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Forget poverty, how are the food insecurity numbers? Can we get a quote from some Director of Feed the Children on those hard statistics of what percentage of children were food insecure at some point in the last year?
Also, check out this bit of pure science from that article:
Quote:
And many economists believe the inflation measure used by the Census Bureau overstates the true increase in prices experienced by consumers. Adjusting for those factors, American families have likely seen at least modest gains in recent decades.
How the hell do you adjust something by an amount described so nebulously as "many economists believe" to arrive at a more accurate number?
Great, another propaganda piece about poverty written by someone who doesn't understand poverty.
Moderator cut: .
All newly created jobs are low paying jobs in service sector, waiters and bartenders. Those jobs don't come with so great benefits, if any. Wall Street has moved long time ago all good paying jobs overseas to the Third World.
Entire so called "recovery" since 2008 is an illusion and one big fat lie. Real Propaganda!!!!!!
For a REAL RECOVERY to happen there are certain elements that need to be in place for a real expansion of the economy. First, and foremost, there need to be expanding employment, expanding wages, and manageable debt levels so that consumers can take on debt to make the economic machine move forward.
None of those three elements are in place today -- quite the opposite: lousy service sector jobs, declining or stagnat wages, and the highest personal and national debt levels in the history of the earth.
Real wages stopped growing in 1970. They have been declining ever since. The elimination of high-paying jobs by 'business efficiency' is the main reason for this. The fact that the main part of this 'efficiency' is, as always, substituting technology for workers -- and, this time, sending jobs overseas does not help the picture of declining real wages.
Now, as we well know, not all slaries and wages have been falling. The financial industry has never had it so good. The ruling class in America -- those who are so deathly afraid of deflaltion -- have been living like kings, feeding off you and I and our children. Debt is good for banks. Inflation of debt is what makes the bottom line of the banks flow like gold -- and makes stock prices of banks soar. We have just passed through a two-decade of inflation, of economic bubble creation, that made the rich much richer and made the rest of us more indebted to the rich.
Last edited by yellowbelle; 09-19-2015 at 11:53 AM..
Reason: personal attack removed
And many economists believe the inflation measure used by the Census Bureau overstates the true increase in prices experienced by consumers. Adjusting for those factors, American families have likely seen at least modest gains in recent decades.
The article is filled with sentences like that, but what's weird about this one is that inflation is thought to be generally understated, not overstated.
We don't really know the truth of many of the issues we read about or hear the talking heads discussing on TV, knowledge is becoming a matter of how much exposure we've had to these news bites or the opinions of the talking heads. To get the kind of understanding we'd need in order to be considered "knowledgeable" one would need to have access to the entire pile of study material--and then read it all.
Or, we can drive our own streets, go to the rural parts of our local areas, read the myriad online posts from those on unemployment, or those about to be, I see a ton of changes here in the US from the sixties to today, not all are good and they sometimes speak to the fact of a lesser spread of financial well being. I see a general decay in so many areas, houses not kept up, empty homes from the 08 debacle, more talk of less opportunity, are these signs of poverty or are they signs of a cultural shift? I do see these as signs of a lessened affluence, but not necessarily a rise in poverty.
When I read the article linked by the OP I wasn't surprised by the ton of conjecture and mindless references to stats collected from dubious sources, what does stand out here is the idea that poverty is something always measureable by arbitrarily set levels of well being. After reading some of the posts herein I've concluded that personal perception is what will make a difference in our society, as long as people feel a need to have the socio/economic state of their nation defined by journalists we'll never feel comfortable with that definition, take a look around you and determine for yourself what shape you think America is in. The clues are all around us, but we still need to find them, think about them, and then come to our own conclusions.
While saying "all" is misleading, certainly the majority.
It isn't misleading, it is false. Complete bull****. There is no other description for the claim that all new jobs are low paying and in the service sector.
Quote:
Originally Posted by greywar
Whats worse is you call it BS....while linking to data that shows exactly that.
The data does not show that all new jobs are low paying and in the service sector, so my calling it BS isn't worse and your claim the data supports it is equally idiotic.
"Despite steady gains in hiring, a falling unemployment rate and other signs of an improving economy, take-home pay for many American workers has effectively fallen since the economic recovery began in 2009, according to a new study.."
9/4/15
Most workers actually making LESS than 5 years ago
Despite the new jobs being created, workers' real wages, including the cost of living, are going backward.
CNBC reported on Thursday that average pay in real terms slumped 4 per cent from 2009-14, according to the National Employment Labor Project.
What's more, the kind of jobs that have been most plentiful during the post-Great Recession boom have seen some of the biggest declines in pay, said CNBC.
Restaurant workers, whose ranks have swelled by 376,000 over the past year, saw real pay declines of 8.9 per cent for cooks, 7.7 per cent for food prepares and 4.8 per cent for waiters and waitresses.
"Our findings on occupational wage declines are consistent with a longer-run trend in wage stagnation and growing income inequality for America's workers," NELP was quoted as saying."
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