William Godwin: Communist or Individualist? | by Jeff Riggenbach – YouTube
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The US is currently at the mercy of harsh and strained economic conditions, and its middle and lower classes are exposed like at no other time in their recent history. This period of fiscal tumult is also proving a catalyst for alternative social issues, such as benefits protests from public sector workers and a steady rise in national hate groups within the countries boundaries. One of the most significant issues within the contemporary USA is increasing poverty, especially in the face of steadily climbing food and fuel prices, which is threatening to create a significant divide between the north and south of the nation.
The Basics of a Strained Economy
The fiscal circumstances of the current US are of course a reflection of the recent recession and subsequent painstaking recovery. The main issue with a recession of this nature is its presence as a vicious and divisive cycle, that often sees unemployment rise and citizens unable to contribute to an economy. As a consequence, governments are coerced into reducing spending and inflating taxes and prices, creating a situation where basics such as food and drink are more expensive and increasingly out of the reach of struggling citizens.