Relative Poverty at Highest since Clinton Era

[mal]

Record number of Americans live in poverty - U.S. news - Life - msnbc.com

Of course the World's Poor DREAM of being American Poor.



peace...

 

[mal]

Wait a minute... There were no Poor during Clinton... That was Utopia!



peace...

 

[Mr Natural]

Record number of Americans live in poverty - U.S. news - Life - msnbc.com

Of course the World's Poor DREAM of being American Poor.



peace...

One more thing we should be thankful for.

 

[CrusaderFrank]

Michelle is sick of being First Lady and we're sick of having her as First Lady

 

[LibocalypseNow]

According to the U.S. Census Bureau,the U.S. Poverty Rate is now at its highest level in 15 years while the number of people living in poverty was the most in the five decades since statistics have been available. The total number of people living in poverty in the U.S. has now risen to an astounding 14.3%. It is estimated that 43.6 Million Americans now live in poverty.

I think it's fair to say that "Hope & Change" has been a monumental disaster. All the spin in the world wont change that. But the worst aspect of this disaster has to be what they've done to so many future generations. I think it's time to reign in the Socialist Democrats. So get out and vote and make 2010 count people.

 

[Big Black Dog]

I'm not sure that's true... None of my relatives are poor. Guess it doesn't apply to my family. However, my brother must be near poverty. He keeps trying to borrow money from me all the time.

 

[CrusaderFrank]

Booooooooooooooooooooosh! Boooosh! Obama Inherited all these po' people!

 

[mal]

Record number of Americans live in poverty - U.S. news - Life - msnbc.com

Of course the World's Poor DREAM of being American Poor.



peace...

One more thing we should be thankful for.

Are you Kidding, I get down on my Knees @ Night before Bed and Thank Obama for these Blessings!...

"It could be Worse! - Vote DemocRAT!"



peace...

 

[Charles_Main]

Ignore the man behind the curtain. It is all Bushes fault. Just ignore the man behind the curtain.

 

[Old Rocks]

During the Clinton years, the poverty rate was in constant decline. During the Bush terms, just the opposite.

Yes, it is Bush's fault and all you bastards that supported his insanity and incompetance share that blame.

http://budget.house.gov/doc-library/fy2009/7.31.08_Bush economic_ and fiscal_ record.pdf

 

[william the wie]

Clinton the man who made dotbomb is blameless, yeah right.

 

[loosecannon]

During the Clinton years, the poverty rate was in constant decline. During the Bush terms, just the opposite.

Yes, it is Bush's fault and all you bastards that supported his insanity and incompetance share that blame.

http://budget.house.gov/doc-library/fy2009/7.31.08_Bush economic_ and fiscal_ record.pdf

Obama redefined the definition of poverty:


March 3, 2010

The federal government is looking at new measures to help define poverty. This is the first time in decades that a new definition is being considered. The current measure, which is mainly of food, is deemed out of date. Other expenses such as clothing, housing, and utilities are likely to be included in the new measure. Host Michel Martin speaks with Algernon Austin, director of the Race, Ethnicity and the Economy program at the Economics Policy Institute.

Poverty Redefined? : NPR

And now we want to move on to a discussion about poverty. For the first time in nearly half a century, the federal government is planning to redefine what it means to be poor in America. Its actually an experiment, but its the first step in rethinking the official definition of poverty since the original measurement was put in place by the Social Security Administration in the mid-1960s......

MARTIN: Whats wrong with the current definition of poverty as its defined by the government? Why do people want to change it?

Mr. AUSTIN: Well, the definition of poverty was basically based on, solely on the cost of food. And it was assumed that poverty would be three times the sort of minimum cost of food for a family.

MARTIN: Cost of food?

Mr. AUSTIN: Yes. Yes, its based on a food basket. However, the cost, over the years, the cost of food has not risen as quickly as the cost of housing and medical care. So, for example, in 1960, the poverty rate - the poverty line for a family of four was about half of the national median family income. Today, its about less than a third, so it certainly has been declining relative to family incomes over time.

MARTIN: So what will the new measure show? I ought to mention that initially the government is going to keep the traditional measure in place, but theyre going to, I guess, do sort of a test in various places to see what you come up with if you use these new instruments. And...

