A couple of weeks ago Paul Ryan, the speaker of the House, sort of laid out both a health care plan and a tax plan. I say sort of, because there weren’t enough details in either case to do any kind of quantitative analysis. But it was clear that Mr. Ryan’s latest proposals had the same general shape as every other proposal he’s released: huge tax cuts for the wealthy combined with savage but smaller cuts in aid to the poor, and the claim that all of this would somehow reduce the budget deficit thanks to unspecified additional measures.
Given everything else that’s going on, this latest installment of Ryanomics attracted little attention. One group that did notice, however, was Fix the Debt, a nonpartisan deficit-scold group that used to have substantial influence in Washington.
Indeed, Fix the Debt issued a statement — but not, as you might have expected, condemning Mr. Ryan for proposing to make the deficit bigger. No, the statement praised him. “We are concerned that the policies in the plan may not add up,” the organization admitted, but it went on to declare that “we welcome this blueprint.”
And there, in miniature, is the story of how America ended up with someone like Donald Trump as the presumptive Republican nominee and possible next president. It’s all about the enablers, and the enablers of the enablers.
To put it bluntly, the modern Republican Party is in essence a machine designed to deliver high after-tax incomes to the 1 percent. Look at Mr. Ryan: Has he ever shown any willingness, for any reason, to make the rich pay so much as a dime more in taxes? Comforting the very comfortable is what it’s all about.
From here: All the Nominee's Enablers
Excerpt:
Were the Replicants to win control of each our three parts of government (Executive, Legislative and Judiciary) then we can kiss good-by to any progress towards repairing the nation of its overbearing Income Disparity. Which has incarcerated 15% of our population into an existence below the Poverty Threshold ($24K yearly, family of four) since 1965.
Hard to believe that? Yes, it is, so see the Census Bureau data:
View attachment 67203979
Fifteen percent of our population is nearly 50 million American men, women and children - or about the size of California and Illinois combined ...
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From here: All the Nominee's Enablers
Excerpt:
Were the Replicants to win control of each our three parts of government (Executive, Legislative and Judiciary) then we can kiss good-by to any progress towards repairing the nation of its overbearing Income Disparity. Which has incarcerated 15% of our population into an existence below the Poverty Threshold ($24K yearly, family of four) since 1965.
Hard to believe that? Yes, it is, so see the Census Bureau data:
View attachment 67203979
Fifteen percent of our population is nearly 50 million American men, women and children - or about the size of California and Illinois combined ...
__________________________
From here: All the Nominee's Enablers
Excerpt:
Were the Replicants to win control of each our three parts of government (Executive, Legislative and Judiciary) then we can kiss good-by to any progress towards repairing the nation of its overbearing Income Disparity. Which has incarcerated 15% of our population into an existence below the Poverty Threshold ($24K yearly, family of four) since 1965.
Hard to believe that? Yes, it is, so see the Census Bureau data:
View attachment 67203979
Fifteen percent of our population is nearly 50 million American men, women and children - or about the size of California and Illinois combined ...
__________________________
If that family of four had one full time worker earning the average US wage (link below provides that by industry) they would be far above the poverty level. With the exception of retaill trade (at about $17.50/hour), a single full time worker could suport a family of four at or above the poverty level ($24K/year or about $11.50/hour) making about half of the industry average hourly wage.
Table B-3. Average hourly and weekly earnings of all employees on private nonfarm payrolls by industry sector, seasonally adjusted
If that family of four had one full time worker earning the average US wage (link below provides that by industry) they would be far above the poverty level. With the exception of retaill trade (at about $17.50/hour or leisure at about $14.50/hour), a single full time worker could suport a family of four at or above the poverty level ($24K/year or about $11.50/hour) making about half of the industry average hourly wage.
Yes, well if everybody were obtaining the average wage, we'd have no poverty at all wouldn't we?
But that aint gonna happin under the present circumstances, is it?
Unless you're a magician with a magic wand, which you are are not.
So, explain yourself ...
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It is a political tool more than it is a statistically useful index..
Yes, well if everybody were obtaining the average wage, we'd have no poverty at all wouldn't we?
But that aint gonna happin under the present circumstances, is it?
Unless you're a magician with a magic wand, which you are are not.
So, explain yourself ...
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Why should he "explain" himself. That would be more your job. Why do you continuously feed misleading data into the discussions? You know that it should not be used in the way you use it. So why do you do it?
