Welfare Recipients Now Outnumber Workers

[Edgetho]

 

[Neotrotsky]

Since the Great Society was claimed to end poverty in the US

Almost 50 years later
we have the same rate of poverty

It has only created a modern "serf" class
dependent on the state

For some, they call that a success

Rate of poverty and quality of poverty aren't the same thing.

Yes, I happen to think it's actually nice that we have Medicare that allows people to live longer and not be bankrupted by illnesses. I'm not sure why you think this is a bad idea.

Bad idea is a dependency class- it really is nothing more than sugar coated slavery

Speaking of quality..
Yes, we should make being poor, as comfortable as possible


How do to the poor live today?
(one can see why they keep voting for their lords)

Data from the Department of Energy and other agencies show that the average poor family, as defined by Census officials:

● Lives in a home that is in good repair, not crowded, and equipped with air conditioning, clothes washer and dryer, and cable or satellite TV service.

● Prepares meals in a kitchen with a refrigerator, coffee maker and microwave as well as oven and stove.

● Enjoys two color TVs, a DVD player, VCR and — if children are there — an Xbox, PlayStation, or other video game system.

● Had enough money in the past year to meet essential needs, including adequate food and medical care.

 

[eagle1462010]

37 Quickie Facts That Prove America Is Still In Recession . . . and Rapidly Becoming a Banana Republic

37 facts there. Read and enjoy.............

 

[Edgetho]

Since the Great Society was claimed to end poverty in the US

Almost 50 years later
we have the same rate of poverty

It has only created a modern "serf" class
dependent on the state

For some, they call that a success

Rate of poverty and quality of poverty aren't the same thing.

Yes, I happen to think it's actually nice that we have Medicare that allows people to live longer and not be bankrupted by illnesses. I'm not sure why you think this is a bad idea.

Bad idea is a dependency class- it really is nothing more than sugar coated slavery


How do to the poor live today?
(one can see why they keep voting for their lords)

Data from the Department of Energy and other agencies show that the average poor family, as defined by Census officials:

● Lives in a home that is in good repair, not crowded, and equipped with air conditioning, clothes washer and dryer, and cable or satellite TV service.

● Prepares meals in a kitchen with a refrigerator, coffee maker and microwave as well as oven and stove.

● Enjoys two color TVs, a DVD player, VCR and — if children are there — an Xbox, PlayStation, or other video game system.

● Had enough money in the past year to meet essential needs, including adequate food and medical care.

Terrible analogy.

Slaves actually work.

dimocraps in the ghettos and other 'poverty traps' don't do shit....

Except annoy people with their obnoxiously loud music, horrible style of dress and hair, gang-bang, steal, rob, murder, make more babies than they can support and are generally worthless.

Slaves work.

 

[eagle1462010]

St. Bernanke's Fight Against the Deflation Dragon

The velocity of money is defined by Wikipedia as "the average frequency with which a unit of money is spent on new goods and services produced domestically in a specific period of time. Velocity has to do with the amount of economic activity associated with a given money supply." As the velocity of money increases, inflationary pressures are increased as demand rises. However, as you can clearly see, the demand for money has been on the decline since the turn of the century. The velocity of money did increase, as expected, during the economic recovery following the 2001-2002 recession. The moderate increase in velocity really coincided with the economy's "jobless recovery" but collapsed again during the financial crisis.

Even with all the financial stimulation from bailouts, to QE programs, tax incentives and credits, etc., the velocity of money has waned since the end of the last recession as the economy has sputtered along at sub-par growth rates. Of course, much of that can be attributed to sustained levels of high unemployment which has suppressed both wage growth and aggregate end demand which in turn has kept businesses on the defensive.

 

[Neotrotsky]

Does voting for Democrats
count as work?

 

[eagle1462010]

Stock Market Bubbles And Record Margin Debt: A (Repeating) History Of Ignoring All Warnings | Zero Hedge

It is well-known that as part of the S&P500's ascent to new records, investor margin debt has also surged to all time highs, surpassing for the past three months previous records set during both prior, the dot com and the housing, stock market bubbles.

And as more attention has shifted to the topic of speculator leverage once more, inquiries into the correlation between bets upon bets and stock performance are popping up once more, in this case in a study by Deutsche Bank titled "Red Flag! - The curious case of NYSE margin debt." Of particular note here is a historical comparison of margin-debt warnings that have recurred throughout history but especially just before major stock bubble crashes, such as in the period 1999/2000, 2007/2008 and of course today, which have time and again been ignored.

 

[alan1]

From a man over 200 years ago,

"When the people find that they can vote themselves money, that will herald the end of the republic." ~ Benjamin Franklin

Ben was right and that day has arrived.

agree, but the difference alan is you think ben's warning was speaking about the poor....and I don't...

