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Just last year, the national poverty rate rose to include 13.2% of the population. 1 in 7 people were at risk of suffering from hunger in the United States. In addition, 3.5 million people were forced to sleep in parks, under bridges, in shelters or cars.
Who is Homeless and Why? The homeless population includes people from all walks of life:
1. In the U.S., more than 3.5 million people experience homelessness each year.
2. 35% of the homeless population are families with children, which is the fastest growing segment of the homeless population.
3. 23% are U.S. military veterans.
4. 25% are children under the age of 18 years.
5. 30% have experienced domestic violence.
6. 20-25% suffer from mental illness.
www.studentsagainsthunger.org...
In addition to the total 16.7 million Real Unemployed Persons at June 30, there are another 4.6 million workers who, while also saying they want jobs, have not looked for work in the past twelve months.
Solely because they haven’t looked, these workers are not included among the marginally attached workers; if included, then June’s Real Unemployment Rate of 10.5% increases to 13.1%, each figure still twice or more than twice the official BLS rate of unemployment of 5.3%.
www.unionofunemployed.com...
As Washington trumpets last month’s drop in the unemployment rate (6.3 percent), it has quietly moved more than 988,000 Americans into the “not participating in the labor force” column.....
The BLS defines a family as “a group of two or more people who live together and who are related by birth, adoption or marriage.”
In 2013, of the estimated 80,445,000 families in the United States, in 20 percent – or 16,127,000— of them none of the members was employed.
www.rt.com...
Gallup defines a good job as 30+ hours per week for an organization that provides a regular paycheck. Right now, the U.S. is delivering at a staggeringly low rate of 44%, which is the number of full-time jobs as a percent of the adult population, 18 years and older.
www.gallup.com...
Obama’s proposal is that people who have income of $1 million or more per year should be required to pay a minimum tax rate of 30 percent.
"And if we do that, then it makes it affordable for us to be able to say for those people who make under $250,000 a year, like 98 percent of American families do, then your taxes don't go up," Obama said.
Under current law, many high earners pay significantly less than 30 percent if their income comes from investments instead of earnings.
www.politifact.com...
originally posted by: xuenchen
a reply to: Gryphon66
I'll let the OP Member reply first.
originally posted by: xuenchen
The problem is not "Capitalism".
It's big government that thrives on 100% authoritarianism.
originally posted by: Isurrender73
originally posted by: xuenchen
The problem is not "Capitalism".
It's big government that thrives on 100% authoritarianism.
I am not sure what your point is.
But deregulation of banking, and tax brakes for the Elitist has ensured they have enough money to buy their candidate of choice.
originally posted by: Gryphon66
a reply to: ketsuko
So, for example, you're in favor of returning to the days of rancid meat products offered for sale? Drugs that haven't been tested for efficacy or toxicity? Vehicles that are built to zero standards?
I'm trying to understand the market that you're promoting here ...
originally posted by: Isurrender73
a reply to: ketsuko
Before Regan corporate profits were controlled, and we actually enforced the Sherman Act.
Since Regan nearly every financial law written has provided more wealth for the top 1% and less for everyone else. Large corporations are paying literally no taxes, and the wealthy avoid taxes by making sure it is all considered investment income.
www.abovetopsecret.com...
Would you be happier if I said nearly uncontrolled capitalism? Give them a few more yesrs and we can throw away the nearly.
Add. - No they don't sit around doing nothing, they make sure to take bribes, excuse me, campaign contributions, and create more laws to aid the 1%.
originally posted by: ketsuko
originally posted by: Gryphon66
a reply to: ketsuko
So, for example, you're in favor of returning to the days of rancid meat products offered for sale? Drugs that haven't been tested for efficacy or toxicity? Vehicles that are built to zero standards?
I'm trying to understand the market that you're promoting here ...
Yes, please yes reduce this to hyperbole. I was responding to the OP who claimed this was unrestrained capitalism. It is far from unrestrained.
originally posted by: xuenchen
a reply to: Gryphon66
Big governments have created treaties and agreements like NAFTA and GATT.
NAFTA has cost American jobs.
Perhaps GATT also.
WTO came to be in 1995.
originally posted by: Isurrender73
But deregulation of banking...