The
Abstract: The Old Gray Lady [
We begin:
“In 2008, the first year of the Great Recession, the number of Americans living in poverty rose by 1.7 million to nearly 47.5 million. While hugely painful, that rise wasn’t surprising given the unraveling economy. What is surprising is that recent census data show that those poverty numbers held steady in 2009, even though job loss worsened significantly that year.”[1]--Poverty and Recovery EDITORIAL Published:
This looks like a set-up to ‘prove’ that our social spending and stimuli of various sort has kept poverty levels to a minimum. The implicit notion here is that our government has accomplished this wonderful feat in spite of the greedy corporations and racketeering banksters who would steal the few pieces of wealth that that poor have left. This is the very ultimate in underpinnings of socialist governments where their wonderful interaction between the greedy upper class and the poor defenseless peoples stands as a firewall to sustain peace, social justice and the redistribution of wealth. All this at a ruinous and unsustainable price.
I wonder how many illegal aliens are included in these numbers.
How to best read my blogs:
[I offer extensive quotes in this blog so that the reader can view the exact language and can be confident that nothing was taken out of context or that nobody was misquoted. The easiest way to take in the salient points is to read the emphatic points in the quotes and then peruse my comments. Comments on my comments are always welcome: ryckki@gmail.com.] [Emphasis is mine in all quotes.]
The problem:
“Clearly, the sheer scale of poverty — 15.7 percent of the country’s population — is unacceptable. But to keep millions more Americans from falling into poverty during a deep recession is a genuine accomplishment that holds a vital lesson: the safety net, fortified by stimulus, staved off an even more damaging crisis.” --Poverty and Recovery EDITORIAL
This finding comes from the census where the poverty level seemed to remain constant although jobs were lost. The first project in this blog is look at how that poverty level is defined. This Poverty line[2][3] is examined in this little piece. The
The Source:
“The latest poverty figures are from the census “alternative” data[4], developed in the 1990s to count income and expenses that the “official” data omit.” --Poverty and Recovery EDITORIAL
Apparently, our government, or whomever we consider to be ‘official’ have abused realty and submitted numbers that are too rosy. We need to find other numbers from various places to show that more sending is necessary.
Okay, then where does this 15.7% number come from?? The government reference [from the cited US Census Bureau] below shows the ‘official poverty level’ to be 14.3%--not %15.7. This difference counts an additional 4.65 million people. What is going on here? Granted, this is 1.5% of the population or so but this should be explained as to how they arrived at this. Perhaps calculations that are off by several million are just fine.
According to Wikipedia, the poverty level is defined thusly: “Poverty is defined as the state of one who lacks a usual or socially acceptable amount of money or material possessions”
This is a circular essay in number numbness where the notion of something that is socially acceptable defies any definition or boundaries. I think it is clear from these proceedings that the
This marks a junction point for this editorial where the only possible socially acceptable path forward is have the government keep this spending level up at all costs. The rest is details.
Now, we call in the ‘experts’ to sanction the path forward:
“What analysts have found is that the antipoverty effect of government intervention in 2009 was profound. Calculations by the Center on Budget and Policy Priorities, a liberal-leaning research group, show that specific stimulus provisions — including expanded federal jobless benefits, new and improved tax credits for workers and bolstered food stamps — kept 4.5 million people out of poverty in 2009. Only Social Security and the earned income credit did more to fight poverty” --Poverty and Recovery EDITORIAL
Our Social Security debt liability is $14.793 trillion on this date.[7]
But, there is more: The lever that opens up the tax faucets to maximum flow:
“The results are likely to be roughly similar in 2010 because most of the 2009 law was continued last year. The portents going forward are not good.” --Poverty and Recovery EDITORIAL
The Demonization of the Right Wing begins:
“Federal aid is being scaled back, even though growth is not yet robust enough to make a sizable dent in unemployment. Late last year, Republicans blocked the extension of a successful stimulus program that had created 250,000 subsidized jobs for young people and low-income parents. They claimed the stimulus was an expensive failure, even as they pressed to renew the high-end Bush tax cuts. As part of the tax-cut deal, President Obama and Congress agreed to extend federal jobless benefits in 2011, but the checks will be $25 less a week than under the stimulus. That reduction could push an estimated 175,000 more people into poverty in 2011. The deal also included a one-year payroll tax cut that will benefit most workers, but it is less helpful to the lowest-income workers than a now-expired tax break in the stimulus.” --Poverty and Recovery EDITORIAL
We can not be concerned with the notion, introduced in the negative sense above, that there are objections from the right about the efficiency of stimuli. It would be interesting to read in the
Here are some failures that are not acknowledged as failures by the
We are still stuck with a 9.7% unemployment rate [as of March 27, 2010] and much of our current
But, for an economically sterile advocacy group like the Times, this has no effect on their outlook. When it is time to waste more money the
Lesser entities can chuck in some smaller points that these two intellectual giants such as Old Brown Lady.[21] Then there are ‘converts’ or those who were originally ‘conservative’ that publish their stuff here like The Chief Babbler David Brooks[22][23]
The conclusion:
“We know it goes against the prevailing rhetoric to argue that more and better government policies are still needed to repair the economy. It is also unpopular to argue that programs that have succeeded for decades in reducing poverty, like Social Security, need to be preserved even as they are retooled for the 21st century. To do otherwise is to deny the evidence.
