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View Full Version : US Billionaires list vs Poverty Numbers



leninfan
7th September 2010, 03:50
LIST OF BILLIONAIRES IN THE USA - 400
http://en.wikipedia.org/w/index.php?title=Category:American_billionaires&until=Z

Poverty numbers as of 2009

NATIONAL POVERTY DATA and FORECASTS



While poverty grew last year, the reality today is almost certainly worse: 39.8 million people were poor across the nation in 2008 as the recession began, (13.2%) up from 37.3 million (12.5%) in 2007. The Census data does not cover 2009, and unemployment has been rising sharply this year. Economists tell us that poverty rises with rising joblessness, and the increase is sharper for vulnerable groups like children.
The poverty rate is higher than it has been in over a decade and the number in poverty is the highest since 1960: The 2008 poverty rate , 13.2%, was the highest poverty rate since 1997. Since 1960, the number of people below poverty has not exceeded the 2008 figure of 39.8 million people.
A growing number are falling into extreme poverty, far below the poverty line: 17.1 million people (5.7%) are living in extreme poverty, way up from 2007 when 5.2%, or 15.6 million people, lived in extreme poverty. This group represents 42.9% of the poverty population. 6.3 million of those in extreme poverty are children. The income deficit for families in poverty (the difference in dollars between a family’s income and the poverty threshold) averaged $9,102 in 2008, far higher in real terms than in 2007 ($8,523).
Child poverty has increased since 2006 and is projected to continue growing: For children younger than 18, the poverty rate increased from 17.4% in 2006 to 19.0% in 2008 (it was 18.0% in 2007). The number of children in poverty climbed by 1.3 million, from 12.8 million in 2006 to 14.1 million in 2008 (was 13.3 million in 2007). In fact, the Economic Policy Institute estimates that if unemployment reaches 10 percent in 2010 or later, a shocking 27.3% of children nationwide will be poor. Among African American children, the picture is even bleaker – it is projected that more than half of all African American children will be living in poverty, up from 34.7% in 2008.

leninfan
7th September 2010, 03:59
40 million poor people
400 billionaires
Any suggestions?

CommunityBeliever
7th September 2010, 04:11
Any suggestions?

Try socialism and don't forget the third world.

The Hong Se Sun
11th September 2010, 04:29
40 million poor people
400 billionaires
Any suggestions?



Take money from the 400, give it to the 40 million. If they wont give it up peacefully then kill them and take it.

ZombieGrits
11th September 2010, 04:49
kill them and take it.
Assets have been seized. We have assumed control. :laugh:

killing isn't necessary man, just take their dirty money and run! make sure to add insult to injury by offering them a job as a janitor at the office building they used to own :D

Klaatu
11th September 2010, 07:16
The posted data tends to prove the adage, "the rich get richer, while the poor get poorer."

George W Bush's tax cuts were a collosal mistake. Tax cuts for the wealthy have led to poverty for the masses, opulence for the chosen few.

Crvena-Zastava
11th September 2010, 08:11
Assets have been seized. We have assumed control. :laugh:

killing isn't necessary man, just take their dirty money and run! make sure to add insult to injury by offering them a job as a janitor at the office building they used to own :D

I like the "Kill them" idea better.

The Hong Se Sun
17th September 2010, 18:23
Me too, if they aren't killed then they can pay (you can't just verbally take their money) militias to kill the revolution. It would be nice if we could just say that we are taking your money and it be done. But that isn't how it works, offshore accounts etc will ensure them they keep most or all their money. We would have to take a few people out back and end their life. It is a sad but necessary step

stella2010
22nd September 2010, 01:27
40 million poor people
400 billionaires
Any suggestions?



Practice riflemanship
Use metal poles and wood sticks.
Feel and listen to yourself breathe.
Stare through the eyeball

NEVER feel ashamed

and REMEMBER

its how you think about it.

Ocean Seal
22nd September 2010, 01:47
Hmm and they tell me socialism doesn't work?