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U.S. poverty numbers could break record
Associated Press ^
| Sept 12 2010
| HOPE YEN and LIZ SIDOTI |
Posted on 09/12/2010 12:24:25 PM PDT by Berlin_Freeper
The number of people in the U.S. who are in poverty is on track for a record increase on President Barack Obama’s watch, with the ranks of working-age poor approaching 1960s levels that led to the national war on poverty.
(Excerpt) Read more at recordpub.com ...
TOPICS: Business/Economy; News/Current Events
KEYWORDS: 0bamasfault; obamanomics; obamasfault; poverty; summerofrecovery
Obama: That's where I drove the country into a ditch, Allah Be Praised!
To: Berlin_Freeper
The number of people in the U.S. who are in poverty is on track for a record increase on President Barack Obama’s watch, with the ranks of working-age poor approaching 1960s levels that led to the national war on poverty. That reminds me, where are the Obama's going to vacation this week?
2
posted on
09/12/2010 12:26:34 PM PDT
by
EGPWS
(Trust in God, question everyone else)
To: EGPWS
The Oval Office.
3
posted on
09/12/2010 12:31:41 PM PDT
by
Berlin_Freeper
(If Obama was the answer---that must have been one stupid question.)
To: Berlin_Freeper
4
posted on
09/12/2010 12:33:25 PM PDT
by
Berlin_Freeper
(If Obama was the answer---that must have been one stupid question.)
To: Berlin_Freeper
The AnnointedIdiot’s staunch use of Keynesian economics for ya.......
5
posted on
09/12/2010 12:41:29 PM PDT
by
cranked
To: Berlin_Freeper
Once McCain and Graham get their amnesty gig passed, the USA should be numbah 1 in the poverty ratings! Woot! On the bright side, America has the fattest “poor” people in the world.
6
posted on
09/12/2010 12:41:37 PM PDT
by
FlingWingFlyer
(Don't you dare try to use MY Constitution to protect and defend MY enemies!)
To: Berlin_Freeper
Poverty in the United States can include: widescreen TV, cable service, 1-2 automobiles, washer/drier, dishwasher, artificially lowered living costs, etc...
7
posted on
09/12/2010 1:15:57 PM PDT
by
4buttons
To: Berlin_Freeper
"In 2008, the poverty level stood at $22,025 for a family of four, based on an official government calculation that includes only cash income before tax deductions. It excludes capital gains or accumulated wealth."
This means that, should you inherit $1M, put one half of it under the mattress and another into a 6-month CD, you are below poverty level. Nice calculation: your poverty is determined not by what you already have (which is the definition of wealth) but how rapidly you add to your wealth. If you have $10M and keep them under the mattress, you receive zero income. This makes you extremely poor according to our government.
8
posted on
09/12/2010 1:25:34 PM PDT
by
TopQuark
To: FlingWingFlyer
On the bright side, America has the fattest “poor” people in the world.
9
posted on
09/12/2010 1:27:38 PM PDT
by
Signalman
To: Berlin_Freeper
To: Berlin_Freeper
11
posted on
09/12/2010 1:58:57 PM PDT
by
combat_boots
(The Lion of Judah cometh. Hallelujah. Gloria Patri, Filio et Spiritui Sancto.)
To: Berlin_Freeper
So where are the articles on “homelessness”, children going to bed “hungry” and all the other horrors we hear about during Republican administrations?
12
posted on
09/12/2010 3:59:52 PM PDT
by
RnMomof7
To: Berlin_Freeper
He does not DO WORK that is why there was no computer or papers on the desk...he vacations and golfs.He is a ceremonial figurehead
13
posted on
09/12/2010 4:02:21 PM PDT
by
RnMomof7
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