Muscatine

Are the poor getting poorer?

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People who want more government income redistribution programs often sell their agenda with the lament, ''The poor are getting poorer and the rich are getting richer,'' but how about some evidence and you decide? I think the rich are getting richer, and so are the poor.

According to the most recent census, about 35 million Americans live in poverty. Heritage Foundation scholar Robert Rector, using several government reports, gives us some insights about these people in his paper: ''Understanding Poverty and Economic Inequality in the United States''.

In 1971, only about 32 percent of all Americans enjoyed air conditioning in their homes. By 2001, 76 percent of poor people had air conditioning. In 1971, only 43 percent of Americans owned a color television; in 2001, 97 percent of poor people owned at least one. In 1971, 1 percent of American homes had a microwave oven; in 2001, 73 percent of poor people had one. Forty-six percent of poor households own their homes. Only about 6 percent of poor households are overcrowded. The average poor American has more living space than the average non-poor individual living in Paris, London, Vienna, Athens and other European cities. [but hey....they get free health care !!! SS]

Nearly three-quarters of poor households own a car; 30 percent own two or more cars. Seventy-eight percent of the poor have a VCR or DVD player; 62 percent have cable or satellite TV reception; and one-third have an automatic dishwasher.

For the most part, long-term poverty today is self-inflicted. To see this, let's examine some numbers from the Census Bureau's 2004 Current Population Survey. There's one segment of the black population that suffers only a 9.9 percent poverty rate, and only 13.7 percent of their under-5-year-olds are poor. There's another segment of the black population that suffers a 39.5 percent poverty rate, and 58.1 percent of its under-5-year-olds are poor.

Among whites, one population segment suffers a 6 percent poverty rate, and only 9.9 percent of its under-5-year-olds are poor. Another segment of the white population suffers a 26.4 percent poverty rate, and 52 percent of its under-5-year-olds are poor.

What do you think distinguishes the high and low poverty populations? The only statistical distinction between both the black and white populations is marriage. There is far less poverty in married-couple families, where presumably at least one of the spouses is employed. Fully 85 percent of black children living in poverty reside in a female-headed household.

Poverty is not static for people willing to work. A University of Michigan study shows that only 5 percent of those in the bottom fifth of the income distribution in 1975 remained there in 1991. What happened to them? They moved up to the top three-fifths of the income distribution -- middle class or higher. Moreover, three out of 10 of the lowest income earners in 1975 moved all the way into the top fifth of income earners by 1991. Those who were poor in 1975 had an inflation-adjusted average income gain of $27,745 by 1991. Those workers who were in the top fifth of income earners in 1975 were better off in 1991 by an average of only $4,354. The bottom line is, the richer are getting richer and the poor are getting richer.

Poverty in the United States, in an absolute sense, has virtually disappeared. Today, there's nothing remotely resembling poverty of yesteryear. However, if poverty is defined in the relative sense, the lowest fifth of income-earners, ''poverty'' will always be with us. No matter how poverty is defined, if I were an unborn spirit, condemned to a life of poverty, but God allowed me to choose which nation I wanted to be poor in, I'd choose the United States. Our poor must be the envy of the world's poor.

http://www.whistlestopper.com/forum/showthread.php?t=64640
The Heritage Foundation

is ''A conservative think tank that is at the forefront of the pro-globalization perspective.''

I think that says it all.
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  • kenn
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Chosen

I own a bridge that goes from Iowa to Illinois and every time a vehicle crosses it I am paid a quarter by the above states.
I would be willing to sell it to you for $1000.00 cash if you promise not to tell anyone and there will be no papers signed.
Let me know as I am not offering this deal to everyone, just people that believe your post.
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  • ruggy
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Interesting

Here's a list of Hodgson's most-overpaid CEOs:

Company CEOs 2005 2006
Dell (DELL, news, msgs),
Kevin Rollins,

Michael Dell*

$39,314,839
$153,223,079

Eli Lilly (LLY, news, msgs)
Sidney Taurel
$16,643,068
$10,799,582

Ford Motor (F, news, msgs)

William Ford Jr., Alan Mulally**
$7,905,158
$19,501,100

Time Warner (TWX, news, msgs)
Richard Parsons
$12,668,761
$13,095,627

Wal-Mart Stores (WMT, news, msgs)
H. Lee Scott
$10,610,858
$8,956,062

*2006 = Michael Dell's pay; 2005 = Kevin Rollins' pay.

**2006 = Alan Mulally's pay; 2005 = William Ford's pay.

Pay = base salary, bonus, other pay, gains from exercising options, value of incentive stock that vested and increases in the value of pension plan.

Source: The Corporate Library


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