of Korea received a congratulatory message from the Central Committee of the Communist
The Central Committee of the Communist Party of China and the State Council of China held a meeting for lunar New Year greeting in
February 20, 2026
The Central Committee of the Communist Party of China and the State Council of China held a meeting for lunar New Year greeting in
All the Party members and other people in the DPRK, absolutely convinced that the Korean revolution would always emerge victorious
February 20, 2026
All the Party members and other people in the DPRK, absolutely convinced that the Korean revolution would always emerge victorious
More Articles
