Koch's Astonishing Claim About Low-Income Americans
Posted in the Minneapolis Forum
#1 Jul 12, 2013
If you earn $34,000, that puts you in the wealthiest 1 percent of the world, according to the Charles Koch Foundation.
That's one of many assertions made in a new ad that attempts to undermine government policies that protect low- and middle-income Americans. You can watch the ad, which is produced by Koch's conservative non-profit group, here:
Of course, earning $34,000 in the U.S. won't get you very far in most parts of the country. The Economic Policy Institute estimates that a family of three needs an income of at least $44,617 a year to cover basic living expenses in the cheapest parts of the country. In Wichita, Kansas, where the commercial is currently being aired, according to Think Progress, a family of three would need to make $53,721 to get by. That's far more than $30,000 a year that two parents earning minimum wage would make.
Minimum wage is one policy that billionaire Charles Koch would like to see eliminated. In a recent interview with the Wichita Eagle, Charles Koch described the federal minimum wage as one of the policies that “creating a culture of dependency” and added that it “reduces the mobility of labor.”
Add your comments below
|Democrats call for impeachment||15 min||silly rabbit||66|
|Global warming 'undeniable,' scientists say (Jul '10)||4 hr||WHAT||36,895|
|Davy crockett fake news||Sat||Phineus||16|
|Dems lose montana special election||Fri||Davycrockett||9|
|Aaron- Mortalenama||May 26||Eat BBQ||1|
|Drop one word....add one word game (Apr '14)||May 25||WildLifeLover||700|
|Does anyone remember the Rendezvous in Minneapo...||May 25||Curious||1|
Find what you want!
Search Minneapolis Forum Now
Copyright © 2017 Topix LLC