How bad does it have to get before we acknowledge that what we are doing economically is not working.
Post Tagged with: "poverty rate"
Obama’s 1st Term: Real Median Income Down $2,627; People in Poverty Up 6,667,000; Record 46,496,000 Now Poor
One Big Awful Mistake America – We tried to warn you. In the immortal words of Ernest in Scared Stupid “They get stupider and stupider every generation.” – Editor
“As democracy is perfected, the office of the President represents, more and more closely, the inner soul of the people. On some great and glorious day, the plain folks of the land will reach their heart’s desire at last and the White House will be occupied by a downright fool and complete narcissistic moron.” —- H.L. Mencken, The Baltimore Evening Sun, July 26, 1920
20 Signs That The U.S. Poverty Explosion Is Hitting Children And Young People The Hardest
This is easily the worst economic environment that we have seen for young people since the Great Depression of the 1930s. The number of good jobs continues to decline. Many young people are faced with the choice of taking a bad job or having no job at all.
Private Property Ownership is the Only Way to Eradicate Poverty
The United States is now losing wealth as a result of a massive campaign to reduce private property ownership through the policy of Sustainable Development. If not reversed, the United States will find itself in Third World status for exactly the same reasons other nations have landed there – destruction of private property rights.
Obumanomics: Lower incomes, more poverty, more inequality, more dependence, blacks doing worse
The latest Census Bureau report shows that these are precisely the results Obama has delivered since taking office. – IBD
Welfare Recipients Entitled to be Lazy and in Debt
Since the 1960s, the U.S. has spent $16 trillion on welfare and is projected to spend almost $11 trillion over the next ten years.
Free Markets, Not Redistribution, Is Best Way to Reduce Poverty
The so-called War on Poverty has failed. Making government bigger and creating more federal redistribution programs has been bad news for taxpayers. But the welfare state also has been a disaster for the less fortunate, creating a flypaper effect that makes it difficult for people to lead independent and self-reliant lives. This Center for Freedom and Prosperity Foundation video shows how the poverty rate was falling after World War II — but then stagnated once the federal government got involved.
Poverty In America: A Special Report
If inflation was still calculated the way that it was 30 or 40 years ago, the poverty line would be much, much higher and millions more Americans would be considered to be living in poverty.
Dramatic Increase in Poverty Rate: One Small Step for Obama, One Giant Step for the So-Called War on Poverty
[T]he so-called War on Poverty has undermined economic progress by trapping people in lives of dependency. And this certainly is consistent with the data in the chart, which show that the poverty rate no longer is falling and instead bumps around between 12 percent and 15 percent.
What Is “Poor” In America? It might surprise you
Average poor American has more living space than the average European. Not the average poor European but the average European.