1 out of every 7 Americans are poor!

Discussion in 'Economy' started by zzzz, Sep 11, 2010.

  1. zzzz
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    zzzz Just a regular American

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    It is expected that when the figures are released in a few days that between 14.7 and 15% of Americans (1 out 7) were poor in 2009. Not record levels but the biggest one year increase since 1959 when they first started keeping track. More bad news for the Demos just before the election. If the news keeps getting worse the election of 2010 might end up being called a massacre instead of a landslide for the Republicans.

    US poverty on track to post record gain in 2009 - Yahoo! News
     
  2. Tank
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    Tank Gold Member

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    All part of becoming a third world country, thanks libs.
     
  3. rightwinger
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    rightwinger Paid Messageboard Poster Gold Supporting Member Supporting Member

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    I have a hard time with defining what makes someone poor. Poor Americans do not go hungry, have a roof over their head and access to education, rudimentary healthcare and a basic safety net.

    I tend to see that the poverty line is arbitrarilly drawn and is not tied to standards of living
     
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  4. Mad Scientist
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    Mad Scientist Deplorable Gold Supporting Member Supporting Member

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    America has some of the worlds richest "poor people".
     
  5. rightwinger
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    rightwinger Paid Messageboard Poster Gold Supporting Member Supporting Member

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    I don't envy our poor people but would like to see what living standards qualify as poor. I imagine it also depends on what part of the country you live in
     
  6. zzzz
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    zzzz Just a regular American

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    per the same article:

     
  7. rightwinger
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    rightwinger Paid Messageboard Poster Gold Supporting Member Supporting Member

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    $22,025 buys a different standard of living in different parts of the country. Ignoring accumulated wealth also doesn't make sense. If you inherit a $350,000 house but only report $22K in income...are you poor?
     
  8. PoliticalChic
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    PoliticalChic Diamond Member

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    Excellent.

    Further, it is the fluidity of our system that allows for the following:

    More than three-quarters of those working Americans whose incomes were in the bottom 20 percent in 1975 were also in the top 40 percent of income earners at some point by 1991, says Sowell.
    Source: Thomas Sowell, "How Media Misuse Income Data To Match Their Preconceptions," Investor's Business Daily, January 12, 2010.

    For text:
    How Media Misuse Income Data To Match Their Preconceptions - IBD - Investors.com
     
  9. PoliticalChic
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    PoliticalChic Diamond Member

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    However, the standard of living for the poor has increased substantially:
    Today, 43 percent of the poor own their own homes (80 percent have air conditioning and only 6 percent say they are overcrowded), approximately 75 percent own a car, 97 percent own a television, and nearly 80 percent have a VCR or DVD player.
    This definition of poverty, as Samuelson notes, referencing the late Daniel Patrick Moynihan, is scaled up.
    Robert J. Samuelson - Why Obama's poverty rate measure misleads


    Forty-three percent of all poor households actually own their own homes; the average home owned by persons classified as poor by the Census Bureau is a three-bedroom house with one-and-a-half baths, a garage and a porch or patio.
    Eighty percent of poor households have air conditioning; by contrast, in 1970, only 36 percent of the entire U.S. population enjoyed air conditioning.
    Only 6 percent of poor households are overcrowded; two-thirds have more than two rooms per person.
    The typical poor American has more living space than the average individual living in Paris, London, Vienna, Athens and other cities throughout Europe (these comparisons are to the average citizens in foreign countries, not to those classified as poor).
    Also:
    Nearly three-quarters of poor households own a car; 31 percent own two or more cars.
    Ninety-seven percent of poor households have a color television; over half own two or more color televisions.
    Seventy-eight percent have a VCR or DVD player; 62 percent have cable or satellite TV reception.
    Eighty-nine percent own microwave ovens, more than half have a stereo, and a more than a third have an automatic dishwasher.
    Material poverty can be measured relatively or absolutely. An absolute measure would consist of some minimum quantity of goods and services deemed adequate for a baseline level of survival. Achieving that level means that poverty has been eliminated. However, if poverty is defined as, say, the lowest one-fifth of the income distribution, it is impossible to eliminate poverty. Everyone's income could double, triple and quadruple, but there will always be the lowest one-fifth, explains Williams.
    Source: Walter Williams, "Where Best To Be Poor," Jewish World Review, June 30, 2010.
    For text:
    Walter Williams
     
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  10. Trajan
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    Trajan conscientia mille testes

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    uhm, well said.....I recall correctly making the same point in that thread we had on the war on poverty vis a vis judging poverty pre- ww2, I didn't get much traction on that.

    Anyway, I will be interested to see how this is spun by the MSM.

    I clearly recall manic msm coverage of the poor and declining advance of folks out of and influx into poverty in the last admin.....
     
    Last edited: Sep 11, 2010

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