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Tuesday, May 01, 2012

THE POLITICS OF POVERTY

Star Parker cuts through all the left wing political crap about poverty in America. About 46.2 million people are now considered in poverty as of the end of 2010, up 2.6 million from 2009. The government defines the poverty line as income of $22,314 a year for a family of four and $11,139 for an individual. This explains the 46.5 million people on food stamps. All you have to do is drive through West Philly to confirm that poverty is a big problem in this country.

Lyndon Johnson declared a War on Poverty in 1964. We’ve spent over $10 trillion on this war in the last five decades and the chart below shows you the ROI. A higher percentage of Americans are living in poverty today than in 1965.

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2 comments:

Anonymous said...

With the economy as it is, it's no wonder. Gas@ $4.00 a gallon, Milk @ $4.00 a gallon, bread @ 2bucks & up, beef @ 7,8,9,10 depending, produce averaging 1.99 a pound, outrageous rent, 20,000 dollar autos...Less for more all around. (There's only about 3 ounces of tuna in a can you need to be grateful for paying a dollar for.) I could go on.

Anonymous said...

Drive through West Philly and tell me how many of these people you would hire.Poverty breeds complacency.Now and then one of the less fortunate has the balls to pull him or herself out of it,but rarely.Politicians are always talking about how they came from poverty or poverty stricken areas,but a large percentage of poverty is self induced.