Poverty in America continues to grow

Poverty in America continues to grow

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“Radical Islam! Radical Islam! ”

Since: Mar 08

Location hidden

#1 Apr 7, 2013
If the economy is getting better, then why does poverty in America continue to grow so rapidly? Yes, the stock market has been hitting all-time highs recently, but also the number of Americans living in poverty has now reached a level not seen since the 1960s. Yes, corporate profits are at levels never seen before, but so is the number of Americans on food stamps. Yes, housing prices have started to rebound a little bit (especially in wealthy areas), but there are also more than a million public school students in America that are homeless. That is the first time that has ever happened in U.S. history. So should we measure our economic progress by the false stock market bubble that has been inflated by Ben Bernanke’s reckless money printing, or should we measure our economic progress by how the poor and the middle class are doing? Because if we look at how average Americans are doing these days, then there is not much to be excited about. In fact, poverty continues to experience explosive growth in the United States and the middle class continues to shrink. Sadly, the truth is that things are not getting better for most Americans. With each passing year the level of economic suffering in this country continues to go up, and we haven’t even reached the next major wave of the economic collapse yet. When that strikes, the level of economic pain in this nation is going to be off the charts.[ECB]
The following are 21 statistics about the explosive growth of poverty in America that everyone should know…

1 - According to the U.S. Census Bureau, approximately one out of every six Americans is now living in poverty. The number of Americans living in poverty is now at a level not seen since the 1960s.

2 - When you add in the number of low income Americans it is even more sobering. According to the U.S. Census Bureau, more than 146 million Americans are either “poor” or “low income”.

3 - Today, approximately 20 percent of all children in the United States are living in poverty. Incredibly, a higher percentage of children is living in poverty in America today than was the case back in 1975.

4 - It may be hard to believe, but approximately 57 percent of all children in the United States are currently living in homes that are either considered to be either “low income” or impoverished.

5 - Poverty is the worst in our inner cities. At this point, 29.2 percentof all African-American households with children are dealing with food insecurity.

6 - According to a recently released report, 60 percent of all children in the city of Detroit are living in poverty.

7 - The number of children living on $2.00 a day or less in the United States has grown to 2.8 million. That number has increased by 130 percent since 1996.

“Radical Islam! Radical Islam! ”

Since: Mar 08

Location hidden

#2 Apr 7, 2013
8 - For the first time ever, more than a million public school students in the United States are homeless. That number has risen by 57 percent since the 2006-2007 school year.

9 - Family homelessness in the Washington D.C. region (one of the wealthiest regions in the entire country) has risen 23 percent since the last recession began.

10 - One university study estimates that child poverty costs the U.S. economy 500 billion dollars each year.

11 - At this point, approximately one out of every three children in the U.S. lives in a home without a father.

12 - Families that have a head of household under the age of 30 have a poverty rate of 37 percent.

13 - Today, there are approximately 20.2 million Americans that spend more than half of their incomes on housing. That represents a 46 percent increase from 2001.

14 - About 40 percent of all unemployed workers in America have been out of work for at least half a year.

15 - At this point, one out of every four American workers has a job that pays $10 an hour or less.

16 - There has been an explosion in the number of “working poor” Americans in recent years. Today, about one out of every fourworkers in the United States brings home wages that are at or below the poverty level.

17 - Right now, more than 100 million Americans are enrolled in at least one welfare program run by the federal government. And that does not even include Social Security or Medicare.

18 - An all-time record 47.79 million Americans are now on food stamps. Back when Barack Obama first took office, that number was only sitting at about 32 million.

19 - The number of Americans on food stamps now exceeds the entire population of Spain.

20 - According to one calculation, the number of Americans on food stamps now exceeds the combined populations of “Alaska, Arkansas, Connecticut, Delaware, District of Columbia, Hawaii, Idaho, Iowa, Kansas, Maine, Mississippi, Montana, Nebraska, Nevada, New Hampshire, New Mexico, North Dakota, Oklahoma, Oregon, Rhode Island, South Dakota, Utah, Vermont, West Virginia, and Wyoming.”

21 - Back in the 1970s, about one out of every 50 Americans was on food stamps. Today, close to one out of every six Americans is on food stamps. Even more shocking is the fact that more than one out of every four children in the United States is enrolled in the food stamp program.

