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Tuesday, September 02, 2014

"Record Number Of Americans In Extreme Poverty" : U.S. Economist

Americans have only themselves to blame; they could have stopped this bullshit a decade ago however beer and circus took precedence as cowardice, illiteracy, complacency and ignorance won out over action    

PRESS TV
09/01/2014

Poverty and unemployment is worsening in America, with a “record number” of US households in extreme poverty and depending on government benefits to survive, an American economist tells Press TV.


“The United States has problems with unemployment and has problems with poverty and a record number of people meeting the standard of extreme poverty,” said Mark Thornton, senior fellow with the Ludwig von Mises Institute in Alabama and a research fellow with the Independent Institute in California.

“Extreme poverty in the United States is now over 4 percent, that means they have less than $2 cash per person, per day,” Thornton said in a phone interview on Monday. “We also have over 20 percent of Americans on food stamps with a record number of households receiving food stamps and other government welfare benefits,” the economist stated. “So the direction of change in the United States has been negative with respect to poverty over the last several years and that doesn’t seem to be turning around anytime soon.”




“We have just as much people in poverty today in the United States as we did 50 years ago with nearly one third of the US population qualifying at below the poverty level at any one point during the year, so the conditions for poor Americans have gotten worse and there’s very little light at the end of the tunnel with respect to Americans getting jobs and getting out of poverty.”




A study published last year by two US economists showed slightly more than one in every 25 American households with children is surviving on less than $2 per day of income from all sources. The findings were originally published in June 2013 by Social Science Review, but have not been reported in the mainstream media.


Titled, “Rising Extreme Poverty in the United States and the Response of Federal Means-Tested Transfer Programs,” the researchers reported that there has been “an increase in the prevalence of extreme poverty among US households with children between 1996 and 2011.”


Furthermore, the study said, “The prevalence of extreme poverty has risen sharply since 1996, particularly among those most impacted by the 1996 welfare reform,” which was signed into law by President Bill Clinton and which embodied numerous elements of President Ronald Reagan’s views on poverty.

AHT/HRJ


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ANDREW KREIG: EXPERTS REJECT FIRE AS CAUSE FOR 9/11 WTC COLLAPSES

The real truth on 9/11 slowly continues to bleed out

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Technical experts are mounting major challenges to official U.S. government accounts of how three World Trade Center skyscrapers collapsed in near-freefall after the 9/11 attacks 15 years ago.

Many researchers are focusing especially on the little-known collapse of

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The Geopolitics Of The United States, Part 1: The Inevitable Empire

The Empire and the inevitable fall of the Obama criminal regime

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STRATFOR Editor’s Note: This installment on the United States, presented in two parts, is the 16th in a series of STRATFOR monographs on the geopolitics of countries influential in world affairs.

Like nearly all of the peoples of North and South America, most Americans are not originally from the territory that became the United States.

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Geopolitics Of The United States Part 2: American Identity And The Threats of Tomorrow

A look back at 2011 predictions for the future in order to put events of today into perspective

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We have already discussed in the first part of this analysis how the American geography dooms whoever controls the territory to being a global power, but there are a number of other outcomes that shape what that power will be like. The first and most critical is the impact of that geography on the American mindset.

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By Robert S. Finnegan

This e-mail outlines and confirms the acts of espionage against Indonesia and Indonesians by Akiko Makino and the others involved both in Kobe University and in AI Lab at University of Airlangga, Surabaya; Bahasa Indonesia original follows English translation...

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UPDATED 01/07/2015 : New Analysis Challenges Tamiflu Efficacy; Hong Kong Corona Virus Outbreak

UPDATED 01/07/2015 : FOX NEWS CORPORATE PHARMA SHILL MEGAN KELLY AND FOX NEWS QUACK DOCTOR NOW PUSHING TAMIFLU FOR PREGNANT WOMEN AND CHILDREN;

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THE 5TH ESTATE UNEQUIVOCALLY WARNS THE PUBLIC NOT TO TAKE OR GIVE THIS PROVEN DANGEROUS, INEFFECTIVE DRUG TO ANYONE

Obama criminals now resulting to biowarfare in quest to destroy Chinese and ASEAN economy; "novel virus substrain" points directly to a Kawaoka / Fouchier / Ernala-Ginting Kobe lab virus weaponized and genetically altered to specifically target and infect the Asian population: Ribavirin...

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The 5th Estate has just purchased a library on H5N1 "Novel" virus pandemics, there are dozens of PDF and Exel documents we feel will assist you in saving lives following intentional releases of the H5N1 and now MERS viruses; we will begin by printing those that appear to be extremely relevant here: H5N1 Kobe-Kawaoka-Ernala series continues soon with more "Smoking Gun" e-mails from Teridah Ernala to The 5th Estate . . .

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By Robert S. Finnegan

On October 12, 2002 the Indonesian island of Bali experienced a terrorist attack that rocked the world. It was unquestionably well-coordinated and executed, the largest in the country's history.

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