Federal Entitlements: Living Large in Poverty

By:  Bob Confer
09/05/2012
       
Federal Entitlements: Living Large in Poverty

Because of federal entitlements, those who are theoretically living in poverty actually have a standard of living comparable to and, in some cases, better than, the working class who are forced into paying their way.

Because of federal entitlements, those who are theoretically living in poverty actually have a standard of living comparable to and, in some cases, better than, the working class who are forced into paying their way.

 

In the weeks leading up to the general election, the U.S. Census Bureau will be releasing its report about the state of poverty in 2011. According to a study conducted by the Associated Press, leading economists believe that the poverty rate will see a significant increase — from 15.1 to 15.7 percent. That will make it the highest rate since 1965.

Some would consider it ironic that 1965 marked the official beginning of the War on Poverty, when 1964 laws forced and signed by President Lyndon B. Johnson went into effect, initiating Medicare, Medicaid, Head Start, and the Jobs Corp. No doubt, they will consider the Census Bureau’s findings a rallying point, a means by which to reemphasize, further empower, and further fund such forced benevolence while criticizing the free market for its alleged creation of poverty through abuses of the working class.

The truth be told, there is nothing ironic or symbolic about today’s comparisons with 1965. Today’s poverty levels are a direct result of the War on Poverty. The federal government cannot create wealth, so in order to make good on its promises to the supposed afflicted, it has to conduct a massive wealth transfer by robbing from the productive portions of the population — which includes not only the much-maligned “one percent” of high-income earners, but the middle class as well — to pay for the needs and luxuries of the unproductive portions. By doing so, the government has eroded the earnings and accumulated wealth of middle class Americans which in turn has driven them closer to poverty. Likewise, by placing the same tax burden on employers, the government has inhibited their growth and even inspired their downsizing or outsourcing, which, in turn, has eliminated or prevented jobs for millions of Americans, which only serves to drive more people into the ranks of poverty.

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Bob Confer (photo)

 

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