President Obama must explain to the American people that the country needs to continue relief and recovery efforts, especially programs to create jobs. Without that, tens of millions of Americans stuck in poverty will have little hope of climbing out — and many more could join their ranks.”--Poverty and Recovery EDITORIAL
The debt is so high and now we have 99 weeks of benefits that will doubtless be extended in tearful tactics the prediction is that these people and many more, will joint the ranks of the impoverished when our currency is debased and our AAA credit rating is tossed in the trash. We blindly follow the
Tax and spend for ANY reason. Well, the H0use can stop a lot of this. Just get the courage to do so because the abuse level you will get from this paper and similar ragzines will not roar much louder. They have shot most of their bolts already. They must now be saddled with their manifold failures and their votes tabulated and broadcasted among the heavens to spread the word that these people are little more than social parasites.
rycK
Comments to: ryckki@gmail.com
[1] Poverty and Recovery EDITORIAL Published:
[2] Poverty in the United States is cyclical in nature with roughly 13 to 17% of Americans living below the federal poverty line at any given point in time, and roughly 40% falling below the poverty line at some point within a 10-year time span. Poverty is defined as the state of one who lacks a usual or socially acceptable amount of money or material possessions.[1]Approximately 43.6 million Americans were living in poverty in 2009, up from 39.8 million in 2008.[--Wikipedia http://en.wikipedia.org/wiki/Poverty_threshold
[3] Determining the poverty line is usually done by finding the total cost of all the essential resources that an average human adult consumes in one year.[1] This approach is needs-based in that an assessment is made of the minimum expenditure needed to maintain a tolerable life. This was the original basis of the poverty line in the United States, whose calculation was simplified to be based solely on the cost of food and is updated each year.-- http://en.wikipedia.org/wiki/Poverty_threshold
[4] Census Bureau Releases Alternative Income and Poverty Estimates
“The Census Bureau has released alternative income and poverty estimates covering calendar year 2009, including breakdowns by age, sex and race.
These estimates do not revise or replace the official 2009 income and poverty estimates released
The Census Bureau has released alternative measures of poverty for many years based on the recommendations of Congress and the
http://www.census.gov/newsroom/releases/archives/poverty/cb11-06.html
[5] The Babbling Brooks of the
[6] In honor of that celebrated Communist stooge and liar and winner of the Pulitzer Prize for the
“He said that these people had to be "liquidated or melted in the hot fire of exile and labor into the proletarian mass". Duranty claimed that the Siberian labor camps were a means of giving individuals a chance to rejoin Soviet society but also said that for those who could not accept the system, "the final fate of such enemies is death." Duranty, though describing the system as cruel, says he has "no brief for or against it, nor any purpose save to try to tell the truth". He ends the article with the claim that the brutal collectivization campaign which led to the famine was motivated by the "hope or promise of a subsequent raising up" of Asian-minded masses in the
[8] 650,000 Strawdogs Bark at the Moon. The Obama ‘Recovery’ is a Numerical Monkey Circus
[9] Belligerent Ignorance, Phony Economics and the Clunker Crusaders:
[10] Maximizing Both Tax Revenues and Economic Growth: The Folly of Government and the Generation of Phony Numbers and Class Warfare
[11] Resurrecting a Zombie: The Revival of the Failed Keynesian Myth and the Logic of Joseph Stiglitz
http://ryckki.blogspot.com/2010/10/resurrecting-zombie-revival-of-failed.html
[12] The Hag of Harpur and the Old Red Lady both Criticize the Obama Healthcare System and Hillary
[13] The Old Red Lady of the Old Gray Lady Comments on Losers: Clinton and Kim
[14] The Old Red Lady of the Old Gray Lady Howls at the Moon. Palin has Rattled Her Cage Door.
[15] The
[16] Frank [the Crank] of the
Frank [the Crank] of the
Frank [the Crank] of the
Frank [the Crank] of the
Propaganda Gem: Frank the Crank Clarifies Anger for the Women Voters and the Polls Show Obama Wins the Most Women!
Frank The Crank of the
Frank the Crank [Rich] Dumps on Clintoonery to Save Racism http://rycksrationalizations.blogtownhall.com/2008/05/11/frank_the_crank_[rich]_dumps_on_clintoonery_to_save_racism.thtml
[17] Frank Rich Expounds on Slick Willie’s Pratfall.
http://rycksrationalizations.townhall.com/g/e38fe3fb-43a9-4fe5-88a4-23ad34795e2c
[19] The
http://rycksrationalizations.blogtownhall.com/2008/05/03/the_nyt_wants_us_to_get_off_reverend_wright…[remember_the_macaca_follies].thtml.
[20] The
[21] The Old Brown Lady of the New York Times [Old Gray Lady] Mumbles Dootifully about the Criminal Good Time Charlie Rangel
http://rycksrationalizations.blogtownhall.com/2009/10/08/the_old_brown_lady_of_the_new_york_times_[old_gray_lady]_mumbles_dootifully_about_the_criminal_good_time_charlie_rangel.thtml
[22] The Babbling Brooks of the
[23] The Babbling Brooks of the
The Babbling Brooks of the
The Babbling Brooks of the
The Babbling Brooks of the
The Babbling Brooks of the
The Babbling Brooks of the
From the Babbling Brooks: Confusion, Hokum and Fluff: Vote for Obama
Echoes from the Babbling Brooks Envision a New Conservatism. The New York Times Advises Us on Society, as Usual: Higher Taxes
Posted by rycK on
Brooks of the New York Times Mumbles about Bugs, Independent Voters and Mechanical Liberalism
http://rycksrationalizations.townhall.com/g/50bf9f36-0e0b-4e9a-be6d-5234d0d54f2c
The Babbling Brooks of the
The Babbling Brooks of the
Echoes from the Babbling Brooks Envision a New Conservatism. The New York Times Advises Us on Society, as Usual: Higher Taxes Posted by rycK on
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