U.S. Poverty Level Highest Since the 1960s
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  U.S. Poverty Level Highest Since the 1960s
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Author Topic: U.S. Poverty Level Highest Since the 1960s  (Read 380 times)
Frodo
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« on: July 23, 2012, 10:49:34 PM »

Since the first thread was a trainwreck, let's try this again:

US poverty on track to reach 46-year high; suburbs, underemployed workers, children hit hard

By Associated Press, Updated: Sunday, July 22, 3:20 PM

WASHINGTON — The ranks of America’s poor are on track to climb to levels unseen in nearly half a century, erasing gains from the war on poverty in the 1960s amid a weak economy and fraying government safety net.

Census figures for 2011 will be released this fall in the critical weeks ahead of the November elections.

The Associated Press surveyed more than a dozen economists, think tanks and academics, both nonpartisan and those with known liberal or conservative leanings, and found a broad consensus: The official poverty rate will rise from 15.1 percent in 2010, climbing as high as 15.7 percent. Several predicted a more modest gain, but even a 0.1 percentage point increase would put poverty at the highest level since 1965.

Poverty is spreading at record levels across many groups, from underemployed workers and suburban families to the poorest poor. More discouraged workers are giving up on the job market, leaving them vulnerable as unemployment aid begins to run out. Suburbs are seeing increases in poverty, including in such political battlegrounds as Colorado, Florida and Nevada, where voters are coping with a new norm of living hand to mouth.
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greenforest32
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« Reply #1 on: July 23, 2012, 11:01:52 PM »

It could be eliminated completely with a basic income and a nationalization of utilities/energy/healthcare + non-profit housing to lower the 'cost of living'.

This won't happen of course because the profit must flow, even if it destroys.
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WhyteRain
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« Reply #2 on: July 23, 2012, 11:56:55 PM »

It could be eliminated completely with a basic income and a nationalization of utilities/energy/healthcare + non-profit housing to lower the 'cost of living'.

I think that's been tried about ... 100 times in human history, including several recently.  They have to build fences to keep people in them.

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How did profit ever destroy anything?  Profit is the GOOD thing that you get after your expenses  -- assuming you did enough things right.
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LastVoter
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« Reply #3 on: July 24, 2012, 01:25:56 AM »

It could be eliminated completely with a basic income and a nationalization of utilities/energy/healthcare + non-profit housing to lower the 'cost of living'.

I think that's been tried about ... 100 times in human history, including several recently.  They have to build fences to keep people in them.

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How did profit ever destroy anything?  Profit is the GOOD thing that you get after your expenses  -- assuming you did enough things right.
Profit is only a good thing if it's distributed throughout the population, otherwise it's just a coercion tool.
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Okay, maybe Mike Johnson is a competent parliamentarian.
Nathan
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« Reply #4 on: July 24, 2012, 01:51:11 AM »

It could be eliminated completely with a basic income and a nationalization of utilities/energy/healthcare + non-profit housing to lower the 'cost of living'.

I think that's been tried about ... 100 times in human history, including several recently.  They have to build fences to keep people in them.

I wasn't aware of anything particularly Orwellian about many of our NATO partners (except Britain's hard-on for CCTV).
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