More Good News - Poverty Rate

[volinbham]

approaching 50 year high.

U.S. poverty heads toward highest level in 50 years - chicagotribune.com

 

[lawgator1]

Took about 30 of that 50 years to create the problem. Ain't going to fix it in 4.

 

[volinbham]

money for state unions, increasing foodstamps and ACA are going to fix it?

 

[BigPapaVol]

Took about 30 of that 50 years to create the problem. Ain't going to fix it in 4.

Silly to ignore FDR and the 30 years of dem congress thereafter.

 

[BeecherVol]

Took about 30 of that 50 years to create the problem. Ain't going to fix it in 4.

Who says its even on track to get fixed?

 

[Mr_Henley]

Who says its even on track to get fixed?

Food Stamps and entitlements at ridiculous numbers, unemployment way too high, the Fed still destroying what few dollars we do make, etc, etc, etc.

 

[Velo Vol]

I blame the Bush tax cuts (which are still in effect, by the way).

What a boon they have been.

 

[Velo Vol]

Who says its even on track to get fixed?

 

[gsvol]

I blame the Bush tax cuts (which are still in effect, by the way).

What a boon they have been.

How is it that our republic survived for 137 years with no income tax and several presidents during that time were worried about budget surpluses rather budget deficits?

FWIW, the Bush tax cuts don't make a drop in the bucket compared to the amount of excess spending of the current regime.

 

[MG1968]

I blame the Bush tax cuts (which are still in effect, by the way).

What a boon they have been.

yeah, because allowing people to keep more of what they earn is the quickest way to impoverish them

government is the key to prosperity, right?

 

[BeecherVol]

money for state unions, increasing foodstamps and ACA are going to fix it?

No we need more.

 

[YorkVol]

Get rid of minimum wage.

 

[Panthro]

In FY'11, the federal government spent money to aid those less fortunate in our country that exceeded 5500% of that amount spent in 1970...yet our nation's poverty level is the highest since the mid 1960s. I'm no mathmetician, but something's just not adding up here.

 

[lawgator1]

yeah, because allowing people to keep more of what they earn is the quickest way to impoverish them

government is the key to prosperity, right?

Keep the tax cuts for those making under $250,000, jack that sh** up for those making over $1 million. Hard.

 

[n_huffhines]

Keep the tax cuts for those making under $250,000, jack that sh** up for those making over $1 million. Hard.

How is that going to fix the poverty problem, though?

 

[lawgator1]

How is that going to fix the poverty problem, though?

Ah, that's a different question. I got side-tracked by the tax cut discussion itt.

The poverty rate is a function of a lot of things, there is no one fix. Heck, there aren't 10 fixes. Going to take a long time and decades to remedy this problem.

 

[utvolpj]

How is that going to fix the poverty problem, though?

one might argue it's hard to fix a problem that doesn't really exist. I mean, this is the example they highlight?

Now she's living on disability, with an infant daughter and a boyfriend, Garrett Goudeseune, 25, who can't find work as a landscaper. They are struggling to pay their $650 rent on his unemployment checks and don't know how they would get by without the extra help as they hope for the job market to improve.

 

[n_huffhines]

Ah, that's a different question. I got side-tracked by the tax cut discussion itt.

The poverty rate is a function of a lot of things, there is no one fix. Heck, there aren't 10 fixes. Going to take a long time and decades to remedy this problem.

So give me like 5 fixes?

There is one fix. Free enterprise. Improving productivity is what brings about real improvement in standards of living for all classes. Innovation begats productivity. Freedom begats innovation.

 

[lawgator1]

So give me like 5 fixes?

There is one fix. Free enterprise. Improving productivity is what brings about real improvement in standards of living for all classes. Innovation begats productivity. Freedom begats innovation.

1) Simplify tax rates and eliminate deductions and incentives across the board. Actually collect the published rates from every class of taxpayer, natural or corporate.

2) Go off the fiscal cliff.

3) Reduce defense spending and re-dedicate billions to lower deficits and investment in education and technology.

4) Heavier regulation of the banking and financing industry, i.e. cap fees charged on 401k and IRA management; create vehicles for small business to offer their employees low cost index funds.

5) End the cycle of low income families splitting apart and promote fathers in such families staying put. End all child-related tax benefits and deductions, across the board. End additional benefits for having more children. Hold parents responsible for delinquency of children.

 

[KoachKrab127]

Wait a minute, but I thought everything was okay because lots of people have cable and cell phones?

I'm so confused.

hmy:

 

[knucklehead_vol]

Keep the tax cuts for those making under $250,000, jack that sh** up for those making over $1 million. Hard.

You do know that the expat rate is increasing, even among dems?

 

[n_huffhines]

1) Simplify tax rates and eliminate deductions and incentives across the board. Actually collect the published rates from every class of taxpayer, natural or corporate.

2) Go off the fiscal cliff.

3) Reduce defense spending and re-dedicate billions to lower deficits and (1) investment in education and technology.

4) Heavier regulation of the banking and financing industry, i.e. cap fees charged on 401k and IRA management; create vehicles for small business to offer their employees low cost index funds.

5) (2) End the cycle of low income families splitting apart and promote fathers in such families staying put. End all child-related tax benefits and deductions, across the board. End additional benefits for having more children. Hold parents responsible for delinquency of children.

(1) This is the only thing you mentioned that could conceivably help people in poverty.

(2) HTF do you do that?

 

[Velo Vol]

How is it that our republic survived for 137 years with no income tax and several presidents during that time were worried about budget surpluses rather budget deficits?

Half the people lived on farms, received very little formal education, and our military complex consisted of chasing Indians off the land.

 

[Velo Vol]

There is one fix. Free enterprise. Improving productivity is what brings about real improvement in standards of living for all classes. Innovation begats productivity. Freedom begats innovation.

True in the abstract, so long as productivity gains benefit the entire population.

But now we're producing as much as we did before the recession, with several million fewer workers (productivity!)

How is this benefiting the unemployed?

 

[rjd970]

How is that going to fix the poverty problem, though?

Hold up...there is a poverty problem here? Worldwide, isn't almost everybody above the poverty line? Hell, $65K a year is the top 1%.