Actually, I don't think Ben was referring only to the poor. I believe he meant everybody.
Right now, the poor are doing it and one other group is doing it. That other group being the congress since they set their own salary.

 

[NYcarbineer]

Shocked?

I'm not. Not really. It is, afterall, the goal of the democrat party

Census Bureau: Welfare Recipients Now Outnumber Full-Time Workers…

Work harder everyone, millions of Obamabots are depending on you.

Via CNS News:

Americans who were recipients of means-tested government benefits in 2011 outnumbered year-round full-time workers, according to data released this month by the Census Bureau.

They also out-numbered the total population of the Philippines.

There were 108,592,000 people in the United States in the fourth quarter of 2011 who were recipients of one or more means-tested government benefit programs, the Census Bureau said in data released this week. Meanwhile, according to the Census Bureau, there were 101,716,000 people who worked full-time year round in 2011. That included both private-sector and government workers.

That means there were about 1.07 people getting some form of means-tested government benefit for every 1 person working full-time year round.

[/url]

a couple questions about these dubious numbers.

How many of those 108M are children who can't work? Retirees who can't work?

How many of those 108M are adults who have part time jobs but need a government program to supplement their income?

And what about the other 100 M Americans who fall into neither category?

A lot of dubious numbers here, to say the least.

They consider the child tax credit a means tested government benefit, and everyone with children gets to take that depending on how much you make.

 

[eagle1462010]

Alright, enough shooting info at you guys and gals.

We've been in a downward trend for over a decade considering job growth.
The Markets during this time were bubbles, including the Dot com bubble.
Investors had to borrow money to meet Margin calls and now do the same.
We have now reached the highest level of risk since the 2007/2008 crash.
Our economy is in the shits on job growth.
Poverty is increasing.
Welfare is increasing.
Real wages are decreasing.
Prices for goods are higher, even with the deflationary measure of the Fed.
Debt is increasing for the Gov't.
The value of the dollar is decreasing.

BOOM

Are you ready for the next implosion.................................

 

[alan1]

21 Statistics About The Explosive Growth Of Poverty In America That Everyone Should Know

Yes, corporate profits are at levels never seen before, but so is the number of Americans on food stamps. Yes, housing prices have started to rebound a little bit (especially in wealthy areas), but there are also more than a million public school students in America that are homeless. That is the first time that has ever happened in U.S. history. So should we measure our economic progress by the false stock market bubble that has been inflated by Ben Bernanke's reckless money printing, or should we measure our economic progress by how the poor and the middle class are doing? Because if we look at how average Americans are doing these days, then there is not much to be excited about. In fact, poverty continues to experience explosive growth in the United States and the middle class continues to shrink. Sadly, the truth is that things are not getting better for most Americans. With each passing year the level of economic suffering in this country continues to go up, and we haven't even reached the next major wave of the economic collapse yet. When that strikes, the level of economic pain in this nation is going to be off the charts.

1 - According to the U.S. Census Bureau, approximately one out of every six Americans is now living in poverty. The number of Americans living in poverty is now at a level not seen since the 1960s.

2 - When you add in the number of low income Americans it is even more sobering. According to the U.S. Census Bureau, more than 146 million Americans are either "poor" or "low income".

3 - Today, approximately 20 percent of all children in the United States are living in poverty. Incredibly, a higher percentage of children is living in poverty in America today than was the case back in 1975.

4 - It may be hard to believe, but approximately 57 percent of all children in the United States are currently living in homes that are either considered to be either "low income" or impoverished.

comment

Read the rest or disregard, that is simply up to you. Our Standard of Living has been in decline for quite a while now. Poverty is increasing, and the Middle Class is shrinking. The value of the dollar has been in steady decline for 4 decades. We have the bubble Machine of Wall Street going again with no real results with economic output averaging only 1.7 per year growth in the long term.

All those billions of dollars being spent on "The war on poverty", and we have nothing to show for it.

Yet again, I defer to a man from over 200 years ago,

“I am for doing good to the poor, but...I think the best way of doing good to the poor, is not making them easy in poverty, but leading or driving them out of it. I observed...that the more public provisions were made for the poor, the less they provided for themselves, and of course became poorer. And, on the contrary, the less was done for them, the more they did for themselves, and became richer.” ~ Ben Franklin

 

[NYcarbineer]

21 Statistics About The Explosive Growth Of Poverty In America That Everyone Should Know

Yes, corporate profits are at levels never seen before, but so is the number of Americans on food stamps. Yes, housing prices have started to rebound a little bit (especially in wealthy areas), but there are also more than a million public school students in America that are homeless. That is the first time that has ever happened in U.S. history. So should we measure our economic progress by the false stock market bubble that has been inflated by Ben Bernanke's reckless money printing, or should we measure our economic progress by how the poor and the middle class are doing? Because if we look at how average Americans are doing these days, then there is not much to be excited about. In fact, poverty continues to experience explosive growth in the United States and the middle class continues to shrink. Sadly, the truth is that things are not getting better for most Americans. With each passing year the level of economic suffering in this country continues to go up, and we haven't even reached the next major wave of the economic collapse yet. When that strikes, the level of economic pain in this nation is going to be off the charts.

