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Thread: Census shows 1 in 2 people are poor or low-income

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    Re: Census shows 1 in 2 people are poor or low-income

    The middle class has been destroyed over the few decades.

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    Re: Census shows 1 in 2 people are poor or low-income

    Quote Originally Posted by 1Perry View Post
    All the while Wall Street is clamoring for QE3.
    Inflation is at historical lows.
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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    Re: Census shows 1 in 2 people are poor or low-income

    Quote Originally Posted by 1Perry View Post
    Just to get it out of the way.....I'm NOT claiming this is the norm and I have no evidence that shows it anything but the fringe, but have you seen the things drug addicts are willing to live with?
    So then we are agreed that anyone who, by their own volition, abuses social support systems and stays in poverty is a tiny minority?

    Such a group is statistically insignificant. And it would be foolish of us to even take such people into account when determining the way we want to ensure that anyone who is willing to work will not be in poverty.
    Liberté. Égalité. Fraternité.

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    Re: Census shows 1 in 2 people are poor or low-income

    Quote Originally Posted by Catawba View Post
    Inflation is at historical lows.
    Tell that to those going to the grocery store. It's another government twisting of numbers. It's being held down by poor housing figures. A double wack for the lower classes. Pay more while they are losing more.

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    Re: Census shows 1 in 2 people are poor or low-income

    Quote Originally Posted by Paschendale View Post
    So then we are agreed that anyone who, by their own volition, abuses social support systems and stays in poverty is a tiny minority?
    I believe *most* in the lower incomes work their way into higher brackets. It's why the numbers presented are misleading. It's not a problem if the majority of "poor" are working their way up to higher brackets and being replaced by a new generation of the "poor" working their way up to higher brackets.

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    Re: Census shows 1 in 2 people are poor or low-income

    Quote Originally Posted by 1Perry View Post
    Tell that to those going to the grocery store. It's another government twisting of numbers. It's being held down by poor housing figures. A double wack for the lower classes. Pay more while they are losing more.
    You are confusing the increased cost of everything due to increased fuel costs, as we approach world peak oil, with inflation as result of QE.

    Last edited by Catawba; 12-15-11 at 10:49 PM.
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    Re: Census shows 1 in 2 people are poor or low-income

    Quote Originally Posted by Catawba View Post
    You are confusing the increased cost of everything due to increased fuel costs, as we approach world peak oil, with inflation as result of QE.
    QE being a huge part of the problem.

    Food Price Watch - February 2011

    http://www.farmfoundation.org/webcon...px?z=85&a=1742
    Last edited by 1Perry; 12-15-11 at 10:55 PM.

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    Re: Census shows 1 in 2 people are poor or low-income

    Quote Originally Posted by 1Perry View Post
    Nowhere in your article is QE mentioned for the cause of rising costs of world food costs. Here is what your article suggests is the way to address these high food prices:

    "it is important to ensure that further increases in poverty are curtailed by taking measures that calm jittery markets and by scaling up safety net and nutritional programs. Investments in raising environmentally sustainable agricultural productivity, better risk-management tools, less food intensive biofuel technologies, and climate change adaptation measures are all necessary over the medium term to mitigate the impact of expected food price volatility on the most vulnerable.
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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    Re: Census shows 1 in 2 people are poor or low-income

    FYI- the American poverty rate was almost 10% higher, 50 years ago. Its been steadily going down since 1959.

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    Re: Census shows 1 in 2 people are poor or low-income

    Quote Originally Posted by 1Perry View Post
    Tell that to those going to the grocery store. It's another government twisting of numbers. It's being held down by poor housing figures. A double wack for the lower classes. Pay more while they are losing more.
    Lets be fair the prices at the grocery store are being pushed up by greedy Wall Street speculators, remember the truth will set us free

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