Tuesday, October 20, 2009

1 in 6 Americans now poor

Honesty should go a long way towards debunking the "prosperity" hoax that's flourished since the '80s.

A new formula for determining the poverty rate shows that 1 in 6 Americans now live in poverty - 7,000,000 more people than previously thought.

The new formula factors in soaring medical costs, child care, and regional costs of living. The old standard may have worked 30 years ago - but not in 2009.

The situation is actually even worse than it appears, because the economic safety net was so thoroughly gutted under the Contract With America. This measure still doesn't consider certain forms of government aid - which means the poverty rate is really much higher than this 1 in 6 figure.

The increase of poverty is fostered not only by politicians but also by media outlets who coddle their distorted, bombastic outlook. The entire "soak the poor" mentality of recent years is based on a web of filthy, evil, wicked lies.

(Source: http://www.google.com/hostednews/ap/article/ALeqM5gOhjiPSEzO9gnbwUK96-ZeZo4liwD9BEQVVO0)