THOUGHTS ABOUT WEALTH AND POVERTY IN AMERICA

The Cloud Dwellers - by Daniel Greenfield

 

The United States is no longer a middle class country. It is a country whose political establishment answers to the operatives of the very rich and the very poor, the donor class and the welfare class.

 

Politicians have a vested interest in catering to very rich donors or welfare voters because they have the time, money and organizations to get their way. And what they want is wealth redistribution upward and downward from the middle class.

 

The middle class is being looted by crony capitalists and welfare clans. The liberal Robin Hoods who direct billions in stolen money to Green Energy companies and ghetto voters do their best to convince the middle class that it should vote for them because it's actually poor. 

 

Uncertainty and struggle are what we most often associate with poverty. Not knowing if you can still afford to pay next month's bills and worrying over how much more you can cut back when you're already barely getting by. This way of life has become more associated with the middle class than with those at the very bottom.

 

The $110,729 family pays for everything. The $4,955 family pays for very little. The $110,729 family earns and saves money because that is its medium of exchange which it uses to obtain food, shelter and clothing. The $4,955 family uses money for luxury goods like televisions or sneakers. It doesn't need to save money because cash is just bonus points. Its necessities like food, medicine and shelter are covered by the social capital of the government.

 
Read more - http://sultanknish.blogspot.co.il/2013/11/the-cloud-dwellers.html



RELATED

Middle class jobs, income, quickly disappearing - with Infographics
http://www.huffingtonpost.com/2013/06/06/middle-class-jobs-income-_n_3386157.html

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29 Uncomfortable myths about soaring poverty in America
Myth: We’re endlessly told about how we don’t do enough for those in poverty but it would appear that a lot is done: so much so that a full third of the population is in receipt of benefits aimed at reducing poverty.

Read more - http://www.forbes.com/sites/timworstall/2013/10/29/29-uncomfortable-myths-about-soaring-poverty-in-america/


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Food stamp cuts backed by Congressmen who support farm subsidies. 

 

The federal government's complex system of farm subsidies is supposed to shield farmers from some of the uncertainties inherent to the industry, but critics like the Environmental Working Group say the safety net unfairly benefits the biggest farms at the expense of smaller ones.

Read more - http://www.huffingtonpost.com/2013/05/23/food-stamp-cuts_n_3324418.html


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