1 - According to the U.S. Census Bureau, approximately one out of every six Americans is now living in poverty. The number of Americans living in poverty is now at a level not seen since the 1960s.

2 - When you add in the number of low income Americans it is even more sobering. According to the U.S. Census Bureau, more than 146 million Americans are either "poor" or "low income".

3 - Today, approximately 20 percent of all children in the United States are living in poverty. Incredibly, a higher percentage of children is living in poverty in America today than was the case back in 1975.

4 - It may be hard to believe, but approximately 57 percent of all children in the United States are currently living in homes that are either considered to be either "low income" or impoverished.

comment

Read the rest or disregard, that is simply up to you. Our Standard of Living has been in decline for quite a while now. Poverty is increasing, and the Middle Class is shrinking. The value of the dollar has been in steady decline for 4 decades. We have the bubble Machine of Wall Street going again with no real results with economic output averaging only 1.7 per year growth in the long term.

All those billions of dollars being spent on "The war on poverty", and we have nothing to show for it.

Yet again, I defer to a man from over 200 years ago,

“I am for doing good to the poor, but...I think the best way of doing good to the poor, is not making them easy in poverty, but leading or driving them out of it. I observed...that the more public provisions were made for the poor, the less they provided for themselves, and of course became poorer. And, on the contrary, the less was done for them, the more they did for themselves, and became richer.” ~ Ben Franklin

How do you know whether we have anything to show for it when you can't know how it would have been had no anti-poverty programs ever been implemented??

 

[Neotrotsky]

Shocked?

I'm not. Not really. It is, afterall, the goal of the democrat party

Census Bureau: Welfare Recipients Now Outnumber Full-Time Workers…

Work harder everyone, millions of Obamabots are depending on you.

Via CNS News:



[/url]

a couple questions about these dubious numbers.

How many of those 108M are children who can't work? Retirees who can't work?

How many of those 108M are adults who have part time jobs but need a government program to supplement their income?

And what about the other 100 M Americans who fall into neither category?

A lot of dubious numbers here, to say the least.

They consider the child tax credit a means tested government benefit, and everyone with children gets to take that depending on how much you make.

In case you forgot...

Just the Additional Child Tax Credit.
Even if one makes too little to take it, it is limited by the total SS and Medicare
taxes one pays so the cash flow is never negative with the gov't.

 

[eagle1462010]

21 Statistics About The Explosive Growth Of Poverty In America That Everyone Should Know

Yes, corporate profits are at levels never seen before, but so is the number of Americans on food stamps. Yes, housing prices have started to rebound a little bit (especially in wealthy areas), but there are also more than a million public school students in America that are homeless. That is the first time that has ever happened in U.S. history. So should we measure our economic progress by the false stock market bubble that has been inflated by Ben Bernanke's reckless money printing, or should we measure our economic progress by how the poor and the middle class are doing? Because if we look at how average Americans are doing these days, then there is not much to be excited about. In fact, poverty continues to experience explosive growth in the United States and the middle class continues to shrink. Sadly, the truth is that things are not getting better for most Americans. With each passing year the level of economic suffering in this country continues to go up, and we haven't even reached the next major wave of the economic collapse yet. When that strikes, the level of economic pain in this nation is going to be off the charts.

1 - According to the U.S. Census Bureau, approximately one out of every six Americans is now living in poverty. The number of Americans living in poverty is now at a level not seen since the 1960s.

2 - When you add in the number of low income Americans it is even more sobering. According to the U.S. Census Bureau, more than 146 million Americans are either "poor" or "low income".

3 - Today, approximately 20 percent of all children in the United States are living in poverty. Incredibly, a higher percentage of children is living in poverty in America today than was the case back in 1975.

4 - It may be hard to believe, but approximately 57 percent of all children in the United States are currently living in homes that are either considered to be either "low income" or impoverished.

comment

Read the rest or disregard, that is simply up to you. Our Standard of Living has been in decline for quite a while now. Poverty is increasing, and the Middle Class is shrinking. The value of the dollar has been in steady decline for 4 decades. We have the bubble Machine of Wall Street going again with no real results with economic output averaging only 1.7 per year growth in the long term.

