Record Breaking Poverty in America: 52.8 Million and Growing; 46 Million on Food Stamps; 34 Million

[Donnachaidh]

http://daviddegraw.org/2011/08/record-breaking-poverty-in-america-52-8-million-and-growing-46-million-on-food-stamps-34-million-in-need-of-work-over-1-million-deaths-annually-worlds-largest-prison-population/


Snapshot: According to most recent Census Bureau data, from 2005 – 2009, average US household wealth declined by 28%. This represents a loss of $27,000 per household. Currently, at least 62 million Americans, 20% of US households, have zero or negative net worth.

The Census figures cited above are based on statistics that have been consistently proven to be lowball estimates. The government and corporate media spread propaganda on vital economic statistics that mask the severity of our economic crisis. Deceptive inflation, unemployment, poverty and GDP measures, which cast the illusion of recovery, are easily exposed with some research and a closer look at the data. Throughout this report, we will explore significant examples of government economic propaganda. In several cases, the government has been forced to revise their numbers due to proven inaccuracies. The government’s “revisions” are most always for the worse, and are usually just a footnote correction that the public is rarely ever aware of. All that being said, for many statistics we are forced to use government data, as there are not any other extensive data sets available from alternative sources.

Record Breaking Poverty

The Census Bureau poverty rate is a horribly flawed measurement that uses outdated methodology. The Census measures poverty based on costs of living metrics established in 1955 – 56 years ago. They ignore many key factors, such as the increased costs of medical care, child care, education, transportation, and many other basic costs. They also don’t factor geographically-based costs of living. The National Academy of Science measure, which gets little if any corporate media coverage, gives a much more accurate account of poverty, as they factor in these vital cost of living variables.

More at the link --

[rug]

1. No need to ask how the wars are paid for.

[roamer65]

2. ...and it is creeping up on all of us, except the rich.

I make more money than I did in January, 2001 but it buys me much less than back then.

Since they won't raise taxes on the rich, we are paying for all these wars through the hidden tax...INFLATION.

Soon 98% of us will be poor. They will destroy the middle class by destroying the currency.

[truedelphi]

3. Such is life inside an oligarchy.

We are screwn.

[Octafish]

4. Yeah. So?

I got an X-Box.

[Donnachaidh]

6. ....

:spank: :spank: :fistbump: :rofl: bad BAD Octafish :rofl:

[Newest Reality]

5. If the people had a clear idea of what is

really going on, it would be far more difficult to play all the cards that the GOP and others do.

Fudging and misrepresenting the numbers is so useful. That way, you can push all the divisional memes you want to. As long as things look fairly okay in TV-LAND the the blame goes to the victims who, other than being the brunt of class, race and economic status lies, almost don't exist.

The Simulation plays this well and too many people take it for reality!

So, we can hear about the lazy people collecting unemployment and don't want to work, and other, phony ideas that are not only ridiculous and without a factual basis, they are lies that only serve to manipulate, divide, and push what I would call a corporatist/Fascist agenda that gives more power to the deadbeat elite and their corporations.