Friday, September 15, 2017

Continuation of Excerpts From the Book Authored by Donald Jeffries

p. 40 - Only 3 percent of students at the top 146 colleges come for families in the bottom income quartile. Only 10 percent come from the bottom half.

p. 48 - A study by former Sen. Tom Coburn found that 4,000 millionaires paid no federal income tax in 2011.

p. 57 - Based on a February 2012 survey by the Salvation Army, some 27 percent of Americans think the poor are lazy and 43 percent said they believed "people living in poverty can always find a job if they really want to work."

p. 98 - The Institute for College Access and Success estimates that the number of college graduates in the U.S. working minimum wage jobs has risen by nearly 71 percent over the past decade.

p. 111 - Hewlett Packard CEO Meg Whitman, with a net worth of $1.7 billion, was paid over $15 million in 2012, while her company was eliminating nearly 30,000 jobs.

p. 113 - The Urban Institute said in 2010 that 3.5 million Americans, or about 1 percent of the population, had been homeless for a significant period of time.

p. 148 - CBS News reported on April 5, 2013 that "Roughly a third of U.S. states today jail people for not paying off their debts, from court-related fines and fees to credit cards and car loans." The Georgia-based Judicial Corrections Services, a private probation firm, piles additional fees on top of the defendant's debts.

p. 163 - Oil Change International estimates that the federal government provides the oil companies with as much as a trillion dollars in annual subsidies.

p. 172 - Bankruptcy has long been a tool that the rich employ, and the laws are such that it invariably works to their benefit.

p. 218  - Recent Social Security statistics show that 51 percent of American workers made less than $28,851 in 2014 and 40 percent made less than $20,000. In 2014, 71 percent made less than $50,000.

p. 219 - The 2016 Oxfam report revealed that the richest 62 individuals in the world possess as much wealth as the bottom half of humanity.

p. 220 - An AP 2013 study found that: "Four out of five U.S. adults struggle with joblessness, near-poverty or reliance on welfare for at least parts of their lives."

ADDENDUM:
* Mexico has pulled back from its offer of aid to the U.S. after the U.S. snubbed it for aid for the damage caused by the massive earthquake and Hurricane Katia, when it hit the Gulf states of Veracruz. The Mexican government noted that the U.S. embassy had taken nine days to respond to its formal offer.



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