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U.S. Poverty Rate on Track to Reach Levels not seen since the 1960's
BI ^ | 7/22/2012 | Staff

Posted on 07/22/2012 2:00:02 PM PDT by GlockThe Vote

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SUMMER OF RECOVERY?
1 posted on 07/22/2012 2:00:09 PM PDT by GlockThe Vote
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To: GlockThe Vote

Here comes another “War on Poverty”.


2 posted on 07/22/2012 2:07:49 PM PDT by JimSEA
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To: GlockThe Vote

It all depends on what the definition of “poor” is...


3 posted on 07/22/2012 2:10:16 PM PDT by Cowboy Bob (Greed + Envy = Liberalism)
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To: GlockThe Vote

Related, excellent article that explains why AP is reporting now on a report that won’t be released until mid-September:

http://www.freerepublic.com/focus/f-news/2909347/posts


4 posted on 07/22/2012 2:12:17 PM PDT by upchuck ("Definition of 'racist:' someone that is winning an argument with a liberal." ~ Peter Brimelow)
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To: GlockThe Vote

Barry’s open borders dream from his father should take us back to the 30s in no time. America’s poverty rate is so low that now we need to import it.


5 posted on 07/22/2012 2:12:23 PM PDT by FlingWingFlyer (Without the Second Amendment, the other twenty-six will cease to exist.)
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To: GlockThe Vote
Socialism is advanced by immiseration. The more people are miserable, the more people say, "Gimme dat socialism!"

Marx talked about this as a strategy. It is also part of Cloward-Piven.

Obamacare is not about providing access to healthcare. Obamacare is about increasing dependency and making more and more people who need government help.

6 posted on 07/22/2012 2:19:18 PM PDT by ClearCase_guy (Roger Taney? Not a bad Chief Justice. John Roberts? A really awful Chief Justice.)
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To: GlockThe Vote

>>SUMMER OF RECOVERY?

Cloward-Piven Endgame—with a new “War on Poverty” that was written by Marx with America’s “nobility” leading us towards destruction just as the Czar’s nobles did for Russia.


7 posted on 07/22/2012 2:20:27 PM PDT by Bryanw92 (Sic semper tyrannis)
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To: Cowboy Bob

Here’s the thing. If you are living in a house that you paid $300k for, and it’s currently valued at $240k....you are locked into a mess. You probably are paying your entire paycheck for the mortgage, which you cannot refinance or work up a new deal, or sell the house because of being underwater. So you pay your monthly salary toward the house and utility bill.

You are exiting off your wife’s paycheck, which you use to pay for two cars, insurance, food, and various essentials of life. To be honest, you are pretty much living on the margins of life and have the poster of “poverty” above your head. You aren’t middle-class anymore because one entire paycheck is paying for a stupid mortgage that you really can’t afford but you were stupid enough to convince yourself you could.

So a whole segment of society is falling off the middle-class table....onto the poverty table. You’d laugh about this and say that a family hauling in $60k after taxes ought to be well beyond poverty, but after you deduct stupid economic decisions....they are on the margins of poverty.

The definition of “poor” isn’t all what you think it is. There are some guys who retired back in 2002 with a million-dollar IRA and a paid-up house....went through the economic stumble of 2008/2009, and today....have to live off their social security check and a greatly decreased input from their IRA which amounts to an extra $800 a month, and hope that things don’t collapse again. Their private golf membership is gone....the second car is gone....and their one vacation a year is a week visiting their daughter in Florida.


8 posted on 07/22/2012 2:20:41 PM PDT by pepsionice
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To: GlockThe Vote

If they have $300 sneakers, widescreen plasma TV, electronic games, computers and PDA’s they aren’t poor.


9 posted on 07/22/2012 2:23:01 PM PDT by Iron Munro ("Jiggle the Handle for Barry!")
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To: JimSEA

The Kenyan must go.

10 posted on 07/22/2012 2:26:13 PM PDT by ex91B10 (We've tried the Soap Box,the Ballot Box and the Jury Box; ONE BOX LEFT!)
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To: ex91B10
HOW AMERICA SPENT $5 TRILLION ON THE WAR ON POVERTY WITHOUT REDUCING THE POVERTY RATE

The Kenyan must go.

11 posted on 07/22/2012 2:28:16 PM PDT by ex91B10 (We've tried the Soap Box,the Ballot Box and the Jury Box; ONE BOX LEFT!)
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To: upchuck

Its called kneepadding Barry at all costs.

I FNG hate the media


12 posted on 07/22/2012 2:30:08 PM PDT by GlockThe Vote (The Obama Adminstration: 2nd wave of attacks on America after 9/11)
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To: GlockThe Vote

Thing is, in the 60s, a lot of those impoverished people didn’t think of themselves as impoverished, and most people, along with the economy, were moving up. Now, impoverished means not owning two flat screen TVs and a gaming laptop. In addition, people are downwardly mobile, like the economy. Things just generally suck more. Somewhere along the line we would have been better off without all the stimulating and debt. It’s too late now.


13 posted on 07/22/2012 2:33:31 PM PDT by pallis
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To: Cowboy Bob
It all depends on what the definition of “poor” is...

Exactly.

Poverty today means getting food stamps, section 8 housing, welfare etc. These aren't factored into the statistics on poverty. You can have a few color TVs and live in a decent apartment and driving a decent car and still be considered to be living in "poverty".
14 posted on 07/22/2012 2:35:49 PM PDT by Signalman
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To: JimSEA
Here comes another “War on Poverty”.

Naaahh, the War on Poverty is over!

Poverty won...

15 posted on 07/22/2012 2:36:30 PM PDT by null and void (Day 1279 of our ObamaVacation from reality - Heroes aren't made Frank, they're cornered...)
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To: ex91B10

Heck, the kenyan is so bad I even miss THAT guy.

(uh...not really!) LOL.


16 posted on 07/22/2012 2:43:41 PM PDT by left that other site
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To: Iron Munro
If they have $300 sneakers, widescreen plasma TV, electronic games, computers and PDA’s they aren’t poor.

I've always considered those identifying marks of the poor. People with the will power to buy less expensive shoes without the "in" styling, one smaller TV (or none), a bat and ball or other traditional toys, and more reasonable cell phones have more than enough money - at least until until Barack has the power to spread it around. It's the ones who are controlled by advertising who become poor on their own.

17 posted on 07/22/2012 2:47:20 PM PDT by Pollster1 (Freedom is never more than one generation away from extinction. - Ronald Reagan)
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To: JimSEA

The Government safety net is what is increase the ranks of the poor!


18 posted on 07/22/2012 2:50:44 PM PDT by SECURE AMERICA (Where can I sign up for the New American Revolution and the Crusades 2012?)
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To: GlockThe Vote
U.S. Poverty Rate on Track to Reach Levels not seen since the 1960's

We need more church groups and tax sheltered shelters for the homeless and the hungry.

The only way to make it happen is to cut government spending and taxes so these generous groups have the money available to help.

19 posted on 07/22/2012 2:54:58 PM PDT by EGPWS (Trust in God, question everyone else)
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To: Cowboy Bob
It all depends on what the definition of “poor” is...

Poverty as defined by the left is when someone has more money than someone else...less those in Washington who don't count as part of the equation.

20 posted on 07/22/2012 3:00:30 PM PDT by EGPWS (Trust in God, question everyone else)
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