posted on Apr, 9 2013 @ 01:39 PM
Those ghettos you talk about are not victims of socialism, they are victims of our capitalist society which is not truly capitalism but crony
capitalism and corporate socialism. Funny in one post you state the poor have iPhones and live well but then talk about Detroit and the slums and how
awful it is. You obviously live well and are sheltered from seeing true economic inequality. Some examples:
- According to the U.S. Census Bureau, approximately one out of every six Americans is now living in poverty. The number of Americans living in
poverty is now at a level not seen since the 1960s.
- When you add in the number of low income Americans it is even more sobering. According to the U.S. Census Bureau, more than 146 million Americans
are either "poor" or "low income".
- It may be hard to believe, but approximately 57 percent of all children in the United States are currently living in homes that are either
considered to be either "low income" or impoverished.
- According to a recently released report, 60 percent of all children in the city of Detroit are living in poverty.
- The number of children living on $2.00 a day or less in the United States has grown to 2.8 million. That number has increased by 130 percent since
- For the first time ever, more than a million public school students in the United States are homeless. That number has risen by 57 percent since
the 2006-2007 school year.
- Family homelessness in the Washington D.C. region (one of the wealthiest regions in the entire country) has risen 23 percent since the last
- One university study estimates that child poverty costs the U.S. economy 500 billion dollars each year.
- Today, there are approximately 20.2 million Americans that spend more than half of their incomes on housing. That represents a 46 percent increase
- There has been an explosion in the number of "working poor" Americans in recent years. Today, about one out of every four workers in the United
States brings home wages that are at or below the poverty level.
- Right now, more than 100 million Americans are enrolled in at least one welfare program run by the federal government. And that does not even
include Social Security or Medicare.
- The number of Americans on food stamps now exceeds the entire population of Spain.
- According to one calculation, the number of Americans on food stamps now exceeds the combined populations of "Alaska, Arkansas, Connecticut,
Delaware, District of Columbia, Hawaii, Idaho, Iowa, Kansas, Maine, Mississippi, Montana, Nebraska, Nevada, New Hampshire, New Mexico, North Dakota,
Oklahoma, Oregon, Rhode Island, South Dakota, Utah, Vermont, West Virginia, and Wyoming."
Since the S&P 500 first reached its current level, in March 2000, the mad money printers at the Federal Reserve have expanded their balance sheet
sixfold (to $3.2 trillion from $500 billion). Yet during that stretch, economic output has grown by an average of 1.7 percent a year (the slowest
since the Civil War); real business investment has crawled forward at only 0.8 percent per year; and the payroll job count has crept up at a
negligible 0.1 percent annually. Real median family income growth has dropped 8 percent, and the number of full-time middle class jobs, 6 percent. The
real net worth of the “bottom” 90 percent has dropped by one-fourth. The number of food stamp and disability aid recipients has more than doubled,
to 59 million, about one in five Americans.
And Sheepslayer, you beat me to it, but the Koch brothers and their Koch Industries are a great example of the environment of corporate socialism we
live in today. People want to talk about redistribution of wealth and how awful it is only when it's giving money to the poor. But to multinational
corporations that need no help? Nah, let's ignore that.
So the Koch's, they run Koch Industries, a huge multinational that does business in oil, petrochemicals, paper, agriculture and financial services.
It is Americas second largest private corporation. They own Georgia-Pacific and a multitude of companies you've heard of. They've been around for
decades. They fund "conservative" and "libertarian" think tanks and publications like The Mercatus Center, Americans for Prosperity, Reason
Magazine, the Federalist Society, Cato Institute, and the Heritage Foundation. They fund many of the Tea Party candidates. Problem is, they also
funded in the past the Democratic Leadership Council, which helped launch the careers of Bill Clinton and Al Gore, and they profit from tax payer
funded corporate subsidies and take advantage of socialistic policies despite publicly bashing them.