Poverty level under Obama breaks 50-year record

View previous topic View next topic Go down

Poverty level under Obama breaks 50-year record

Post  fshnski on Thu Jan 09, 2014 8:56 am

Fifty years after President Johnson started a $20 trillion taxpayer-funded war on poverty, the overall percentage of impoverished people in the U.S. has declined only slightly and the poor have lost ground under President Obama.

Aides said Mr. Obama doesn’t plan to commemorate the anniversary Wednesday of Johnson’s speech in 1964, which gave rise to Medicaid, Head Start and a broad range of other federal anti-poverty programs. The president’s only public event Tuesday was a plea for Congress to approve extended benefits for the long-term unemployed, another reminder of the persistent economic troubles during Mr. Obama’s five years in office.

“What I think the American people are really looking for in 2014 is just a little bit of stability,” Mr. Obama said.

Although the president often rails against income inequality in America, his policies have had little impact overall on poverty. A record 47 million Americans receive food stamps, about 13 million more than when he took office.

The poverty rate has stood at 15 percent for three consecutive years, the first time that has happened since the mid-1960s. The poverty rate in 1965 was 17.3 percent; it was 12.5 percent in 2007, before the Great Recession.

About 50 million Americans live below the poverty line, which the federal government defined in 2012 as an annual income of $23,492 for a family of four.

President Obama’s anti-poverty efforts “are basically to give more people more free stuff,” said Robert Rector, a specialist on welfare and poverty at the conservative Heritage Foundation.


http://www.washingtontimes.com/news/2014/jan/7/obamas-rhetoric-on-fighting-poverty-doesnt-match-h/

_________________
"If you like your health care plan … you can keep your health care plan! … Period!"

If you like your Doctor, you can keep your Doctor.
avatar
fshnski

Posts : 4223
Reputation : 6
Join date : 2013-02-04
Location : Woofbura

View user profile

Back to top Go down

Re: Poverty level under Obama breaks 50-year record

Post  fshnski on Thu Jan 09, 2014 6:22 pm

It is an indictment of the obama administration's policies to have to extend the unemployment benefits.

_________________
"If you like your health care plan … you can keep your health care plan! … Period!"

If you like your Doctor, you can keep your Doctor.
avatar
fshnski

Posts : 4223
Reputation : 6
Join date : 2013-02-04
Location : Woofbura

View user profile

Back to top Go down

Re: Poverty level under Obama breaks 50-year record

Post  WHL on Thu Jan 09, 2014 6:54 pm

Yes, if the economy is so improved as he would like to pretend, we wouldn't need to extend unemployment benefits.
avatar
WHL
Admin

Posts : 6036
Reputation : 11
Join date : 2013-01-14

View user profile

Back to top Go down

Re: Poverty level under Obama breaks 50-year record

Post  News Hawk on Mon Nov 24, 2014 9:01 pm



When the verdict is published at Ferguson, take care not to get poked by looted 70" TVs.

No


.
avatar
News Hawk

Posts : 7959
Reputation : 9
Join date : 2013-01-16
Location : Winnipesaukee & Florida

View user profile http://bwolfeboro.runboard.com/f2

Back to top Go down

Re: Poverty level under Obama breaks 50-year record

Post  Sponsored content


Sponsored content


Back to top Go down

View previous topic View next topic Back to top

- Similar topics

 
Permissions in this forum:
You cannot reply to topics in this forum