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Posted: 7:34 a.m. Tuesday, Nov. 20, 2012
comment(41)
By Neal Boortz
For years I’ve harped on our government’s phony baloney poverty statistics. Well now the Obama administration has managed to take these statistics from phony to absurdly inaccurate. Here’s how …
The Obama administration has started calculating what it calls “supplemental” poverty. This measure of “poverty” takes into account government benefits and regional cost of living. But here’s the real catch: This level of poverty is not measured by those who are truly destitute but relative to others in their community … in other words, the new measurement of “poverty” under the Obama administration measure inequality, not poverty.
Are you getting this? If you make $100,000 a year, but you live in a community where the average income is $250,000 a year .. then does this mean that you are living in poverty? Sure seems that way.
So just how do you work to eliminate poverty under Obama’s new definition? It’s so very simple. You just make people more equal by seizing money from the ones who have more and giving it to the ones who have less. Of course those with more will stop working so hard to get more when the government starts seizing it from them … but that’s a problem the leftists never seem to see. So according to the Obama administration, we could actually eliminate poverty by redistributing the wealth to make everyone equal … even if that means we were below the current “poverty” line!
Isn’t that amazing? Though with this anti-capitalist hack in the White House, I’m not surprised. He is not about growing our economy but about redistributing wealth within our current economy. Maybe this is all because he doesn’t know how to grow the economy. We learned that over the last four years. But this also explains why Dear Ruler doesn’t even consider the idea of growing the economy as a way to reduce our deficit, rather than simply increasing taxes.
Neal Boortz chronicles his 42 years of talk radio in his book "Maybe I Should Just Shut Up and Go Away" Available on line and printed from Barnes and Noble and Amazon.
comment(41)
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