InvestorsHub Logo
icon url

F6

09/20/11 5:44 AM

#154527 RE: F6 #154525

With Record Number Of Americans Falling Into Poverty, Rand Paul Says The Poor Are Getting Rich



By Tanya Somanader on Sep 13, 2011 at 7:30 pm

Census data revealed today that a record 46.2 million Americans were living in poverty [ http://thinkprogress.org/economy/2011/09/13/317912/record-number-of-people-in-poverty-in-2010/ ] in 2010. But in an aptly-timed hearing entitled “Is Poverty A Death Sentence,” Sen. Rand Paul (R-KY) flat out rejected the idea [ http://thehill.com/blogs/healthwatch/public-global-health/181141-sanders-paul-clash-over-role-of-poverty-in-health ] that poverty in the U.S is worrisome. As the Ranking Member of the Senate Health subcommittee, Paul offered a dissertation-length statement on how the correlation between poverty and death is only found in the Third World and to claim such a connection within the U.S. is nothing more than “socialism” and “tyranny [ http://help.senate.gov/hearings/hearing/?id=3e5bd514-5056-9502-5d93-de94ade7e693 ].”

Stating that “poor children today are healthier than middle-class adults a generation ago,” he even blamed the poor for their own health problems, suggesting “behavioral factors” like a higher incidence of smoking, obesity, or weak family support structures as the only correlation between poverty and health.

Citing the deficit as a primary priority, Paul questioned whether federal low-income programs are “creating unnecessary and unhealthy dependence on government.” He unequivocally declared that “poverty is not a state of permanence” and that “the rich are getting richer, but the poor are getting richer even faster.”

PAUL: We also need to understand that poverty is not a state of permanence. When you look at people in the bottom 5th of the economic ladder — those at the bottom — only 5 percent are there after 16 years. People move up, the American dream does exist…The rich are getting richer, but the poor are getting richer even faster.

Watch it [ http://www.youtube.com/watch?v=kvtjSio8NvE ]:

Summing up his thesis, Paul said, “Rather than bemoan or belabor something [poverty] that is really truly something that is overwhelmingly being treated in our country, we should maybe give more credit to the American system, the American dream, and give credit to what capitalism has done to eradicate poverty in this country.”

First of all, then notion that the poor are getting richer faster than the rich requires an impressive level of ignorance. Currently, income inequality in the United States is greater [ http://thinkprogress.org/politics/2011/05/04/163476/us-unequal-uganda-pakistan/ ] than that of Pakistan and Ethiopia and higher than at any other time [ http://www.huffingtonpost.com/2010/10/22/income-inequality-america_n_772687.html ] since the Great Depression. Indeed, thanks to exceedingly low tax rates, the rich are getting richer [ http://www.usatoday.com/money/economy/2010-09-22-forbes-list-richest-americans_N.htm ], with the richest one percent earning nearly 25 percent of the total income [ http://www.gpoaccess.gov/eop/2010/2010_erp.pdf ] in the country.

Meanwhile, nearly one in three middle-class Americans is slipping down the income ladder [ http://thinkprogress.org/economy/2011/09/07/313109/new-report-finds-widespread-downward-mobility-as-one-in-three-middle-class-americans-got-poorer-over-their-lives/ ] as an adult. And with stagnant wages [ http://abcnews.go.com/Business/strangling-middle-class-america/story?id=11325933 ] and the purchasing power of the minimum wage at a 51-year low [ http://www.epi.org/publication/ib224/ ], it’s hard to see how suddenly “the poor are getting richer faster.”

What’s more, Paul’s overwhelming deluge of pseudo-evidence to downplay the connection between poverty and poor health cannot shake incontrovertible facts. As the American Journal of Public Health found [ http://thinkprogress.org/education/2011/07/07/262072/low-education-deaths/ ], deaths resulting from poverty, income inequality, and low social support each totaled more than homicide deaths in 2000.

Paul’s claim that Americans now have a greater life expectancy still doesn’t change the fact that low-income individuals can expect to live a shorter life [ http://health.dailynewscentral.com/content/view/0002418/42/ ] due to poverty. Indeed, a report released at the hearing [ http://www.enewspf.com/latest-news/health-and-fitness/26895-is-poverty-a-death-sentence-.html ] noted that “this is the first time in our history that children born in certain parts of the United States can expect to live shorter lives than their parents’ generation.”

© 2011 Center for American Progress Action Fund(emphasis in original)

http://thinkprogress.org/economy/2011/09/13/318259/with-record-number-of-americans-falling-into-poverty-rand-paul-says-the-poor-are-getting-rich/ [with comments]

---

(linked in):

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=67139333 (and any future following)

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=64626842 and preceding and following

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=66701692 and preceding and following

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=67239775 and preceding and following

icon url

sideeki

09/20/11 8:49 AM

#154536 RE: F6 #154525

So the tea baggers want to get together and form a ..."more perfect UNION?"

Now I know they're shitting
icon url

fastlizzy

09/20/11 10:46 AM

#154538 RE: F6 #154525

Is that for real? They are rewriting history?

No way!
icon url

F6

03/20/12 10:56 PM

#171003 RE: F6 #154525

Grading the nation: How accountable is your state?

March 19, 2012
http://www.iwatchnews.org/2012/03/19/8423/grading-nation-how-accountable-your-state