52.1% of Kids Live in Households Getting Means-Tested Government Assistance

America is the only country, where the poor people are fat.

 

I grew up in a family in Ukraine in the 90s and I lived through extreme poverty, hyperinflation and lawlessness. You don’t know what it is to live on nothing but bread and potatoes for extended periods of time. You are the one who has no clue what real poverty is.

I’ve been to homes of people who are officially poor in the US - cable, internet, big screen TV, everyone has a cell phone and a car.
That’s not effing poor by any stretch of imagination!

 

This is why Bernie Sanders wants all employers to pay their workers a LIVABLE WAGE so that taxpayers don't wind up subsidizing their employees who are underpaid.

 

I had an employee years ago who complained about pay.

I told him, the only reason I don't pay him what he is actually worth is, minimum wage laws.

 

What is a living wage? HHS guidlines estimate the poverty level for a single adult at a little over $12k a year, for a married couple with 4 kids it is almost $34k per year. How does Bernie propose to adjust wages to deal with this discrepancy?

Bernie Sanders has ideas but they are very unrealistic ideas.

 

If you are an adult, working for minimum wage, you made some pretty shi-ty decisions in your life.

 

If you have ever watched UNDERCOVER BOSS, all to frequently on that show the boss is incapable of performing the duties of some of their most menial jobs, and they frequently admit it!!Those employees are paid too little and are probably subsidized by tax payers.

 

Russia is not a developing country, they are and have been for years a fully industrialized nation.

 

Right wingers all love paying welfare otherwise they would vote for a livable minimum wage for all full time employees.

 

Then prove your statement true with facts and not opinions, because with your logic only fat people are poor therefore all well-off people are slim. An illogical deduction is what we have here folks.

 

While their GDP per capita PPP is at $27k, Russia has the highest gap in wealth inequality in the world. That means that true GDP per capita is much smaller.
I wouldn’t put that in developed countries list.

 

My point was their measure of poverty always gets looser so comparing years is not exactly accurate.

 

Russia's GDP per capita for 2017 was $10,608 while ours was $59,500 for 2017.Ours is almost DOUBLE the CURRENT MEDIAN INCOME in the USA of $32,147 which can be viewed up to date from the online National Debt Clock Real Time available online.That clerly illustrates the GIGANTIC income disparity we here in the USA have.Half the people in our country make $32,147 and less for their work efforts.

 

We have people breeding uncontrollably, pumping out kids they cannot afford to raise,
using to the government, paying enough to keep them alive.
Kids growing up on the streets.

Then they complain they are not getting rich.

 

You got what you voted for in December 1991. Independence. Ukraine is a banana Republic ruled by oligarchs. You are ukropiteks.

 

A salary of 33,000USD per year pre-tax puts you in the global 1%.

 

It is he who is. Yes.

 

This is a mutation.

 

You deliberately deceive the interlocutor. See the Janie index. https://en.wikipedia.org/wiki/List_of_countries_by_income_equality Russia has an inequality index (Gianni index) less than the US.

 

With your statement, could agree, if not for the forthcoming collapse of the economy. Not only the American, world economy. After that, poverty will return to the poverty level of the beginning of 20th century

 

That's an exceedingly pessimistic prediction. On what basis do you espouse it?

I understand you want to be contrarian, but come on.

 

If I went and shot everyone earning over $100,000 and burned their money the GINI index would be far far better but the country far far worse.

Income inequality is a fake concern.

 

The serious danger threatening the US economy is confirmed by many facts. So, in thirty-five states of the country it is more profitable to receive social benefits than to work on low-paid starting positions. Like cocaine or heroin addiction, much of the nation is hopelessly bogged down in existence on benefit or unsecured loans.
According to the US Census Bureau, more than 146 million Americans are classified as "poor" or "low-income". It's amazing, but more than 100 million US citizens are included in at least one federal social assistance program, not taking into account the huge coverage of the population by the programs "Social Security" and "Medicare". The number of people receiving coupons for free food products rose to 47.79 million. In 2008, when Obama took office for the first time, this figure was about 32 million.
About 20.2 million US residents spend more than half their income on housing, which is 46% more than in 2001.

In the United States, credit swap derivatives have brought the amount of public debt to excess of the psychological threshold of one quadrillion dollars. It's a thousand trillion! The total GDP of all countries on the planet is $ 66 trillion. Amazingly, the Americans naively embraced the crisis decision of the 2008 Congress on providing emergency assistance to banks and corporations for 750 billion (financial parachute No. 1) as a wise decision that could magically heal the economy and save the American middle class.
In short, the total debt, formed due to speculation, is approximately 10-16 times greater than the total wealth of the planet. However, it does not matter. Even if the debt was only twice the total GDP of the planet, the US would still be unable to pay it. Interest on debt grows faster than national income. Do you really hope to get out of it somehow?

Five US banks, "too large to burst," have accumulated more than $ 50 trillion in these debt derivatives. The US public debt has reached a gigantic sum of 21 trillion dollars. Thus, 50 trillion - almost impossible for the economy amount.
Speculation of credit swap derivatives is not too different from the rates on the results of baseball or football matches. This is a gamble for which its perpetrators, such as Wall Street bankers, must be in prison.
If we compare these economic considerations with the overall health of the banking system, we can conclude that banks are on the verge of a general collapse, together with all the savings of their depositors.

With a debt of 50 trillion "hanging" on the banking system, the pension system also can not be safe, as banks and related investment companies also signed credit swap derivatives. The Bloomberg agency reports that the 25 largest US pension funds are burdened with approximately 2-3 trillion unsecured obligations, which means that their incomes will not allow them to cope with debts. Americans will soon be forced to work until the very last day of their life, since the pension as such will cease to exist. Very soon most of them will not even be able to find such a job.

When 105 countries abandon the dollar as a reserve currency, the dollar will have nothing to protect. The US is waiting for hyperinflation, which will lead the economy of America to collapse, in comparison with which the Weimar Republic will seem a fun picnic.

Of course, even the most desperate fool must figure out what the economic catastrophe of the Weimar Republic led to. So why in America, everything should happen somehow differently?

Why, for example, did George Bush build a ranch in Paraguay? Why does "NORTHCOM", a military organization, conduct endless exercises to quell unrest in the city? Why in the United States are UN armored vehicles? Why are the agents of the Federal Office for Emergency Action, as well as many bankers ready to go to a pre-prepared shelter?

 

So lets hear your solution???

 

How to fix this? Stop importing cheap labor. At least that's step 0.