In response to Umair Haque, aka “Collapse” Bro, who wrote a piece “ Why American collapse is coming to a country near you” and who got a little wound up on his own rhetoric and asserted:
nearly everyone — 80% of people — live hand to mouth.
Well, no they don’t. That’s a ludicrously inflated figure. A more correct statement is “80% of the statistics coming ftom Umair are made up and wildly inaccurate”.
The actual statistics show less than 13% were below the poverty level in 2016 and less than 6% were below 50% of the poverty level. More critically, just being poor doesn’t mean living a hand to mouth existence. Most of the poor receive food stamps and many receive subsidized housing and rent assistance. They also get Medicaid and other healthcare benefits as well as food, meals , clothing, and other aid from charities and government agencies. Overall the US has a fairly generous set of welfare benefits. No one is saying it’s the Ritz, but its scarcely hand to mouth. In fact, when everything is taken into account, the US has a lower poverty rate and larger amount of benefits going to the poor than most European countries.