While Corporate Wealth Soars, Food Insecurity for the American Poor Gets No Better
The Dow Jones Industrial Average, a measure of the value of U.S. corporate wealth, has been hitting record highs lately:
But in a news release this month, the U.S. Department of Agriculture reports that the percentage of households with food insecurity remains historically high:
That food insecurity index is made up of a series of questions asked of American households. One question asks American households to agree or disagree with the statement, “The food that we bought just didn’t last and we didn’t have money to get more.” The share of households agreeing with that statement — 15.6% — has remained the steady over the past four years. While corporations trading on the New York Stock Exchange are awash in ever more cash, 1 in 6 households in America report running out of food.