“Radical Islam! Radical Islam! ”

Since: Mar 08

Location hidden

#3 Apr 7, 2013
Unfortunately, all of these problems are a result of our long-term economic decline. In a recent article for the New York Times, David Stockman, the former director of the Office of Management and Budget under President Ronald Reagan, did a brilliant job of describing how things have degenerated over the last decade…
Since the S&P 500 first reached its current level, in March 2000, the mad money printers at the Federal Reserve have expanded their balance sheet sixfold (to $3.2 trillion from $500 billion). Yet during that stretch, economic output has grown by an average of 1.7 percent a year (the slowest since the Civil War); real business investment has crawled forward at only 0.8 percent per year; and the payroll job count has crept up at a negligible 0.1 percent annually. Real median family income growth has dropped 8 percent, and the number of full-time middle class jobs, 6 percent. The real net worth of the “bottom” 90 percent has dropped by one-fourth. The number of food stamp and disability aid recipients has more than doubled, to 59 million, about one in five Americans.
For the last couple of years, the U.S. economy has experienced a bubble of false hope that has been produced by unprecedented amounts of government debt and unprecedented money printing by the Federal Reserve.
Unfortunately, that bubble of false hope is not going to last much longer. In fact, we are already seeing signs that it is getting ready to burst.
For example, initial claims for unemployment benefits shot up to385,000 for the week ending March 30th.
That is perilously close to the 400,000 “danger level” that I keep warning about. Once we cross the 400,000 level and stay there, it will be time to go into crisis mode.
In the years ahead, it is going to become increasingly difficult to find a job. Just the other day I saw an article about an advertisement for a recent job opening at a McDonald’s in Massachusetts that required applicants to have “one to two years experience and a bachelor’s degree“.
If you need a bachelor’s degree for a job at McDonald’s, then what in the world are blue collar workers going to do when the competition for jobs becomes really intense once the economy experiences another major downturn?
Do not be fooled by the fact that the Dow has been setting new all-time highs. The truth is that we are in the midst of a long-term economic decline, and things are going to get a lot worse. If you know someone that is not convinced of this yet, just share the following article with them:“Show This To Anyone That Believes That ‘Things Are Getting Better’ In America“.
Gene

Caruthersville, MO

#4 Apr 7, 2013
Yea but you got a above ground pool in your front yard so shut the fuck up your whining about the economy. Its only bad where ever YOU go dipshit. Everywhere else I see stores busy, gas stations busy, and oh and especially for you Jesus Junior, the theaters haven't shut down and people are still buying those expensive cell phones you whined about as being a part of important thing in life.

Your old news and boring same old crap you put in here is worthless like your marriage was pal.

“GOP Redistribution is Fascism”

Since: Feb 07

Location hidden

#6 Apr 7, 2013
Don't point to Reagan or Stockman as a cure to our current ailments. They are directly responsible, along with their moronic protege (who unlike Reagan, didn't have enough sense to raise taxes later... especially after starting two unnecessary preemptive wars).

And yes, Obama bears some of the blame for not making a clean break from the failed policies of his conservative predecessors, both economically and in foreign policy, and for selling out to the multinational corporations job killing austerity measures in exchange for campaign donations. He's simply a slightly better, more moderate Republican than Romney.
John Doe

Poplar Bluff, MO

#7 Apr 8, 2013
Carlton McLemore wrote:
Don't point to Reagan or Stockman as a cure to our current ailments. They are directly responsible, along with their moronic protege (who unlike Reagan, didn't have enough sense to raise taxes later... especially after starting two unnecessary preemptive wars).
And yes, Obama bears some of the blame for not making a clean break from the failed policies of his conservative predecessors, both economically and in foreign policy, and for selling out to the multinational corporations job killing austerity measures in exchange for campaign donations. He's simply a slightly better, more moderate Republican than Romney.
Thank you Carlton. You are the first from that I have ever seen place some of the responsibility on Obama. I have always felt the blame is on both sides.
guest

Steele, MO

#8 Apr 8, 2013
Get this to every 13 people working there 1 is drawing disability, the new welfare.
guest

Steele, MO

#9 Apr 8, 2013
Gene wrote:
Yea but you got a above ground pool in your front yard so shut the fuck up your whining about the economy. Its only bad where ever YOU go dipshit. Everywhere else I see stores busy, gas stations busy, and oh and especially for you Jesus Junior, the theaters haven't shut down and people are still buying those expensive cell phones you whined about as being a part of important thing in life.
Your old news and boring same old crap you put in here is worthless like your marriage was pal.
Poor thing you just don't get it, well unless you are one of the ones. People working are more careful with their money. All those you see out spending don't have to work for it.
John Doe

Poplar Bluff, MO

#10 Apr 8, 2013
guest wrote:
<quoted text>Poor thing you just don't get it, well unless you are one of the ones. People working are more careful with their money. All those you see out spending don't have to work for it.
Get ready for a smart alack answer with some insults. You are really wasting your time as that person will never listen
Gene

Caruthersville, MO

#12 Apr 8, 2013
guest wrote:
<quoted text>Poor thing you just don't get it, well unless you are one of the ones. People working are more careful with their money. All those you see out spending don't have to work for it.
You're so full of shit Doug. The only reason you believe this crap you put in here is because your ex wife raped your ass in the divorce, and now your strapped for cash in child support and you think everyone is piss poor broke. WRONG! The only ones who are broke are idiots like you who think a cell phone and going to movies is more important things in life. If you had half a brain you would lean not to trust IRA's 401K's and use your money wisely. But like I said "idiots like you" are the reason youre piss poor broke, but you choose the lazy uneducated way and blame Obama because he is black.
Gene

