Friday, October 01, 2010

Poverty Hypementary

This is a much more accurate presentation of the poverty issue in America than any Democrat will ever own up to. Yes there are truly poor in America but nowhere near the government figure because of the huge subsidization of poverty. In one of the latest TARP redistribution schemes to put money in consumer hands (not in the tax payer hands) the influx of cash rapidly went to nail salons, expensive tennis shoes, and plasma tvs, jacking the consumer index up very high for a couple of months. The people who received the redistributed income did not invest in new jobs or spend on items that would create new jobs in America, and the money simply evaporated after the temporary spending spike. The money did not go for food or shelter or to help the truly poor.
READ the article in the link above. It helps to clarify the issue.
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