Walter Williams talks about the race issue and discusses the real causes of poverty and inequality in the black communities.
Excerpt: Bill O’Reilly has begun the dialogue, a dialogue that, if truly vetted by all sides, could result in the first real progress in solving the problems of inner cities and creating a path for minorities, especially blacks, out of the generational poverty that many are in today.
Read full article here
And this is before food stamps, free lunches, free cell phones and the like. It is just another liberal scam to hide their real intent to redistribute the wealth to the “under worked” class.
Excerpt: Previously, a family of four was considered poor if cash income was less than $22,800. The new definition sharply jerks up this threshold, especially in large cities.
Now, a family of four with full medical insurance, living in Oakland, can be considered “poor” if its yearly pre-tax income is below $42,500. In Washington, DC, the figure is $40,300; in Boston, $39,500; in New York, $37,900.
Remarkably, for the first time these new poverty thresholds are linked to an “escalator” that will boost them faster than inflation year after year. The income thresholds will rise automatically in direct proportion to any rise in the actual living standards of the average American.
Look at it this way: If the real income of every single American were to double overnight, the new measure would show no drop in poverty because the poverty-income thresholds also would double. Under this new definition, we can reduce poverty only if the incomes of the “poor” rise much faster than those of everyone else.
The goal of fighting poverty is no longer about meeting physical needs; instead it has been covertly shifted to equalizing incomes, or “spreading the wealth.”
Divorced from actual living conditions, the new government report on “poverty” is merely an advertising tool for expanding the welfare state.
Read full NY Post article here.
The Obama administration has seen fit to give Social Security recipients a 1.7% raise in benefits in 2013, the lowest since 1975. By not controlling inflation and the cost of energy, Obama is, in effect, decimating the benefits of the retired and elderly. Don’t be fooled by his rhetoric. Read about the COLA “increase” here.