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Thread: Most of America’s rich think the poor have it easy

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    Re: Most of America’s rich think the poor have it easy

    Quote Originally Posted by SlevinKelevra View Post
    Did you ever think that despite your rhetoric, what it means to have STRUCTURAL UNEMPLOYMENT in a country?
    That from what I understand is the major difference in this recession compared to past recessions.
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    Re: Most of America’s rich think the poor have it easy

    Quote Originally Posted by Fenton View Post
    Venezuela......Argentina....France.....Spain....It aly...Greece....America
    odd that you left out examples on the other side of the "outcome"
    of course, also odd that you picked france to include in that list.

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    Re: Most of America’s rich think the poor have it easy

    Quote Originally Posted by SlevinKelevra View Post
    odd that you left out examples on the other side of the "outcome"
    of course, also odd that you picked france to include in that list.
    Why would that be odd....France has somewhere in the neighborhood of 20% UE rate....Isn't that too high?
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    Re: Most of America’s rich think the poor have it easy

    Quote Originally Posted by JANFU View Post
    That from what I understand is the major difference in this recession compared to past recessions.
    No, the difference is Keynesian economic policies that have bloated our money supply, artificially propped up the stock market, and prolonged the recovery.
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

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    Re: Most of America’s rich think the poor have it easy

    Quote Originally Posted by leoborn View Post
    And California leads the nation in the number of children living in Poverty! Why isn't Pelosi doing something for the poor in her State instead of being on the bandwagon shouting that the gas tax should be raised so she has more money to spend on what she wants, which isn't hungry children? Typical politician lying out of both sides of her mouth!
    "I'm outraged by the facts I made up!" Hahahaha. All the states with the highest percentage of children living in poverty are in the south, except Missouri. DC is all the way up there, but it isn't a state. Just on the issue of percentage of children living in poverty, California isn't doing as well as some of northern states, but it's warm and a lot of poor people go there to get rich or slowly die, so I'd say they've been doing pretty well for themselves.
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    Re: Most of America’s rich think the poor have it easy

    The statement that elicited the ostensibly egregious response, by it's wording, implied comparison between today (when government benefits are available to help) vs. yesteryear when there weren't.

    To ask if the rich REALLY think the poor have it easy, the question should not have included the word "today" to insinuate that comparison was the point.

    The poor have it easy because they can collect government benefits. (False.... it's still not easy to be poor)
    The poor have it easy today because they can collect government benefits. (True... There were no safety nets before the great society).

    Adding the word "today" shifted the insinuated focus of the question.
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    Re: Most of America’s rich think the poor have it easy

    Quote Originally Posted by Mustachio View Post
    "I'm outraged by the facts I made up!" Hahahaha. All the states with the highest percentage of children living in poverty are in the south, except Missouri. DC is all the way up there, but it isn't a state. Just on the issue of percentage of children living in poverty, California isn't doing as well as some of northern states, but it's warm and a lot of poor people go there to get rich or slowly die, so I'd say they've been doing pretty well for themselves.
    I see a few Northern, and north eastern states in the same boat as "the South".... California, and Texas lead....

    Children in poverty (100 percent poverty) | KIDS COUNT Data Center
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

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    Re: Most of America’s rich think the poor have it easy

    Quote Originally Posted by j-mac View Post
    Why would that be odd....France has somewhere in the neighborhood of 20% UE rate....Isn't that too high?
    what
    France's Unemployment Rate Just Climbed Back To Record Levels - Business Insider

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    Re: Most of America’s rich think the poor have it easy

    Quote Originally Posted by Fenton View Post
    Its happening RIGHT NOW in Argentina and Venezuela.

    You got any better examples than a ruthless dictator ?
    Under the ruthless dictator, there were no social policies being done by the government when they pushed through their great Chicago Boy experiment. They basically took most, if not nearly all safety nets away. They basically went from around a 15% poverty rate to a 48% within short period of time. When they started to push back in some safety nets (near the end of his reign of terror), the poverty rate went down and continued to do so under other leaders after him. The leaders who continued to put back into place social safety nets that were taken away.

    As far as Argentina goes:
    The greatest vulnerability to poverty arises in periods of economic crises or prolonged sluggish growth, which reduces employment and earnings and limit the ability of the government to finance social programs that directly support the poor, according to the World Bank report dated Aug. 7 and made public last week. The institution approved lending Argentina as much as $4.8 billion through 2018 as the nation’s reserves dwindle. Argentina

    We are talking structural adjustments, the whole sale and/or privatization and deregulations of government owned operations and the opening up of the market to the global economy which all led to its economic crisis.

    They are now left very vulnerable as highlighted here: The multilateral organization estimates there is a poverty rate of about 11% in Argentina, but has highlighted that the country should “focus on the need to sustain social gains achieved in recent years and expand social inclusion in an efficient and sustainable manner.”

    The World Bank report, published for internal use in August of this year but made public more recently, thus echoes warnings made by the United Nations Development Program (UNDP) about stalling social progress in the region.

    Vulnerable populations, for the purposes of social policy, are those who have made it out of poverty but do not enjoy economic security like the middle class does. They live on an average 4 to 10 dollars a day and risk being clawed back under the poverty line by economic turmoil, recession or volatility. A third of Argentina's population 'vulnerable' to falling back into poverty, says World Bank — MercoPress

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    Re: Most of America’s rich think the poor have it easy

    Sorry, I got it wrong...The number I was looking at was the youth UE rate, which in France is around 24%, while overall UE is around 10.4%....But even with that, it isn't good...Even the clip you provided to me, says as much.
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

    Alexis de Tocqueville

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