Wednesday, January 1, 2014

Inequality - Crisis or Scam

Pat Buchanan Dec 31, 2013

The poor have their children educated free in public schools, from Head Start to K-12 and then on to college with Pell Grants. Their medical needs are taken care of through Medicaid. They receive food stamps to feed the family. The kids can get two or three free meals a day at school.  Housing, too, is paid for or subsidized. The poor also receive welfare checks and Earned Income Tax Credits for added cash……
Among American families in poverty today, 1 in 4 have a freezer. Nearly half have automatic dishwashers. Almost 60 percent have a home computer. About 2 in 3 poor families have a clothes washer and dryer. Eighty percent have cell phones.  Ninety-three percent of the poor have a microwave; 96 percent a color TV, and 97 percent a gas or electric stove….Price tag: $927 billion.  There are 79 federal programs……that provide cash, food, housing, medical care, social services, training and targeted education to poor and low-income Americans.  "If converted to cash, means-tested welfare spending is more than sufficient to bring the income of every lower-income American to 200 percent of the federal poverty level, roughly $44,000 per year for a family of four."…To Read More….

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