Article

2012-07-23 Economy

US poverty to jump highest since 1960s

Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.

Posted by Fred 2012-07-23 00:00|| || Front Page|| [11130 views ] Top

#1 Highest level since the "War on Poverty" started.

A neverending war/quagmire now consuming a large percentage of all government expenditures, and set to rise even further, in the name of Obumble's "Fairness". Even in Vietnam, Congress was able to 'cut and run.'

Posted by Bobby 2012-07-23 06:05|| 2012-07-23 06:05|| Front Page Top

#2 Who'd have thought that taxing wages meant people had less money to employ people with and thus higher unemployment and lower wages for the less productive!

It's like it was totally predictable or something. Next you'll be telling me the massive increase in debt (and subsequent bust) was totally predictable too!

Keynesians know this is totally unpredictable.

/sarc

Posted by Bright Pebbles 2012-07-23 07:25|| 2012-07-23 07:25|| Front Page Top

#3 Well, if your objective is to destroy the middle class and the republic of which they are the foundation of, then the plan is working well.

Posted by Procopius2k 2012-07-23 09:08|| 2012-07-23 09:08|| Front Page Top

#4 An organization/country is only as good as its leadership. The United States has third world leadership.

Posted by Winky Guelph1968 2012-07-23 09:42|| 2012-07-23 09:42|| Front Page Top

#5 Yeah, and 2/3 of the country believe it is Obama's fault. The other 1/3 must be Donks.

Posted by JohnQC 2012-07-23 14:52|| 2012-07-23 14:52|| Front Page Top

#6 2/3 of the country believe it is Obama's fault

Yet over half still support him. I guess it's not 'all about the economy' anymore.

Posted by Glenmore 2012-07-23 18:47|| 2012-07-23 18:47|| Front Page Top

#7 Go figure. I don't get it.

Posted by JohnQC 2012-07-23 20:40|| 2012-07-23 20:40|| Front Page Top

00:01 JosephMendiola
23:56 JosephMendiola
23:52 Water Modem
23:49 JosephMendiola
23:45 JosephMendiola
23:17 rammer
22:46 Water Modem
22:43 JosephMendiola
22:42 junkiron
22:39 Water Modem
21:48 Richard Aubrey
21:31 Dale
21:20 Steve White
21:09 crosspatch
21:00 Frank G
20:59 Frank G
20:55 rammer
20:49 Alaska Paul
20:40 Procopius2k
20:40 JohnQC
20:38 Frank G
20:28 Raider
19:58 Besoeker
19:49 phil_b