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Originally Posted by daswig
Who knows...maybe they should have studied in school instead of spending their time smoking pot and reading "Teen Beat".
If you're stupid, no matter how much you make, you can indeed live below the poverty line. And the poverty line, BTW, is generally a statistical critter.
If you're born poor and WANT to get out of poverty, you can do it. It may not be fun, it may entail a lot of hard work, but it certainly can be done. Even in Ohio.
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Irate here's an example of someone saying the poor deserve to be poor.
As for alarm bells, when will yours go off? What will it take, because right now we are addicts hitting rock bottom with money as our drug (this country would be devestated without credit and people are pushing the boundaries). What will it take for us to need rehab?
Nice chart, but the big difference between poverty is in the early 60's families on farms were counted in that, plus single mothers rarely worked and if they did they didn't make that much. Also, there were the share croppers, the blacks who had yet to achieve economic equality, and so on. And in the 60's we worked to help the poor, now it's everyone for themselves, again I point to the tax rate where the rich pay 1/2 what they did then and yet they are crying the tax rates are too high.
I may very well be wrong but having my parents grow up in that time (and my father was very poor) and them saying these are the worst times they have ever seen, that says something. There is far more condensation of wealth now. Before even though there was arguably more poverty, the wealth was spread more equally and society as a whole flourished. Today the wealth is going in one direction.
Even my grandmother says this is worse than the depression because people are actually working yet still losing everything because the jobs won't pay enough.
I live in NE Ohio and I can tell you as the factories have closed around here men and women who worked hard for 20 years and had nice houses and cars are losing everything, not because they can't work but because the jobs that are available to them are paying 1/2 what they made if they are lucky. And Ohio to keep bankruptcy down has changed the laws so that it is harder and you walk away with truly nothing. As opposed to being able to restructure and slowly repay. Now they just take everything.