maybe if you looked at the very different definitions of 'low income' and 'poverty' you might get a glimpse as to why you were so very wrong in this analysis. it's always the same come election time anywhere in the world. the idiots with a calculator take $X divide by the number of fruit trees in alaska and come up with the number of poor people who drink wine. and then they blame 'the other guy' for the 'horror' of the situation they cant even explain correctly.
I used to say 'if people had only half a brain...'. Well people dont have half a brain or even a quarter of a brain. most have 4 brain cells and all it does is allow them to quote the rantings of others off the internet and not to have an original idea in their head. -----Original Message----- From: ProFox [mailto:[email protected]] On Behalf Of Nicholas Geti Sent: Friday, 12 October 2012 1:20 AM To: [email protected] Subject: [OT] $1 trillion to help the poor isn't working http://www.nytimes.com/2012/10/11/opinion/americas-ineffective-antipoverty-e ffort.html?nl=todaysheadlines&emc=edit_th_20121011&_r=0 Here is the gist of this article. "....the question of how to lift 46 million Americans out of poverty. It's an issue crying out for serious debate. Each year, American taxpayers spend nearly $1 trillion trying to help the poor, according to a recent study by the Cato Institute. It's easy to miss that headline number, though, because the money flows into and out of scores of federal, state and local government programs. In April, Michael D. Tanner, a senior fellow at Cato, a libertarian research group, compiled a list of 126 federal programs for low-income Americans, which together spend $668 billion of taxpayer money annually. State and local governments allocate an additional $284 billion, he estimated. Consider a thought experiment: Divide $1 trillion by 46 million and you get around $21,700 for each American in poverty, or nearly $87,000 for a family of four. That's almost four times the $23,050 per year federal poverty line for that family. It's intriguing to think about converting all of this to a cash payment that would instantly lift everyone in poverty up to the middle class. " [excessive quoting removed by server] _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[email protected] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