Mr. AUSTIN: Right. And the new measure makes, I think, makes sense to most people. It includes food. But in addition to food, it factors in the cost of clothing, the cost of shelter, the cost of utilities. The exact details Im not sure that theyve finalized yet, but it will probably include some cost of medical expenses and may have adjustment for, geographic adjustments because some places the cost of living is much higher than others. So, it may include all of those factors in trying to determine what does a family whats the minimum that a family need?

MARTIN: And the cost of, well, of course the cost of housing varies wildly...

So by broadening the definition of poverty, and of course as a result of the recession, the number of poor increased.

You can rail on Bush all you want, but there are far more poor people under Obama.

 

[loosecannon]

Clinton the man who made dotbomb is blameless, yeah right.

Clinton secretly did as much or more to cause our current recession than Bush did. But at least Clinton drew down the deficits.

 

[Tank]

Third world President = Third world economy

 

[mal]

Clinton the man who made dotbomb is blameless, yeah right.

Clinton secretly did as much or more to cause our current recession than Bush did. But at least Clinton drew down the deficits.

He was drug, Kicking and Screaming by the GOP Post the 94 Rout to do things like Welfare Reform while the Tax Dollars were Flooding in from the Tech Boom...

A One Armed Chronically Masturbating Chimp could have Overseen that.



peace...

 

[LibocalypseNow]

Trickle Up Poverty. That's all the Hopey Changey Socialists/Progressives have brought to our nation. They just keep dragging us closer & closer to Third World Misery. Lets just hope & pray it's a "Correction Election" coming in November. The Democrats gotta go.

 

[KissMy]

Midnight Shopping On The Brink Of Poverty

Despite torrential rain outside and flash-flood warnings across the area, the couple arrives to shop. Tracy Young says they've been doing this midnight run on the last day of every month for so long now that they're on a first-name basis with Gloria, their cashier. Tracy Young says. At a stroke or two after midnight they begin unloading their carts at the checkout. Tracy says they set aside $500 for groceries a month. With five kids, the money they get never lasts until the next monthly check.

"It's usually about a week and a half," she says. "We try to figure out what we need to do about a week and a half before the end of the month." That's why they're here at midnight: It's when their food stamps and government checks for their 3-year-old daughter kick in on the first of every month.

Shelf-Stocking Patterns For The First Of Every Month

Wal-Mart noticed that sales were spiking on the first of every month. In a recent conference call with investment analysts, Wal-Mart executive Bill Simon said these midnight shoppers provide a snapshot of the American economy today.

"And if you really think about it," Simon said, "the only reason somebody gets out and buys baby formula is they need it and they've been waiting for it. Otherwise, we're open 24 hours, come at 5 a.m., come at 7 a.m., come at 10 a.m. But if you're there at midnight you're there for a reason."

And so Wal-Mart has changed its stocking pattern. It brings out larger packs of items in the beginning of the month, and smaller sizes toward the end. It makes sure shelves have plenty of diapers and formula.

"It's definitely an indicator in terms of people who are struggling," says Charles Fishman, journalist and author of The Wal-Mart Effect. "That tells you there's a large swath of America that is still very carefully calculating how much money is available and how they're spending it on even the most basic things like diapers and milk and bread. That's not the sign of an economy that's shaken off the recession."

 

[mal]

And whether it's right or not... The Party in Power will Feel the Anger of the Voters this Fall...



peace...

 

[LibocalypseNow]

The number of people living in poverty here in the U.S. is now at its highest number in the 50yrs. of Poverty record-keeping. "Hope & Change" has failed. Time for real change. Get out and vote people. Make November count.

 

[mal]

The number of people living in poverty here in the U.S. is now at its highest number in the 50yrs. of Poverty record-keeping. "Hope & Change" has failed. Time for real change. Get out and vote people. Make November count.

Hell, even 3rd Partier Tom Tancredo is Creepin' into "almost Possibleland"...

Still Doubtful that Colorado's Governor won't be Illegal Alien and Cop Killer Employing Mayor Lickenpooper, but it's Closer than I Thought it would be.



peace...