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This is "Good" News??

From Forbes - U.S. Poverty Rate Leveling Off
Four years into an economic recovery, the number of people living in poverty has finally stopped climbing.

Household incomes edged up slightly in 2005, but 37 million people were still living below the poverty line, about the same as the year before, the Census Bureau reported Tuesday.

It was the first year without an increase in poverty since 2000, just before President Bush took office.
This is good news? The bushies paint it like it's some great accomplishment by their abusive economic policies and deficit spending.

Gee, we've stopped going farther in the hole, and it only took 4 years of "recovery" to stop losing ground. I thought "recovery" was getting out of the hole.

The fact is, the high end jobs that are gone are gone forever, outsourced to places where child labor is rampant and unionization is potentially fatal, places where 10 people living in a single room shack with no indoor plumbing is the norm, not the exception. Yeah, the costs there are lower, because it doesn't take much to improve 100% from bare subsistence level.

That's our economic competition, folks. Aren't you proud of our corporatist government?

Comments

( 3 comments — Leave a comment )
silverstorm2013
Aug. 30th, 2006 08:50 pm (UTC)
>places where 10 people living in a single room shack with no indoor plumbing is the norm, not the exception.

Where? San Jose?
heethen_crone
Aug. 30th, 2006 10:54 pm (UTC)
Hey, they got unions in the Wal-fart stores in China. China!!!! That's embarassing.
chipuni
Sep. 1st, 2006 01:17 am (UTC)
Well, the Bush administration is also proud that, even though their budget deficits would make the second-biggest spending President (Reagan, natch) gasp... the budget deficits aren't as bad as they once forcast.
( 3 comments — Leave a comment )

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