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IMF warns the US over high poverty
BBC news ^ | June 22th 2016 | BBC news

Posted on 06/22/2016 3:48:05 PM PDT by Ennis85

The US has been warned about its high poverty rate in the International Monetary Fund's annual assessment of the economy. The fund said about one in seven people were living in poverty and that it needed to be tackled urgently. It recommended raising the minimum wage and offering paid maternity leave to women to encourage them to work.

(Excerpt) Read more at bbc.com ...


TOPICS: Culture/Society; News/Current Events
KEYWORDS: collapse; default; imfpovertyus; poverty; shtf; teotwawki
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To: Ennis85

What a bunch of rocket sergeons (sp). Progressives worldwide are economic retards


21 posted on 06/22/2016 4:34:04 PM PDT by VTenigma (The Democrat party is the party of the mathematically challenged)
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To: Ennis85
The US has been warned about its high poverty rate in the International Monetary Fund's annual assessment of the economy. The fund said about one in seven people were living in poverty...

In the early 1800's, Alexis de Toqueville toured the United States and observed that, despite the wealth of opportunity available in the new country, about one in seven families lived in comparative poverty -- because they chose not to pursue those opportunities, but to live on scraps and leavings.

Over time and even today, fifty-plus years of the War on Poverty behind us, about one in seven families are subject to the same self-imposed restrictions.

22 posted on 06/22/2016 4:36:55 PM PDT by okie01 (.)
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To: Ennis85

“Snake oil salesman warns man that he is in poor health.”


23 posted on 06/22/2016 4:38:59 PM PDT by Bogey78O (We had a good run. Coulda been great still.)
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To: austinaero

IMF who has stolen trillions from ordinary people worried about the poor now....wow....I am just overwhelmed now..


24 posted on 06/22/2016 4:39:58 PM PDT by cherry
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To: M Kehoe

Well, there’s the rub. Poverty is based on the prevailing standard of living in each country (or locality even). So if it’s a poor country, you have to be REALLY poor to be considered to be in “poverty”, but in a rich country like the US you can be quite comfortable and still be in “poverty”.

So you can’t compare the poverty rates between countries, because the way they are calculated makes it apples and oranges.


25 posted on 06/22/2016 4:42:23 PM PDT by Boogieman
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To: Ennis85
Poverty?

I grew up with no air conditioning, one car for the family, one bathroom for the family, and helping my mother clip and organize coupons from multiple newspapers. We had one black and white TV, which my dad and I fixed multiple times.

What liberals call poverty today is luxury compared to what my family had. The differences are: (1) we appreciated what we had, and (2) we didn't waste a thing. The real poverty is cultural, and all liberals are suffering from it.

26 posted on 06/22/2016 4:47:09 PM PDT by Pollster1 (Somebody who agrees with me 80% of the time is a friend and ally, not a 20% traitor. - Ronald Reagan)
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To: Ennis85

Death to Socialism


27 posted on 06/22/2016 4:51:33 PM PDT by MrBambaLaMamba ( Evil preaches tolerance until it is dominant, then it tries to silence good.)
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To: Ennis85
It recommended ... offering paid maternity leave to women to encourage them to work.

Uh ... isn't that like offering to set someone's house on fire to keep them warm? How does collecting welfare -- which is all maternity leave is -- encourage anyone to work?

28 posted on 06/22/2016 5:06:07 PM PDT by IronJack
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To: Ennis85

Americans are ‘living in poverty’ - yet find a single household that doesn’t have a color TV and spend needed funds on lottery tickets.


29 posted on 06/22/2016 5:06:57 PM PDT by Jack Hammer
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To: Ennis85

Europeans wanted the U.S.A. to collapse. Now that it’s about to happen, they’re getting scared.


30 posted on 06/22/2016 5:09:08 PM PDT by familyop ("Welcome to Costco. I love you." --Costco greeter in the movie, "Idiocracy")
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To: Ennis85

Millions to iran while his people remain in poverty, change is still the cry of the stupid


31 posted on 06/22/2016 5:11:57 PM PDT by ronnie raygun
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If the deinition of impoverished is the bottom 15% of the population, then there will always be 15% of the population who is impoverished even if each and every one of those within the 15% are millionaires


32 posted on 06/22/2016 5:16:32 PM PDT by dsrtsage (One half of all people have below average IQ. In the US the number is 54%)
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To: austinaero

Well, there wouldn’t be any poverty if Obama stopped importing millions of third-world illegal aliens and Muslim refugees. Get rid of those le chew and we’d be flush with jobs and cash.


33 posted on 06/22/2016 5:18:58 PM PDT by Roger Kaputnik (Just because I'm paranoid doesn't prove that they aren't out to get me.)
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To: Ennis85
Oh dear IMF, you are totally correct! The US will refrain any future monies to the IMF and give it to the poor of the United States of America. Thank you for helping the US to properly “redistribute” its monies.
34 posted on 06/22/2016 5:20:35 PM PDT by Chgogal (Obama "hung the SEALs out to dry, basically exposed them like a set of dog balls..." CMH)
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To: Roger Kaputnik

“le chew” No idea what spell check was thinking about when it spewed that.


35 posted on 06/22/2016 5:20:37 PM PDT by Roger Kaputnik (Just because I'm paranoid doesn't prove that they aren't out to get me.)
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To: Roger Kaputnik

“le chew” No idea what spell check was thinking about when it spewed that.


36 posted on 06/22/2016 5:20:38 PM PDT by Roger Kaputnik (Just because I'm paranoid doesn't prove that they aren't out to get me.)
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To: Ennis85

“Poverty”? Where?
The U.S. poverty line is some 20x world median income. That’s not “poor” in the colloquial sense.

I’m currently reading “The Man Who Quit Money”. THAT is poor, $0/year for two decades, and he’s doing pretty well for himself.


37 posted on 06/22/2016 5:21:29 PM PDT by ctdonath2 ("Get the he11 out of my way!" - John Galt)
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To: Ennis85

Socialists on parade.


38 posted on 06/22/2016 5:23:12 PM PDT by Nuc 1.1 (Nuc 1 Liberals aren't Patriots. Remember 1789)
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To: Ennis85

That’s why we’re voting for Donald Trump.


39 posted on 06/22/2016 5:43:24 PM PDT by captain_dave
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To: Ennis85

Tell the IMF to keep their opinions to themselves. And, to KMA. :-)


40 posted on 06/22/2016 6:15:54 PM PDT by ataDude (Its like 1933, mixed with the Carter 70s, plus the books 1984 and Animal Farm, all at the same time.)
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