MADE AN EXCEPTION....BECAUSE U NEED TO SEE REALITY, AND THE TARIFFS HAD NOT KICKED IN ,IN 2024....COLORADO AND TEXAS
R ALMOST EQUAL...ONE IS A RED STATE AND ONE IS A BLUE STATE...WHAT DO U THINK THE NUMBERS LOOK LIKE NOW? WAIT AND WATCH...WE R ENTERING INTO LAST QUARTER......WHAT WILL THE NUMBERS BE IN 2026 AT THE SAME TIMEFRAME ?
Extreme poverty threshold represents total income before taxes and tax credits, excluding housing assistance and other noncash benefits.
Which begs the question . . . what is their total income post housing assistance, non-cash benefits, and tax credits? Wonder why that figure isn't a part of their propaganda piece? I do . . .
Is there anyone out there who doesn't believe that with the addition of all of the federal, State, and local welfare programs to their income total that each and every household is well above the federal definition of "poverty"?
Let's take Section 8 housing as an example. Recipients of the program are expected to pay what, 30-35% of their income towards their housing with Section 8 picking up the balance? Let's see here . . . "extreme poverty" is defined as less than $8200 per year in income, right? Which, at the top end, would be about $700 per month, 35% of which would be $245. Lowest rent for an apartment in Denver Metro that I know of would be $1800-$2k a month for a 2 bedroom apartment. Minus the $245 contribution that's expected, would be a monthly benefit of $1500 give or take, times 12 months, for an annual benefit of $18,000, added to their $8200 annual income, and they are already at $26,000 a year.
Maximum SNAPS benefits for a family would be $1100/month, which those in "extreme poverty" would certainly qualify for, times 12 months, another $13k to the total, so pretty close to $39K a year. Now, $39K a year for a family of 4 is not a lot of money by anyone's standards, but it's over 4.5x more than the "extreme poverty" figure used in the propaganda, and we haven't even started into the tax credit market yet . . .
Excellent data there. I know a few people on disability and they get extra benefits that aren't counted, some also receive extra cash supplements from family members.
Plus they often work extra hours off the clock for cash. (Only supposed to work 20 hours a week on disability.)
Thomas Sowell: There are no solutions, just trade-offs.
More economic news. Triple AAA corporate debt has lower interest rates than federal debt right now. Looks like investors trust blue chip corporations more than they trust Trump and Schumer.
Gold is at record highs, Bitcoin is at record highs. S&P500 are at record highs. OPEC is increasing production.
The US dollar? Down 10% since Trump entered office.
Thomas Sowell: There are no solutions, just trade-offs.
Such overdramatic headlines. In America, the poor are more likely to be obese than starving.
U R LOOKING AT ABJECT POVERTY I N A THIRD WORLD COUNTRY...EXTREME POVERTY IN AMERICA IS A ALL TOGETHER DIFFERENT ANIMAL.......RAG ROOF SHELTER,PANHANDLING,INADEQUATE CLOTHING FOR THE WEATHER, BURN BARREL HEATERS./STOVE, DUMPSTER DIVING. DRUGS/DEALERS AND 'BORROWED' BUGGIES FROM THE GROCERY STORES....WITH ONE'S ENTIRE LIFE CONTAINED WITHIN. "TENT CITIES" AND
TREMENDOUS TOLL OF ON LIVING HAND TO MOUTH.
Plus in South Sudan, Arabs are committing genocide on Black's.
Many more have died than in Gaza, but very limited press about the deaths, even though you can see the blood spreading across the landscape from spy satellites.
Thomas Sowell: There are no solutions, just trade-offs.
was a two-venue benefit concert and music-based fundraising initiative held on Saturday 13 July 1985. The event was organised by Bob Geldof and Midge Ure to raise further funds for relief of the 1983–1985 famine in Ethiopia, a movement that started with the release of the successful charity single "Do They Know It's Christmas?" in December 1984. Billed as the "global jukebox", Live Aid was held simultaneously at Wembley Stadium in London and John F. Kennedy Stadium in Philadelphia.[1][2]
On the same day, concerts inspired by the initiative were held in other countries, such as the Soviet Union, Canada, Japan, Yugoslavia, Austria, Australia, and West Germany. It was one of the largest satellite link-ups and television broadcasts of all time. An estimated audience of 1.9 billion people in 150 nations watched the live broadcast, nearly 40 per cent of the world population.[3][4]
The impact of Live Aid on famine relief has been debated for years. One aid relief worker stated that following the publicity generated by the concert, "humanitarian concern is now at the centre of foreign policy" for Western governments.[5] Geldof has said: "We took an issue that was nowhere on the political agenda and, through the lingua franca of the planet – which is not English but rock 'n' roll – we were able to address the intellectual absurdity and the moral repulsion of people dying of want in a world of surplus."[6] In another interview he stated that Live Aid "created something permanent and self-sustaining" but also asked why Africa is getting poorer.[5]
The organisers of Live Aid tried to run aid efforts directly, channelling millions of pounds to NGOs in Ethiopia. It has been alleged that much of this went to the Ethiopian government of Mengistu Haile Mariam – a regime the UK Prime Minister Margaret Thatcher opposed[7] – and it is also alleged some funds were spent on guns.[5][8] Although the BBC World Service programme Assignment reported in March 2010 that the funds had been diverted, the BBC Editorial Complaints Unit later found "that there was no evidence to support such statements".[9] Brian Barder, British Ambassador to Ethiopia from 1982 to 1986, wrote on his website: "The programme itself, and in particular the BBC's advance publicity for it, gave the impression that these allegations concerned not only the aid operation in TPLF [rebel]-controlled areas but also the much larger international relief aid operation in the rest of Ethiopia, including in particular money for famine relief raised by Bob Geldof's Band Aid and Live Aid. This impression is entirely false. Nothing of the sort occurred."[10]
Background
Michael Buerk's reports on the 1983–1985 famine in Ethiopia for BBC World Service helped spark the aid relief movement.[11]
The 1985 Live Aid concert was conceived as a follow-on to the successful charity single "Do They Know It's Christmas?" which was also the idea of Geldof and Ure. In October 1984, im
NOTHING HAS CHANGED FOR ALMOST MY ENTIRE LIFE...FAMINE,FAILURE OF NATO,FAILURE OF
BEING FORGOTTEN, FAILURE OF THOSE WHO HAVE GAZILLIONS (AND THERE R MANY) WHO TRY AND THEN IS IS CALLED A SUCCESS,FAILURE OF WEATHER,FAILURE OF UNDERSTANDING WE R ALL CONNECTED BY A SILKY THREAD WITHIN THIS UNIVERSE....MICHAEL JACKSON BROUGHT IT ON HOME....WE R THE WORLD.
1984 AND BEFORE THAT DATE....SOMEPLACE IN THE WORLD THERE R "HUMANS BEINGS THAT LOOK LIKE WALKING SKELETONS".....BABIES WITHOUT ENOUGH ENERGY TO EVEN CRY FROM HUNGRY, SUNKEN EYES AND A FRAGILE BODY SO THIN IT WOULD BREAK IF MOVED....AND IT GOES ON AND ON AND ON....WHAT IS YOUR POINT?
Actually famines have been in decline since the Green Revolution. They used to be caused by bad weather, bad agricultural policies, and governments.
Now they are mainly caused by governments. Like Sudan's. Man's inhumanity to man. Knock out your political rivals by starving them, Stalin and the Ukranians. Mao, and others.
Thomas Sowell: There are no solutions, just trade-offs.
