Edwird
Posts: 3558
Joined: 5/2/2016 Status: offline
|
quote:
ORIGINAL: vincentML quote:
So is every American entitled to eat and is food stamps something that ought to be that ultimate guarantor?” No, sorry. Get a job. Here's reality: Most poor people in the US are at least semi-literate. Every homeless person in/near my neighborhood is literate to level of understanding what's said in the NY Times. Some of the downtrodden that my library allows in the doors if they stay quiet might be another matter, I'm not sure. But I can assure you they are all aware of the $3-7 trillion venture to save the bankers from their own folly. And all the houses stolen from their sister or mother or uncle, none of them getting the same coddling as the bankers who stole their house in the firsts place. So after knowing all that; if being offered a job to physically work their ass off paying $8 an hour ($16,640/yr.), they're supposed to jump at the chance, right? To get to the socioeconomics of the matter; Wiki: quote:
According to an analysis that excludes pensions and social security, the richest 1% of the American population in 2007 owned 34.6% of the country's total wealth, and the next 19% owned 50.5%. Thus, the top 20% of Americans owned 85% of the country's wealth and the bottom 80% of the population owned 15%. Financial inequality was greater than inequality in total wealth, with the top 1% of the population owning 42.7%, the next 19% of Americans owning 50.3%, and the bottom 80% owning 7%.[12] However, according to the federal reserve, "For most households, pensions and Social Security are the most important sources of income during retirement, and the promised benefit stream constitutes a sizable fraction of household wealth" and "including pensions and Social Security in net worth makes the distribution more even".[13] When including household wealth from pensions and social security, the richest 1% of the American population in 1992 owned 16% of the country's total wealth, as opposed to 32% when excluding pensions and social security. After the Great Recession which started in 2007, the share of total wealth owned by the top 1% of the population grew from 34.6% to 37.1%, and that owned by the top 20% of Americans grew from 85% to 87.7%. The Great Recession also caused a drop of 36.1% in median household wealth but a drop of only 11.1% for the top 1%.[11][12] It's no matter to me how much money other people make, I think I've made myself clear on that. But when the top two quintiles and the lowest two quntiles (20%, both cases) keep spreading further apart, and the discrepancy between productivity (the actual value of labor) and wages keep spreading apart as they have been since the late 70s onwards, . . . It's not too difficult for a bright mind to see that there might be a whole lot of people who intrinsically get the gist of the whole affair and just say FUCK THAT! "Come at me again when you know what you're doing!" I would gladly put my taxes towards subsidizing business to pay a young guy or gal $12-16/hour if that meant cut-off of billions in subsidies we now pay for agro-chem and defense contractors and oil companies and their fucking wars, and terrorist aftermath. Otherwise, the rest of you clueless are welcome to STFU about whoever is getting food stamps when the whole US economy is seemingly based upon how many billions of tax dollars we can shovel into the corporate trough, and how quickly.
|