All those billions of dollars being spent on "The war on poverty", and we have nothing to show for it.

Yet again, I defer to a man from over 200 years ago,

“I am for doing good to the poor, but...I think the best way of doing good to the poor, is not making them easy in poverty, but leading or driving them out of it. I observed...that the more public provisions were made for the poor, the less they provided for themselves, and of course became poorer. And, on the contrary, the less was done for them, the more they did for themselves, and became richer.” ~ Ben Franklin

Our major problem is that investments are going overseas versus here. Our very system is driving away the engines that need to Invest here. Yet they are investing overseas for Cheaper Labor, Low regs, and lower taxes.

Thus the money isn't here to create the jobs we need here.

Only one real area is making a difference here, and that is ENERGY PRODUCTION. Fracking Oil, and Natural Gas production.

Areas were we see real job growth, and increased wages.

If we don't get back into the world markets by domestic production we are screwed. As we tank our economy, we lose our jobs, increase poverty, and lower our standard of living.

Helicopter Berneke and Paulson only prolonged the misery. Their methods are FAILING. The Bail Outs are Failing, and now we are set for another major crash.

We are screwed again, fairly soon. And all they can do is throw Fiat Money at it hoping it will change and save our butts.

 

[NYcarbineer]

a couple questions about these dubious numbers.

How many of those 108M are children who can't work? Retirees who can't work?

How many of those 108M are adults who have part time jobs but need a government program to supplement their income?

And what about the other 100 M Americans who fall into neither category?

A lot of dubious numbers here, to say the least.

They consider the child tax credit a means tested government benefit, and everyone with children gets to take that depending on how much you make.

In case you forgot...

Just the Additional Child Tax Credit.
Even if one makes too little to take it, it is limited by the total SS and Medicare
taxes one pays so the cash flow is never negative with the gov't.

You're saying the stats in the OP didn't count those people? Can you prove that?

 

[Neotrotsky]

I was saying that your definition of 'child tax credit' was wrong

Since they are two different credits- Child Tax Credit and Additional Child Tax Credit
I also pointed out that since Additional Child Tax Credit is netted out against SS taxes and Medicare taxes
in combination with all other credits,
the gov't never has a negative cash flow with the tax payer.

 

[Katzndogz]

Once democrats changed the definition of poverty, they created a massive dependency class. There was a poverty line. Anyone below that line was living in poverty and warranted public assistance. There is still a poverty line, but those who are eligible for public assistance now have incomes 150% above the poverty line.

That's how the numbers of poor are created and inflated.

Federal Poverty Level

obamacare has plans to raise the poverty level to 400% above the federal poverty level.

The poverty level will become relevant to millions more Americans in October 2013, when the health insurance exchanges for the Affordable Care Act open for enrollment. That's because those making 400% or less of the poverty level will be eligible for tax credits to help pay the cost of insurance. In 2013, that translates to $45,960 for individuals and $94,200 for a family of four.

 

[JakeStarkey]

And the far right wonders why they are not appreciated and why they lose national elections, and will continue to do so, because they demonize the folks they don't like instead of sincerely reaching out to them.

 

[Neotrotsky]

We could solve a lot of this problem by simply paying our working poor fairly for the house they put in at corporations that have never done better for . They can still be mega rich AND make their employees' lives better AND lessen the burden for you and me.

Yes it is They's fault. Take theirs.

Agree

We should take all the money from the rich
Of course, it will only cover gov't expenses for about year

But we should still do it

The extreme left wonders why the economy is terrible under Papa Obama.
Their radical programs only pushed the House into the hands of the Republicans

 

[eagle1462010]

And the far right wonders why they are not appreciated and why they lose national elections, and will continue to do so, because they demonize the folks they don't like instead of sincerely reaching out to them.

As they listen to the likes of you who attack business and jobs that AMERICA desperately need..................

Your answer is more Gov't, more regulations, more taxes...........Then you are too stupid to understand why the money is flowing overseas.

This also happened under Bush and continues today as they try to keep the INFLATED FIAT STOCK MARKET MACHINE AFLOAT....................

As the Jobs CZAR moves HIS INVESTMENTS TO CHINA...............

As your side tries to thwart Energy Production in the United States to increase jobs HERE and not in Fucking Saudi Arabia.......................

We are the Saudi Arabia of Natural Gas. It's time to use that asset to Increase our Economy in the U.S. It's already happening now. It's booming, and the only saving grace we have at the time.

The only way to END POVERTY is to CREATE PRIVATE SECTOR JOBS. Not more GOV'T BAILOUTS. We need sustained JOB GROWTH, and then poverty will fall as a result. But we cannot do this without incentives to grow, and taxes that move Corps overseas.

This has been going on over a decade now, and our economy and people are paying a severe price for it.