Road to Depression

FPSA extreme poverty on the rise!

on . Posted in Road to Depression

BOSTON, Massachusetts (PNN) - August 21, 2013 - A fast-growing group of people in the Fascist Police States of Amerika, households with children, are living on $2.00 or less per person per day. This shocking condition in a wealthy country such as the FPSA is formally labeled “extreme poverty” by a World Bank metric that gauges poverty “based on the standards of the world’s poorest countries.” Since poor Amerikans live in a rich country, they have traditionally been excluded from this official estimate of dire poverty in the world.

In a study for the National Poverty Center, H. Luke Shaefer of the University of Michigan, and Kathryn Edin of Harvard University, applied the World Bank metric to the FPSA for the first time to show that in mid-2011 and based on cash income, about 1.65 million households, with 3.5 million children, lived in extreme poverty. Since the official poverty level is considered to be $17.00 per person per day, this extent of extreme poverty implies that millions of Amerikans are subsisting on less than 12% of the poverty-line income. Contrary to popular perceptions, the authors further found, based on a measure of cash income, that about one half of the extremely poor heads of households were white and almost one half were married. Childrenhave suffered most: between 1996 and 2011, their numbers in extreme poverty increased by 156%.

How did the social safety nets in the FPSA shrink to allow such a catastrophe? The authors single out two main factors: the Clinton regime’s welfare reform of 1996, combined with the Second Great Depression. The 1996 welfare reform ended the only cash entitlement program for poor families with children and replaced it with a program that provides only time-limited cash assistance, with a requirement that “able bodied” recipients promptly rejoin the work force. Specifically, the need-based program Aid to Families with Dependent Children (AFDC) was replaced by a restrictive federal program called Temporary Assistance for Needy Families (TANF). Consequently, cash assistance fell from 12 million recipient families per month in 1996 to 4.5 million families by December 2011. Meanwhile, the Second Great Depression led the government to expand the Supplemental Nutrition Assistance Program (SNAP, formerly known as the Food Stamp Program) from around 25 million recipients per month in 1996 to 47 million in October 2012. In effect, the working poor were assisted, while those who had become chronically unemployed and desperate were left to fend for themselves. It is astonishing that nearly 50 million Amerikans - mostly children - currently depend on food stamps to survive.

The poor and the rich experienced differently the collapse of the labor, housing and stock markets that started in 2007. For example, the stock markets and housing markets are currently undergoing a boom; but this deceptively bubble-like recovery mostly benefits the super-rich as corporations sit on trillions of dollars and hire as few people as possible.

Wealth inequality has long been part of life in the FPSA, but it has never been as great as it is today. Throughout the 18th and 19th Centuries, wealth inequality increased, with the sharpest rise occurring during the birth of capitalism in the mid-19th century and the massive industrial revolution in the early 20th century. The concentration of wealth, or share of it owned by the wealthiest one percent, rose sharply over this period to peak at about 40% of the total wealth right before the crash of 1929 and onset of the Great Depression. Thereafter, wealth inequality gradually decreased until the late 1970s, but it began to increase again in the 1980s. For example, between 1983 and 1989, the share of wealth held by the wealthiest one percent grew from 33% to about 38%. The most pronounced increase in FPSA wealth inequality occurred between 2001 and 2007 when the wealthiest one percent managed to take a phenomenal 43% of the country’s total wealth. In 2013, only seven percent of the wealth is left to the bottom 80%. The middle class has become poor, and the poor are now destitute.

Current conditions in the FPSA are worse than they were immediately before the Great Depression, but gone are the days of a Franklin Delano Roosevelt, when a FPSA president was not merely a front for corporate interests, and he could persuade his own class to put a brake on its excesses so as to prevent a worker’s revolt. Unconcerned that about 16% of all Amerikans require food stamps to keep from starving, the FPSA House of Representatives proposed, as part of the current Farm Bill deliberations, to reduce SNAP by $40 billion so as to provide subsidies such as free crop insurance mostly to rich farmers. If such a reduction in SNAP is allowed, more families will sink into extreme poverty. Millions more children will go to bed hungry as FPSA politicians run their campaigns around the issues of family values and sanctity of life.

Eulogies

Eulogy for an Angel
1992-Dec. 20, 2005

Freedom
2003-2018

Freedom sm

My Father
1918-2010

brents dad

Dr. Stan Dale
1929-2007

stan dale

MICHAEL BADNARIK
1954-2022

L Neil Smith

A. Solzhenitsyn
1918-2008

solzhenitsyn

Patrick McGoohan
1928-2009

mcgoohan

Joseph A. Stack
1956-2010

Bill Walsh
1931-2007

Walter Cronkite
1916-2009

Eustace Mullins
1923-2010

Paul Harvey
1918-2009

Don Harkins
1963-2009

Joan Veon
1949-2010

David Nolan
1943-2010

Derry Brownfield
1932-2011

Leroy Schweitzer
1938-2011

Vaclav Havel
1936-2011

Andrew Breitbart
1969-2012

Dick Clark
1929-2012

Bob Chapman
1935-2012

Ray Bradbury
1920-2012

Tommy Cryer
1949-2012

Andy Griffith
1926-2012

Phyllis Diller
1917-2012

Larry Dever
1926-2012

Brian J. Chapman
1975-2012

Annette Funnicello
1942-2012

Margaret Thatcher
1925-2012

Richie Havens
1941-2013

Jack McLamb
1944-2014

James Traficant
1941-2014

jim traficant

Dr. Stan Monteith
1929-2014

stan montieth

Leonard Nimoy
1931-2015

Leonard Nimoy

Stan Solomon
1944-2015

Stan Solomon

B. B. King
1926-2015

BB King

Irwin Schiff
1928-2015

Irwin Schiff

DAVID BOWIE
1947-2016

David Bowie

Muhammad Ali
1942-2016

Muhammed Ali

GENE WILDER
1933-2016

gene wilder

phyllis schlafly
1924-2016

phylis schafly

John Glenn
1921-2016

John Glenn

Charles Weisman
1954-2016

Charles Weisman

Carrie Fisher
1956-2016

Carrie Fisher

Debbie Reynolds
1932-2016

Debbie Reynolds

Roger Moore
1917-2017

Roger Moore

Adam West
1928-2017

Adam West

JERRY LEWIS
1926-2017

jerry lewis

HUGH HEFNER
1926-2017

Hugh Hefner

PROF. STEPHEN HAWKING
1942-2018

Hugh Hefner 

ART BELL
1945-2018

Art Bell

DWIGHT CLARK
1947-2018

dwight clark

CARL MILLER
1952-2017

Carl Miller

HARLAN ELLISON
1934-2018

Harlan Ellison

STAN LEE
1922-2018

stan lee

CARL REINER
1922-2020

Carl Reiner

SEAN CONNERY
1930-2020

dwight clark

L. NEIL SMITH
1946-2021

L Neil Smith

JOHN STADTMILLER
1946-2021

L Neil Smith