Four out of 5 U.S. adults struggle with joblessness, near poverty or
reliance on welfare for at least parts of their lives, a sign of
deteriorating economic security and an elusive American dream.
Survey data exclusive to The Associated Press points to an
increasingly globalized U.S. economy, the widening gap between rich and
poor and loss of good-paying manufacturing jobs as reasons for the
trend.
The findings come as President Barack Obama tries to renew his
administration's emphasis on the economy, saying in recent speeches that
his highest priority is to "rebuild ladders of opportunity" and reverse
income inequality. (more)
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