the prezbo is in the midst of creating
the biggest mess the world has ever seen
Yes, like 5.4 unemployment.
you can shove your phony unemployment rate
where the sun dont shine
Life under Obama sucks. And these numbers prove it
The reason? Quality of life is poor. Starting at the very bottom, poverty levels point to stagnation. In January 2009 the poverty rate stood at 14.3 per cent. It rose to around 15 per cent and then fell back down in 2013 to 14.5 per cent (but the actual number of those in poverty remained the same from 2012). Things are worse for black Americans, whose poverty rate has risen in that same period from 25.8 per cent to 27.2 per cent.
Life under Obama sucks. And these numbers prove it - Telegraph
I'm sorry, you don't get to ***** about poverty and at the same time be against raising the minimum wage.
Dunderhead, poverty is higher BECAUSE of the higher min wage. Do you not get this?
LOL, Mississippi is proof enough!
Mississippi has the greatest percentage of poor people in the nation, 21.9%. The state has the greatest percentage of households making below $30,000 a year, 42.53%, and the smallest percentage of households making $200,000 or more, 1.54%. Suffice it to say, poverty is a major issue in Mississippi and it is getting worse. From 2007 to 2009, the state's poverty rate increased from 20.6% to 21.9%.
How about Georgia? Their state minimum wage is $5.15
Gini Coefficient: 0.469
Median Income: $43,340 (10th Lowest)
Households Earning $200,000+: 3.43% (19th Highest)
Population Living Below Poverty Line: 16.50% (12th Highest)
According to the non-profit research organization Institute on Taxation and Economic Policy (ITEP), Georgia's tax system is regressive.
This means that low-income families pay more of their income in state and local taxes than upper-income families do. The poorest 20% of Georgians have 3.2% of statewide personal income before taxes, but their share of after-tax income is just 3.1%. The best-off 1% of residents enjoys 16.7% of pretax Georgia income, and 17.2% of after-tax income. More than 20% of Georgians are living below the poverty line.
See more information at 24/7 Wall Street.
- The Georgia state minimum wage is $5.15. Employees covered under the federal Fair Labor Standards Act are subject to the federal minimum wage of $7.25, but those not covered under the FLSA may be paid the state minimum wage of $5.15.
http://www.ncsl.org/research/labor-and-employment/state-minimum-wage-chart.aspx
Here's another welfare state
Alabama $7.25
Gini Coefficient: 0.471
Median Income: $39,980 (3rd Lowest)
Households Earning $200,000+: 2.13% (9th Lowest)
Population Living Below Poverty Line: 17.50% (6th Highest)
Alabama has the 5th largest percentage of households making less than $30,000 a year, and the tenth-highest percentage of households making above $100,000 a year. It also has the sixth-highest percentage of people living below the poverty line: 17.5%. From 2008 to 2009, the number of households making $200,000 or more a year fell from 2.3% to 2.1%. The number of households receiving food stamps, however, increased 26% from 2008 to 2009. "We're seeing record numbers on food stamps and insurance programs, and there really is a direct correlation," said Jim Carnes, spokesman for the anti-poverty advocacy group Alabama Arise, in The Birmingham News. "As the poverty rate increases, government services have a greater demand."
Texas $7.25
Gini Coefficient: 0.474
Median Income: $47,475 (22nd Lowest)
Households Earning $200,000+: 3.83% (16th Highest)
Population Living Below Poverty Line: 17.20% (8th Highest)
Texas has the largest percentage of its population falling either below the poverty line or making more than $200,000 a year, relative to the other states. Just over 21% of the state's population falls into one of these two camps, although most fall into the former group. According to an article from the St. Petersburg Times' PolitiFact.com, Texas had a GINI index of 0.37 in 1970, which increased to 0.42 in 1990, and is now 0.474, implying increasing long-term income inequality.
See more information at 24/7 Wall Street.