Poverty in United States, the faces behind the numbers

Castout · 09-19-11, 05:03 AM

Thought this is something that's concerning and worth reading.

http://news.yahoo.com/behind-poverty...151738270.html

Skybird · 09-19-11, 05:28 AM

It is not just politcal ideology and ideal realities read from papers. There is always faces behind the numbers. I especially am worried about the growing number of "faces" who get hit by cirumstances beyond their control or influence, the victims that are not responsible for fate bringing them down.

Last week it was reported that by official government statistics now every sixth American lives below the so-called poverty-treshold. The number of people living on the streets and having no place to house in, is growing.

It is not much better in parts of Europe, and most obviously in Greece. Here, it is every third citizen now living below that poverty-line. I also hear in a political debate yesterday that Greece' two biggest money-making companies are a bottle-filling company, and a lottery company. Go figure what this means for Greece's chances to ever get back on it's feet. The lack of "economic value added " (="Wertschöpfung der Wirtschaft") is a problem so big that it will cripple any chances for Greece to pay back its debts and get out out of the deep black hole they are in.

Not only in Italy, Spain, Portugal also, but also in parts and metropoles of for example France and Germany, the number of the disowned who have lost everything, is growing rapidly. Most of these before were members of the social middle-class with modest or good material living conditions. Until they lost everything to the banks' products, or lost their jobs - and the spiralling down began.

It can hit almost everybody these days. And we seem to have run out of "safe" havens.

Castout · 09-19-11, 06:11 AM

I'm sorry to hear that Europe is in no better situation.

I thought Obama's 500 billion job creation stimulus was a bad idea in times of US mounting debt crisis but it might not be bad at all.

After all what we can do as human is to try and try and try.

Castout · 09-19-11, 06:13 AM

Quote:

Originally Posted by Skybird

It can hit almost everybody these days. And we seem to have run out of "safe" havens.

On the lighter side. . . .
I heard there's a cocaine plantation in Mexico that needed investors. Good return rate and fast too

All they need is couple grand and a family hostage.

Betonov · 09-19-11, 06:28 AM

Quote:

Originally Posted by Castout

On the lighter side. . . .
I heard there's a cocaine plantation in Mexico that needed investors. Good return rate and fast too

All they need is couple grand and a family hostage.

Nah, false reports to raise demand. The influx of cheap chineese fertilizer lowered the quality of the harvest. Better to invest in Slovenian marihuana fields for 2012. Eco and bio.

Armistead · 09-19-11, 10:48 AM

It will get worse. Sadly we live in a nation where those that have don't care about those that don't.

The other issue is poor planning, people just don't prepare for hard times. Many live in middle class, have cable, cell phones, eat out, spend spend spend, but don't save a dime. We're a nation or culture that promotes spending, not planning. I think we should add a class to high school that teaches finance at a usable level.

What's really sad is those that face disease and disability that have no cures, most end up in utter poverty alone.

Ducimus · 09-19-11, 11:37 AM

Edit:

09-19-11, 05:03 AM	#1
Castout Silent Hunter Join Date: Nov 2006 Location: Jakarta Posts: 4,794 Downloads: 89 Uploads: 6	Poverty in United States, the faces behind the numbers Thought this is something that's concerning and worth reading. http://news.yahoo.com/behind-poverty...151738270.html __________________ My blog: http://exposingsingapore.wordpress.com/

09-19-11, 05:28 AM	#2
Skybird Soaring Join Date: Sep 2001 Location: the mental asylum named Germany Posts: 42,609 Downloads: 10 Uploads: 0	It is not just politcal ideology and ideal realities read from papers. There is always faces behind the numbers. I especially am worried about the growing number of "faces" who get hit by cirumstances beyond their control or influence, the victims that are not responsible for fate bringing them down. Last week it was reported that by official government statistics now every sixth American lives below the so-called poverty-treshold. The number of people living on the streets and having no place to house in, is growing. It is not much better in parts of Europe, and most obviously in Greece. Here, it is every third citizen now living below that poverty-line. I also hear in a political debate yesterday that Greece' two biggest money-making companies are a bottle-filling company, and a lottery company. Go figure what this means for Greece's chances to ever get back on it's feet. The lack of "economic value added " (="Wertschöpfung der Wirtschaft") is a problem so big that it will cripple any chances for Greece to pay back its debts and get out out of the deep black hole they are in. Not only in Italy, Spain, Portugal also, but also in parts and metropoles of for example France and Germany, the number of the disowned who have lost everything, is growing rapidly. Most of these before were members of the social middle-class with modest or good material living conditions. Until they lost everything to the banks' products, or lost their jobs - and the spiralling down began. It can hit almost everybody these days. And we seem to have run out of "safe" havens. __________________ If you feel nuts, consult an expert.

09-19-11, 06:11 AM	#3
Castout Silent Hunter Join Date: Nov 2006 Location: Jakarta Posts: 4,794 Downloads: 89 Uploads: 6	I'm sorry to hear that Europe is in no better situation. I thought Obama's 500 billion job creation stimulus was a bad idea in times of US mounting debt crisis but it might not be bad at all. After all what we can do as human is to try and try and try. __________________ My blog: http://exposingsingapore.wordpress.com/

09-19-11, 11:37 AM	#7
Ducimus Rear Admiral Join Date: May 2005 Posts: 12,987 Downloads: 67 Uploads: 2	Edit: Last edited by Ducimus; 09-19-11 at 11:55 AM.

09-19-11, 10:48 AM	#6
Armistead Rear Admiral Join Date: Dec 2008 Location: on the Dan Posts: 10,880 Downloads: 364 Uploads: 0	It will get worse. Sadly we live in a nation where those that have don't care about those that don't. The other issue is poor planning, people just don't prepare for hard times. Many live in middle class, have cable, cell phones, eat out, spend spend spend, but don't save a dime. We're a nation or culture that promotes spending, not planning. I think we should add a class to high school that teaches finance at a usable level. What's really sad is those that face disease and disability that have no cures, most end up in utter poverty alone.