From here: All the Nominee's Enablers
Excerpt:
Were the Replicants to win control of each our three parts of government (Executive, Legislative and Judiciary) then we can kiss good-by to any progress towards repairing the nation of its overbearing Income Disparity. Which has incarcerated 15% of our population into an existence below the Poverty Threshold ($24K yearly, family of four) since 1965.
Hard to believe that? Yes, it is, so see the Census Bureau data:
View attachment 67203979
Fifteen percent of our population is nearly 50 million American men, women and children - or about the size of California and Illinois combined ...
__________________________
From here: All the Nominee's Enablers
Excerpt:
Were the Replicants to win control of each our three parts of government (Executive, Legislative and Judiciary) then we can kiss good-by to any progress towards repairing the nation of its overbearing Income Disparity. Which has incarcerated 15% of our population into an existence below the Poverty Threshold ($24K yearly, family of four) since 1965.
Hard to believe that? Yes, it is, so see the Census Bureau data:
View attachment 67203979
Fifteen percent of our population is nearly 50 million American men, women and children - or about the size of California and Illinois combined ...
__________________________
That's true, the only problem is that the Democratic party is too busy fighting for the TPP
I thought that I had explained having one full time worker making just over $11.50/hour would take that family of four out of poverty. Perhaps the key to not being poor is having at least one family member with an average wage (or half that in most occupations) full time job. I agree that getting and keeping such a job is a lofty goal but most (85% to 87%?) manage to do so.
The Census Bureau is now publishing "political tools"?!?
Prove it, if you are so sure.
M r a ...
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To upset people like you who don't like factual evidence. And, of course, your usual response is as above.
I will remind you, this is an economics forum. If you have something to say in rebuttal, sustain it with factual evidence.
Otherwise, you're just pissing into the wind with silly comments about how "the factual evidence is not factual".
You are "in denial" - face it ...
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That very good and defines your level. You look up a word and link it.
PS: I believe I did point out to you somewhere, why the statistics you are using are so profoundly a false argument. I am not sure, what your point is and what motivates you to want to sell a discredited societal model instead of one that might work, but it is really remarkable.
No, you just stated that they were "false".
I repeat: You are in an economics forum and the burden of rebuttal, especially of statistical data obtained by recognized agencies, is YOURS AND YOURS ALONE TO SUPPLY.
For the moment, you are just flailing.
Over and out! Get it?
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Yes, you're right. That would do it if applied to all workers; that is, all with a job, or unemployed seeking jobs.
Leaving supposedly only the unemployed below that threshold-income. But those below the poverty threshold are also the long-term unemployed, unskilled mostly.
Which means, to my mind, we must make an effort to assure that they never "drop" into that classification. It's the pits, from which one never exits over a lifetime.
The 89% of Americans graduating from High School, and the other 11% who will retake their studies to obtain that classification also need a guaranteed Tertiary Education.
Our country is Rich Enough to do at least that for them. (Given that we already spend 20% of the Federal Budget on the DoD, that allows errant presidents to start foreign wars that never end.)
Who would pay for it? Higher taxation on the Rich 'n Easy-lifers who's Income Taxation should NEVER EVER HAVE BEEN LOWERED BELOW THE 90% LEVEL WHERE IT WAS (before LBJ started tinkering with it in the 1960s).
Yes, soak the ultra-rich. The Free-ride Is Over ... !
You do understand that real poverty has fallen by something like 70 percent since 1981 and by about 20 percent between 2010 and 2012 alone?
Poverty is an arbitrary term.
Proof please. I want to see where those numbers come from, because they don't agree at all with the infographics I posted ...
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IN DENIAL
Nonsense. The Census Bureau defines it very well indeed.
For your edification, here, where once again it is seen stated that the poverty threshold for a family of 4 is an income of $24K yearly.
Which you patently refuse to acknowledge.
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If that family of four had one full time worker earning the average US wage (link below provides that by industry) they would be far above the poverty level. With the exception of retail trade (at about $17.50/hour) or leisure and hospitality (at about $14.50/hour), a single full time worker could support a family of four at or above the poverty level ($24K/year or about $11.50/hour) making about half of the industry average hourly wage.
Table B-3. Average hourly and weekly earnings of all employees on private nonfarm payrolls by industry sector, seasonally adjusted
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