Tuesday, February 24, 2015
16 million children living in poverty in America
There are 16 million children living in poverty in America many who are homeless who stay in cheap motels or sleep in cars and have to use the restroom at a gas station to wash up for school, and the 40% of Americans who make less than the 1968 minimum wage (inflation adjusted). 85% of the wealth in the stock and financial markets is owned by 10% of the population (federal reserve board of consumer finances stats). When are we going to do something about Greedy Corporate America who is getting rich off of Obamacare, for-profit hospital, drug and for-profit insurance companies as the costs continue to rise. Today, 6.9 million fewer Americans are working or looking for work many of which are discouraged workers who have given up looking for a decent job. This drop accounts for virtually the entire reduction of the unemployment rate since 2009 because those not looking for work do not count as unemployed.
Now over 40% of Americans make less than the 1968 minimum wage (inflation adjusted). Low-wage Americans are not the only workers affected by stagnant wages and rising inequality. The middle class has also experienced stagnating hourly wages over the last generation, and even those with college degrees have seen no pay growth over the last 10 years. With wage stagnation the last 10-15 years, and so many only able to find low wage part time jobs, rents have doubled the last 10-15 years (4.8 million households receive Section 8 housing assistance as of 2008) not to mention food inflation (Between 2000 and 2011, the number of SNAP participants grew 171 percent to reach about 47 million people, roughly 14 percent of the population). But I guess Obama is too busy giving lectures on Religious History, Political Correctness, acting like an imam preaching to Americans leading "Terrorist Sensitivity" training, giving "Citizen Rights" and tax benefits to foreigners who sneak into America and thinking up new ways to piss off Republicans and Christians than to worry about economic facts. I say, Obama supporters who refuse to criticize him either suffer from bias blindness or they're a cult member, and I haven't seen the man walk on water yet... and if you dare question the President's policy on immigration or why he says stupid shiite like "Christian's should come down off thier high horses" regarding Islam (right after ISIS burned a man alive), your head is bitten off by the left and you are called racist and a bigot which is total BS. What a bunch of Politically Correct Lunatics we have running the country trying to brain wash the American public...