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Showing Original Post only (View all)Top Romney Adviser: If You Own A Microwave, You Aren’t Really Poor [View all]
Top Romney Adviser: If You Own A Microwave, You Arent Really Poor
By Igor Volsky
A top adviser to Mitt Romneys presidential campaign denied the nations income inequality gap in a Wall Street Journal editorial on Thursday, brushing off the growing concentration of wealth in the hands of the very wealthy by arguing that lower-income Americans are buying more consumer goods.
Today we hear that the gains from economic growth accrue to the highest-income earners while the standard of living of the poor and middle America stagnates and the gap between the richest and the poorest grows ever wider, Kevin Hassett and Aparna Mathur argue. That portrait of the country is wrong:
But this argument, a favorite of conservative think tanks like the Heritage Foundation, is highly misleading. Appliances and commonly used consumer gadgets like cell phones are necessities in the 21st century and are significantly cheaper today than they were just decades earlier. In fact, were families to sell their appliances in order to help pay for food and other basic necessities, many would still struggle for while prices on microwaves and air conditioners have fallen, the real everyday basics such as quality child care and out-of-pocket medical costs are squeezing the budgets of the poor and middle-class alike.
Hassett argues that safety net programs like unemployment insurance, food stamps, Medicaid help families afford basic needs, further shrinking the nations income gap. But these programs are already failing to keep up with need and Romney and Ryan have proposed massive cuts to the safety net in order to pay down the deficit and finance a tax cut plan that is heavily skewed towards the rich.
- more -
http://thinkprogress.org/economy/2012/10/25/1091501/top-romney-adviser-if-you-own-a-microwave-you-arent-really-poor/
By Igor Volsky
A top adviser to Mitt Romneys presidential campaign denied the nations income inequality gap in a Wall Street Journal editorial on Thursday, brushing off the growing concentration of wealth in the hands of the very wealthy by arguing that lower-income Americans are buying more consumer goods.
Today we hear that the gains from economic growth accrue to the highest-income earners while the standard of living of the poor and middle America stagnates and the gap between the richest and the poorest grows ever wider, Kevin Hassett and Aparna Mathur argue. That portrait of the country is wrong:
Yet the access of low-income Americansthose earning less than $20,000 in real 2009 dollarsto devices that are part of the good life has increased. The percentage of low-income households with a computer rose to 47.7% from 19.8% in 2001. The percentage of low-income homes with six or more rooms (excluding bathrooms) rose to 30% from 21.9% over the same period.
Appliances? The percentage of low-income homes with air-conditioning equipment rose to 83.5% from 65.8%, with dishwashers to 30.8% from 17.6%, with a washing machine to 62.4% from 57.2%, and with a clothes dryer to 56.5% from 44.9%.
The percentage of low-income households with microwave ovens grew to 92.4% from 74.9% between 2001 and 2009. Fully 75.5% of low-income Americans now have a cell phone, and over a quarter of those have access to the Internet through their phones.
But this argument, a favorite of conservative think tanks like the Heritage Foundation, is highly misleading. Appliances and commonly used consumer gadgets like cell phones are necessities in the 21st century and are significantly cheaper today than they were just decades earlier. In fact, were families to sell their appliances in order to help pay for food and other basic necessities, many would still struggle for while prices on microwaves and air conditioners have fallen, the real everyday basics such as quality child care and out-of-pocket medical costs are squeezing the budgets of the poor and middle-class alike.
Hassett argues that safety net programs like unemployment insurance, food stamps, Medicaid help families afford basic needs, further shrinking the nations income gap. But these programs are already failing to keep up with need and Romney and Ryan have proposed massive cuts to the safety net in order to pay down the deficit and finance a tax cut plan that is heavily skewed towards the rich.
- more -
http://thinkprogress.org/economy/2012/10/25/1091501/top-romney-adviser-if-you-own-a-microwave-you-arent-really-poor/
Does that mean if you don't live on the street, you're not poor?
I can't stand Mittwit and his fucking ilk.
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I suppose the poor aren't really poor unless they go down to the creek to take a bath
Tennessee Gal
Oct 2012
#5
Some people have a microwave because they don't have a proper kitchen. They may even be homeless or
yellowcanine
Oct 2012
#13
this has to be th most "entitled" view of a definition of poverty that I have ever seen.
salin
Oct 2012
#15
Holy shit. Conveniences aren't WEALTH OR SECURITY. There is no "good life"
TwilightGardener
Oct 2012
#16