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Forum Post: The Worlds of Wealth and Poverty

Posted 1 year ago on Oct. 26, 2012, 3:48 p.m. EST by LeoYo (5784)
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Lies of Plutocracy: Exploding Five Myths that Dehumanize the Poor

Friday, 26 October 2012 00:00 By Jeff Nall, Truthout | New Analysis

http://truth-out.org/news/item/12264-lies-of-plutocracy-exploding-five-myths-that-dehumanize-the-poor

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Money Talks in Many Ways: Election-Season Reflections on How the Ruling Class Rules

Friday, 26 October 2012 00:00 By Paul Street, Z Communications | News Analysis

http://truth-out.org/news/item/12337-money-talks-in-many-ways-election-season-reflections-on-how-the-ruling-class-rules

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Globalism Is Killing Us All

Thursday, 25 October 2012 14:20 By Thom Hartmann and Sam Sacks, The Daily Take | Op-Ed

http://truth-out.org/news/item/12334-thomm-hartmann-globalism-is-killing-us-all

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Five Specific Questions Journalists Should Ask About the Drone Strike Policy

Friday, 26 October 2012 09:40 By Robert Naiman, Truthout | Op-Ed

http://truth-out.org/opinion/item/12348-five-specific-questions-journalists-should-ask-about-the-drone-strike-policy

3 Comments

3 Comments


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[-] 0 points by BetsyRoss (-744) 1 year ago

Over $60,000 in Welfare Spent Per Household in Poverty

"According to the Census’s American Community Survey, the number of households with incomes below the poverty line in 2011 was 16,807,795," the Senate Budget Committee notes. "If you divide total federal and state spending by the number of households with incomes below the poverty line, the average spending per household in poverty was $61,194 in 2011."

"This dollar figure is almost three times the amount the average household on poverty lives on per year. "If the spending on these programs were converted into cash, and distributed exclusively to the nation’s households below the poverty line, this cash amount would be over 2.5 times the federal poverty threshold for a family of four, which in 2011 was $22,350 (see table in this link)," the Republicans on the Senate Budget Committee note."

"To be clear, not all households living below the poverty line receive $61,194 worth of assistance per year. After all, many above the poverty line also receive benefits from social welfare programs (e.g. pell grants)."

"But if welfare is meant to help bring those below the poverty line to a better place, it helps demonstrate that numbers do not add up."

http://www.weeklystandard.com/blogs/over-60000-welfare-spentper-household-poverty_657889.html


Yay for government!

[-] 0 points by Brython (-146) 1 year ago

Exactly what I've been saying for years: at least one half of every dollar that goes to government finds its way to waste and corruption. Any estimates on the cost of future healthcare, if government is involved, must be multiplied by three.

[-] -1 points by BetsyRoss (-744) 1 year ago

But you can't fool these people with FACTS and MATH. No siree. The answer is always MORE MONEY!!!!!