Saturday, December 17, 2011

Artificial Inflation

How the other half lives
Never attribute to stupidity that which is adequately explained by malice;
Under the USA government new definitions, a family of four in Oakland is “near poor” if their annual pre-tax income is less than $89,700 plus medical insurance. In metropolitan Washington, D.C., the near-poverty line became $80,500. In New York, it’s now $78,500; in Boston, $68,900; and Chicago, $68,600.
One result: The income level for “near poverty” is now very close to the median household income in most communities. (Median income means half the households have more income and half have less.)
So it should be no surprise that, with these new standards, the Census Bureau “discovered” that almost half the U.S. population lives in or “near” poverty. The system is designed to produce that result.
The administration’s new poverty measures are high-octane political propaganda. By dramatically expanding the definition of poverty (and near poverty), the administration furthers the president’s agenda to “spread the wealth.” By artificially inflating the number of Americans counted as poor or near poor, the administration expects to generate political pressure to expand the welfare state and raise taxes.

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