As much of a doom and gloomer that I am, I find it incredible
that it can be 80 percent.
I think that America is finished, but 80 percent are already gone?
I have only one fear...my social security drying up. It is what I live on now.
The 80% number is lying with statistics. They define the 80% by simply saying the top 20% are the only ones not in poverty.Pardon my ignorance but does not the word poverty mean starvation? Most of those in poverty in the US are obese. They have too much to eat. Nobody starves in the US except the occasional drug addict if them.
Most of those in “poverty” in the US would be in the top 3% of the worlds wealthiest people to get there all they have to do is have a bank account with a $100.00 balance.
So I think you are right the article is a lie.
I also think you better find something other than Social Security; not because I am mean but because I think your right about that too.
It’s NOT. What the article says. It states that AT SOME POINT IN THEIR LIFE. 80 % are close to poverty etc etc.
If Obama ever discovers life expectancy tables broken down by race, your social security benefits will have a life expectancy of one week.
And still they are raising taxes here in Maryland and bleeding us dry, while they send money to Casa De Maryland to help the illegals.
They raised the gasoline tax ,but there is no talk of building the new Bridges that we need in Southern Maryland.
All O’Malley worries about is Annapolis and Baltimore.
http://article.nationalreview.com/?q=NjJiMDE5Y2M1OWNmNDFhMDIwNWMxYTA1Mzk5ZDkxMTk=
Conventional accounts of poverty not only exaggerate hardship, they also underestimate government spending on the poor. In 2008, federal and state governments spent $714 billion (or 5 percent of the total economy) on means-tested welfare aid, providing cash, food, housing, medical care, and targeted social services to poor and low-income Americans. (This sum does not include Social Security or Medicare.) If converted into cash, this aid would be nearly four times the amount needed to eliminate poverty in the U.S. by raising the incomes of all poor households above the federal poverty levels.