Skip to comments.Breaking Fox News: Poverty Rate JUMPS to 14.3 Percent
Posted on 09/16/2010 7:34:28 AM PDT by xzins
Just heard the news alert on Fox.
Moderator: please await article from their website.
(Excerpt) Read more at foxnews.com ...
Obama as pleased as he can be.
can’t hide those numbers eh?
It’s another Unexpected Thursday...
Change! Can you spare a dime?
Trickle up poverty.
Obama’s hope and change equals unemployment, poverty and loss of liberty.
Cost of Government Highest Ever in 2010
American workers spent the first 231 days of this year toiling to pay off the costs of state, local, and federal governments, leaving just 4 1/2 months to provide for themselves and their families.
Each year, the Americans for Tax Reform Foundation and its Center for Fiscal Accountability calculate the day on which average Americans have paid off their share of the cost of government spending and regulations. This year that day fell on Aug. 19, eight days later than last year and the latest Cost of Government Day ever recorded, according to Mattie Corrao, government affairs manager for Americans for Tax Reform.
“The fact that Cost of Government Day falls in the later part of August is alarming enough. It is even more harrowing that the 2010 Cost of Government Day constitutes a 34-day jump from COGD just two short years ago, when it fell on July 16,” said Grover Norquist, president of Americans for Tax Reform.
“This illustrates the ballooning growth of government, and should be of serious concern to taxpayers who are footing the ever-expanding bill.”
The growing insolvency of state budgets, coupled with exploding wages and benefits for government workers, continues to push the costs of state and local governments higher, Corrao wrote for the Budget & Tax News website. Across the nation, state taxes were raised by a net of $23.9 billion in fiscal year 2010.
Between 1998 and 2008, the 10 states with the highest tax burdens California, New York, New Jersey, Connecticut, Vermont, Ohio, Maryland, Hawaii, Wisconsin, and Pennsylvania lost more than 3 million residents, who took with them $92 billion in income.
During the same period, the nine states with no income tax Florida, Nevada, Alaska, Texas, New Hampshire, Tennessee, Washington, South Dakota, and Wyoming gained 2.3 million new residents and $92 billion in wealth.
Corrao concludes: Public pay and benefits remain unsustainable in many states, and spending will have to be limited if these states are to compete for the best and most productive individuals.
Thanks George. Will replace with your link if fox doesn’t hurry;
FNC: “The ranks of the working age poor reached its’ highest level since at least 1965”
HOW CAN AMERICA BE SO BLIND????????
I guess since they had to swallow their pride and use the Gulfstream there just wasn’t enough room for the dog and one other person. . .
Did you know the Pres. flew BO, the dog, in on a separate smaller jet to Maine for their vacation???? Wonder if that sets well with all the unemployed, hurting, US citizens who can’t afford food, but we can pay tax $ for this. The above is true. I Googled “Bo the dog flying to Maine “ and got 76,700 references verifying this.. One of them follows:
Michelle Malkin-Just Plane Crazy; Obamas Dog Flies to Vacation on Separate Jet!
Doug Powers-The Obamas arrived at their vacation spot in Maine; and the local paper, the Morning Sentinel, described the scene:
The president was the first to walk onto the tarmac, dressed casually in a pale blue Oxford shirt and khakis. A few minutes later, the first lady, dressed in black capris, a tank-top and sandals, walked onto the runway. Shortly afterward, Malia and Sasha joined their parents. Baldacci and his wife, Karen, presented the family with gift bags full of Maine-made goodies, including baskets made by the Passamaquoddy Tribe, popcorn from Little Lads Bakery in East Corinth, iconic L.L. Bean bags, University of Maine ice hockey hats, and an assortment of other Maine foods and books.Karen Baldacci said the bags for Malia and Sasha contained one loon toy and one chickadee toy that sound their natural calls. Arriving in a small jet before the Obamas was the first dog, Bo, a Portuguese water dog given as a present by the late U.S. Sen. Ted Kennedy, D-Mass.; and the presidents personal aide Reggie Love, who chatted with Baldacci.
The president who said the rest of us are going to have to sacrifice to get out of these hard economic times let his dog fly on his own plane? Not enough room on Air Force One (a Gulfstream on this trip) for a Portuguese water dog and Reggie Love?
My dog saw this story and wants his own
jet now, too. Thanks Obama.
OH, by the way, Mr. Love, Bo’s handler, is paid $102,000.00 a year to take care of him. I wonder what his credentials are...We ask people like firemen, policemen, and our military to risk their lives every day for less than half of that!
What side of the ballot will you mark in November?
Hmmm...If I run for a public office, I wonder if my cats could each have their own government-paid jet since they don’t like one another....The older cat resents the newcomer!
The other highest level in 1994(whatever that was).
US Poverty Rate Hits 14.3%, Highest Since ‘94
Poverty Report Expected To Hit Obama, Dems Hard
POSTED: 6:47 am CDT September 16, 2010
UPDATED: 9:19 am CDT September 16, 2010
WASHINGTON — The poverty rate in the United States has jumped to 14.3 percent, the highest level since 1994.
The release of the poverty report is unfortunate timing for President Barack Obama and his party just seven weeks before important elections when control of Congress is at stake.
The poverty rate increase — from 13.2 percent — is expected to be another blow to Democrats struggling to persuade voters to keep them in power.
Now on the "alert banner" at the home page for FoxNews.com
Obama, Reid, Pelosi misery index.
Bush’s Fault- dam you George Bush, when will you stop ruining our country, our economy and the rest of the world!
Absolutely. Stick this to everyone of those bastards.
Anyone seen Reggie on vacation with his lovemaster since this trip?