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
The Saudi Arabian crown prince made a stand not to support the US’ military attack on Iran in a telephone conversation with the
February 03, 2026
The Saudi Arabian crown prince made a stand not to support the US’ military attack on Iran in a telephone conversation with the
The Hungarian Prime Minister on January 26 expressed his indignation at the remarks of the Ukrainian president. Shortly ago,
February 03, 2026
The Hungarian Prime Minister on January 26 expressed his indignation at the remarks of the Ukrainian president. Shortly ago,
Fairyland villages showing the beautiful future of the countryside have appeared one after another at farms in South Hwanghae
February 03, 2026
Fairyland villages showing the beautiful future of the countryside have appeared one after another at farms in South Hwanghae
The Ryonggang County Hospital opened on February 1. On hearing the news of the opening of the hospital, many residents in the
February 03, 2026
The Ryonggang County Hospital opened on February 1. On hearing the news of the opening of the hospital, many residents in the
Top policy priority for Workers’ Party of Korea During the term of the Eighth Central Committee of the Workers’ Party of
February 03, 2026
Top policy priority for Workers’ Party of Korea During the term of the Eighth Central Committee of the Workers’ Party of
Russian President Vladimir Putin in a letter on January 27 stressed that Russia will never forget the heinous crimes of Nazism
February 02, 2026
Russian President Vladimir Putin in a letter on January 27 stressed that Russia will never forget the heinous crimes of Nazism
The unshakable will and outstanding leadership ability of the Central Committee of the Workers' Party of Korea hastening the
February 02, 2026
The unshakable will and outstanding leadership ability of the Central Committee of the Workers' Party of Korea hastening the
Vietnamese Ambassador to the DPRK Le Ba Vinh and staff members of his embassy visited the statues of President Kim Il Sung and
February 02, 2026
Vietnamese Ambassador to the DPRK Le Ba Vinh and staff members of his embassy visited the statues of President Kim Il Sung and
The Chinese permanent representative to the United Nations at a meeting of the UN Security Council on January 26 demanded Japan
February 02, 2026
The Chinese permanent representative to the United Nations at a meeting of the UN Security Council on January 26 demanded Japan
The respected Comrade Kim Jong Un sent a birthday spread to Kim Il Sun, a woman living in Neighbourhood Unit No. 24, Ungsang-dong,
February 02, 2026
The respected Comrade Kim Jong Un sent a birthday spread to Kim Il Sun, a woman living in Neighbourhood Unit No. 24, Ungsang-dong,
Modern farmhouses have appeared in Jonsung-ri of Phyonggang County and Kaechon-ri of Ichon County, Kangwon Province. Ceremonies of
February 02, 2026
Modern farmhouses have appeared in Jonsung-ri of Phyonggang County and Kaechon-ri of Ichon County, Kangwon Province. Ceremonies of
Modern dwelling houses have appeared at the Mandal Vegetable Farm in Sungho County and the Wahyon Farm in Phyongsan County of
February 02, 2026
Modern dwelling houses have appeared at the Mandal Vegetable Farm in Sungho County and the Wahyon Farm in Phyongsan County of
Thanks to the Workers' Party of Korea's grand plan and energetic leadership to turn Pyongyang into a world-class civilized city,
February 02, 2026
Thanks to the Workers' Party of Korea's grand plan and energetic leadership to turn Pyongyang into a world-class civilized city,
The Third People's Art Festival in Celebration of February 16 will be held in Pyongyang and other parts of the DPRK. The festival
February 02, 2026
The Third People's Art Festival in Celebration of February 16 will be held in Pyongyang and other parts of the DPRK. The festival
North Hwanghae Province renovated Sariwon Kye Ung Sang University of Agriculture. The university has a school building, e-library,
February 02, 2026
North Hwanghae Province renovated Sariwon Kye Ung Sang University of Agriculture. The university has a school building, e-library,
A tree nursery has been successfully built in Kaesong Municipality. The tree nursery, located in a place favourable for sapling
February 02, 2026
A tree nursery has been successfully built in Kaesong Municipality. The tree nursery, located in a place favourable for sapling
The third-year project for implementing the regional development policy in the new era is being conducted on a full scale
February 02, 2026
The third-year project for implementing the regional development policy in the new era is being conducted on a full scale
Dmitri Medvedev, vice-chairman of the Russian Security Council, referred to the issue of ensuring strategic security in an intervi
February 01, 2026
Dmitri Medvedev, vice-chairman of the Russian Security Council, referred to the issue of ensuring strategic security in an intervi
Members of the Iranian Parliament issued a statement on January 25 to strongly denounce the European Parliament for adopting an an
February 01, 2026
Members of the Iranian Parliament issued a statement on January 25 to strongly denounce the European Parliament for adopting an an
North Hwanghae Province finished the capacity expansion project of the Kyongam Cement Factory. The establishment of a
February 01, 2026
North Hwanghae Province finished the capacity expansion project of the Kyongam Cement Factory. The establishment of a
More Articles
