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Johnny2X2X

(24,339 posts)

27. Poverty rate is declining

Reply to passiveporcupine (Reply #24)

Sat Jun 18, 2016, 09:23 PM

Jun 2016

The poverty rate shot up to just over 15% after the recession. But it's fallen or stayed the same in each of the last 5 years. The poverty rate has been between 11 and 15% basically every year since the 60s. So it doesn't move a ton.

Poverty is not increasing, it is decreasing. And the wage growth we're seeing right now is going to continue the trend. When Hillary is president we will raise the national minimum wage, if we tie it to CPI poverty will plummet.

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Here's What The Disappearing Middle Class Looks Like [View all] votesparks Jun 2016 OP

Those running for President should have to come up with solutions for the policies that midnight Jun 2016 #1

Their solution is U-Haul Recursion Jun 2016 #2

Until the next crash Hydra Jun 2016 #4

They should have to, but this was the goal Hydra Jun 2016 #3

The ones we already elected created the damn policies that are destroying the people. jtuck004 Jun 2016 #17

We almost elected the right candidate passiveporcupine Jun 2016 #20

One of them did. Did you vote for him? nt MisterFred Jun 2016 #29

It seems likely sulphurdunn Jun 2016 #5

Very sad. We need to address these issues and spooky3 Jun 2016 #6

How many of the people in dire straights voted for Republicans? gordianot Jun 2016 #7

Not Even One or Two Paychecks Will... StarzGuy Jun 2016 #10

I hear you. gordianot Jun 2016 #15

This economy is not that bad Johnny2X2X Jun 2016 #8

Yeah, service industry jobs mainly, and minimum wage at that. n/t TonyPDX Jun 2016 #9

Oh it's doing GREAT Plucketeer Jun 2016 #12

$7.50 minimum wage, part time, and no benefits Doctor_J Jun 2016 #14

$24 an hiur Johnny2X2X Jun 2016 #16

sorry, you are talking about median wages, versus average wages. passiveporcupine Jun 2016 #22

Your math is bad Johnny2X2X Jun 2016 #23

You are correct. I was mixed up. passiveporcupine Jun 2016 #24

Poverty rate is declining Johnny2X2X Jun 2016 #27

Is poverty rate really declining? passiveporcupine Jun 2016 #28

Where do you get that crap? 47 million kids on food stamps, 100 million and growing in poverty jtuck004 Jun 2016 #18

I"m sorry,but you are so wrong passiveporcupine Jun 2016 #21

college has become quite the scam Skittles Jun 2016 #25

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Imagine if Gates Foundation (or other billionaires) helped fund things like that YMCA that closed Roland99 Jun 2016 #13

San Francsico 2.0 turbinetree Jun 2016 #19

The shift to a global economy has been a trying time for the country with the highest standard Trust Buster Jun 2016 #26

AKA "suck it up and plan on being poor" MisterFred Jun 2016 #30

This is what many of us knew NAFTA would cause�. loss of jobs and loads of austerity... midnight Jun 2016 #31

NAFTA didn't invent digitalization and large container ships. It had nothing to do with Trust Buster Jun 2016 #32

Do you think that Nafta rules have any say on how those two inventions are used? midnight Jun 2016 #33

No, I don't. NAFTA had no effect on the millions of jobs that were transferred to Asia. Trust Buster Jun 2016 #34

Well then we will have to disagree because I do... midnight Jun 2016 #35