Caruthersville, MO

#13 Apr 8, 2013
Go ahead judge my post again Doug. Just proves that I struck a nerve with the TRUTH.
John Doe

Poplar Bluff, MO

#14 Apr 8, 2013
Just so that it is not missed in the confusion, Thanks again CT for admitting that mistakes have been made by the left. I know the right makes its fair share of mistakes.
guest

Steele, MO

#15 Apr 9, 2013
Gene wrote:
<quoted text>
You're so full of shit Doug. The only reason you believe this crap you put in here is because your ex wife raped your ass in the divorce, and now your strapped for cash in child support and you think everyone is piss poor broke. WRONG! The only ones who are broke are idiots like you who think a cell phone and going to movies is more important things in life. If you had half a brain you would lean not to trust IRA's 401K's and use your money wisely. But like I said "idiots like you" are the reason youre piss poor broke, but you choose the lazy uneducated way and blame Obama because he is black.
Well I guess we now know why you are like you are. Why you hate the world. Sorry to hear about your divorce. I hate to tell you but Im a female so I don't have an ex wife but evidently you do. HA!! Hey whoever she is I don't blame her You go Ms Gene!!!!!!!!
Gene

Caruthersville, MO

#16 Apr 9, 2013
Right on time Comrade. Every morning around a little after 6 AM.

“Radical Islam! Radical Islam! ”

Since: Mar 08

Location hidden

#17 Apr 9, 2013
I think another 6 trillion worth of debt should just about bring prosperity to all. I saw where the average American car on the road today is just over 11 years old. I think the government owes everyone a new automobile, insurance included of course. Now don’t get me wrong, free food, housing and healthcare should be given to everyone first, then the free cars.

I give up…

My next vote goes to the first politician who promises to stimulate the economy with endless paper that only increases in value with every additional trillion printed. If we just all have faith, I’m sure it will happen.

And one more thing. We have got to nationalize all successful business operations in America. Those stingy business owners will all be burning in Alumni61 conservative republican hell soon anyway. I’m sure some saints from the IRS will do a better job running the business of America that conservative business leaders of industry can anyway.

May God bless all socialist liberal democrats and make all conservative, children hating, throw granny off the cliff republicans spontaneously combust night now, where they set.
Can I have my Democratic Party membership card now?
DUH

Union, MO

#18 Apr 9, 2013
Did Glenn Beck get on another crying spill while wearing his founding fathers hat again?
John Doe

Poplar Bluff, MO

#19 Apr 10, 2013
There are faults on both sides for the shape this country is in. All of them need to go and a new crew brought in that will be more interested in solving the problems and doing what is right for the people than in raising funds for the next election and doing anything they can to stay in power

“Radical Islam! Radical Islam! ”

Since: Mar 08

Location hidden

#20 Apr 11, 2013
John Doe wrote:
There are faults on both sides for the shape this country is in. All of them need to go and a new crew brought in that will be more interested in solving the problems and doing what is right for the people than in raising funds for the next election and doing anything they can to stay in power
Democrats love poverty.

That is where the socialist democratic party elites get their supply of modern day slaves.“Keep’um poor, dumb and dependent” is the new democratic party motto.
John Doe

Poplar Bluff, MO

#21 Apr 11, 2013
ComradeWinston wrote:
<quoted text>Democrats love poverty.
That is where the socialist democratic party elites get their supply of modern day slaves.“Keep’um poor, dumb and dependent” is the new democratic party motto.
It is as I have said before, BOTH sides will say or do anything to stay in power

“GOP Redistribution is Fascism”

Since: Feb 07

Location hidden

#22 Apr 12, 2013
ComradeWinston wrote:
I think another 6 trillion worth of debt should just about bring prosperity to all.
http://www.huffingtonpost.com/rj-eskow/9-chai...

4. You could save much more money in other, better ways.

The White House has said the chained CPI will save $122 billion in benefits over ten years. Leaving aside the fact that Social Security doesn't affect the deficit (which we'll discuss shortly), here's what isn't being done:

Close capital gains loopholes:$174 billion.
End the Bush tax cuts at Obama's original $250,000 level, rather than the compromise $400,000 number:$183 billion.
Cut overseas military bases by 20 percent:$200 billion.
Negotiate with drug companies:$220 billion.
Enact "Defense-friendly" Pentagon cuts:$519 billion.
End corporate tax loopholes (without being "revenue neutral," as the President's proposing):$1.24 trillion.
Enact a financial transaction tax on the folks who ruined our economy:$1.8 trillion.

Faced with those numbers, the chained-CPI benefit cut is... well, embarrassing.(Details, and additional alternate deficit reducers, here: http://blog.ourfuture.org/20121218/nine-chain... .)

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