Tapsearch Com Editorone half are poor while the
December 26th 2011 18:50
Ray Tapajna Pages and Tapsearch Com Network - real time message box
About one half of us in the United States are poor in our "take away" economy
... as President Obama bails our big money and puts them back in charge of our failed economic systems
A recent report from the United States Census Bureau data says that more than 146 million people , or 48 percent of the U.S. population are poor.
Congressman Dennis Kucinich declared this a state of emergency and we all have an obligation to getting the American economy back on solid ground. He says the happening is worst than some of our worst natural disasters. I note many times too, how a natural disaster exposed the degree of poverty in our country that goes unreported. Hurricane Katrina in New Orleans exposed a vast underclass living in a silent depression. It also reflected what is happening across America in many of our major cities.
Today, 1.6 million American children - one in 45- are homeless. Other Americans continue to hunt down jobs that no longer exist. This too is an unreported stat that is hid from all reporting. The term underemployment has lost its meaning with many taking part time jobs in fast food restaurants that once were considered to be only entry level jobs. The unemployment reports also do not sort out the data of how many people are willing to work but are note or the number of people who have two to three part time jobs at the same time. Is the unemployment rate counting people or jobs? And the most glaring statistic never questioned in the change of those who are receiving unemployment insurance, is the stat that seems to contradict everything. Reportedly, only about 38 percent of all American workers qualify for unemployment insurance. When the reports come out about the change in those receiving unemployment insurance , no one in the news media puts in disclaimer or classifies the more than 60 percent of all American that are missing in action not having unemployment insurance. Where are they? What exactly is happening to them?
Congressman Kucinich tells us that nearly 1 in 2 Americans is now considered low-income or have fallen under the poverty line demonstrates the extent of our economic crisis. For the poorest Americans, things have only gotten worse. Since the 1980s, the percentage of families who applied for and actually received public assistance has been cut in half. And yet today, the top 1% of Americans own 34.6% of all privately-held wealth in this country. The top ten most well-paid C.E.O.s in America earned a combined $770 million in 2010, while the average American workers’ wage rose just two percent. The news channels also do not ever add to their news accounting of labor news how many Americans working at places like Walmart , McDonalds etc, need government assistance to survive. No news channels input this into their economic reports about the "take away" ratio or how many new jobs end up being a minus factor in reporting economic news.
In passing temporary discounts for payroll taxes should tell all that something is intrinsically wrong with this particular tax method. It shows that payroll taxes are also "take away" factors in competing in a global economy with the payroll taxes now representing a flat tax on the working poor. It can easily be described as a tariff on work.
Even Congressman Kucinich who challenged free trade for many years, seems to back off this major cause of our economic mess. He and others keep talking about emergency needs to create jobs but do not directly challenge what went wrong. Free trade came and stole our jobs away and deflated the value of labor and workers in the process.
Donald Trump simply says, just put a 25 percent tax on all imported goods from China and our problems will be over. The 25 percent could also represent the amount of value our economy lost in the global "take away" economy. It is probably much higher than that but this is a good starting point. The U.S. lost trillions of dollars in value in the economy due to the exporting of jobs outside of the U.S. while taking away the same amount of taxes when the economy had all that extra value.
On top of this, Trade Deficit is given as just some sort of economic factor that hangs out somewhere in space with no one telling us how great a "take away" value this is.
About one half of us in the United States are poor in our "take away" economy
... as President Obama bails our big money and puts them back in charge of our failed economic systems
A recent report from the United States Census Bureau data says that more than 146 million people , or 48 percent of the U.S. population are poor.
Congressman Dennis Kucinich declared this a state of emergency and we all have an obligation to getting the American economy back on solid ground. He says the happening is worst than some of our worst natural disasters. I note many times too, how a natural disaster exposed the degree of poverty in our country that goes unreported. Hurricane Katrina in New Orleans exposed a vast underclass living in a silent depression. It also reflected what is happening across America in many of our major cities.
Today, 1.6 million American children - one in 45- are homeless. Other Americans continue to hunt down jobs that no longer exist. This too is an unreported stat that is hid from all reporting. The term underemployment has lost its meaning with many taking part time jobs in fast food restaurants that once were considered to be only entry level jobs. The unemployment reports also do not sort out the data of how many people are willing to work but are note or the number of people who have two to three part time jobs at the same time. Is the unemployment rate counting people or jobs? And the most glaring statistic never questioned in the change of those who are receiving unemployment insurance, is the stat that seems to contradict everything. Reportedly, only about 38 percent of all American workers qualify for unemployment insurance. When the reports come out about the change in those receiving unemployment insurance , no one in the news media puts in disclaimer or classifies the more than 60 percent of all American that are missing in action not having unemployment insurance. Where are they? What exactly is happening to them?
Congressman Kucinich tells us that nearly 1 in 2 Americans is now considered low-income or have fallen under the poverty line demonstrates the extent of our economic crisis. For the poorest Americans, things have only gotten worse. Since the 1980s, the percentage of families who applied for and actually received public assistance has been cut in half. And yet today, the top 1% of Americans own 34.6% of all privately-held wealth in this country. The top ten most well-paid C.E.O.s in America earned a combined $770 million in 2010, while the average American workers’ wage rose just two percent. The news channels also do not ever add to their news accounting of labor news how many Americans working at places like Walmart , McDonalds etc, need government assistance to survive. No news channels input this into their economic reports about the "take away" ratio or how many new jobs end up being a minus factor in reporting economic news.
In passing temporary discounts for payroll taxes should tell all that something is intrinsically wrong with this particular tax method. It shows that payroll taxes are also "take away" factors in competing in a global economy with the payroll taxes now representing a flat tax on the working poor. It can easily be described as a tariff on work.
Even Congressman Kucinich who challenged free trade for many years, seems to back off this major cause of our economic mess. He and others keep talking about emergency needs to create jobs but do not directly challenge what went wrong. Free trade came and stole our jobs away and deflated the value of labor and workers in the process.
Donald Trump simply says, just put a 25 percent tax on all imported goods from China and our problems will be over. The 25 percent could also represent the amount of value our economy lost in the global "take away" economy. It is probably much higher than that but this is a good starting point. The U.S. lost trillions of dollars in value in the economy due to the exporting of jobs outside of the U.S. while taking away the same amount of taxes when the economy had all that extra value.
On top of this, Trade Deficit is given as just some sort of economic factor that hangs out somewhere in space with no one telling us how great a "take away" value this is.
| 28 |
| Vote |
Add To: 
subscribe to this blog
