Thursday, January 16, 2014

Obama's Abysmal Record On Poverty

In celebrating 50 years since President Lyndon Johnson declared his war on poverty, Obama has now declared his own war on poverty; and well he should.  That's because, right now, the poverty rate in America is higher than it has been in 49 years; when, in 1965, it stood at just 15.1%.

If you listen to the President, poverty could be lessened if we force companies to pay a higher minimum wage, extend unemployment benefits, and pass another stimulus package which he now calls a Jobs Act.  But, we already did all these things before and the poverty rate has only gone up and is showing no signs of dropping.

What Obama doesn't seem to understand is the fact that half the jobs that he keeps taking credit for are low paying, entry-level, and minimum wage work.  The kind of jobs that put, and keep, people in poverty. 

References:

Half Of All Jobs Created In The Past 3 Years Were Low-Paying: Study: http://www.huffingtonpost.com/2013/05/13/low-paying-jobs_n_3266737.html

Despite massive increase in welfare spending, no change in poverty level: http://www.americanthinker.com/blog/2012/06/despite_massive_increase_in_welfare_spending_no_change_in_poverty_level.html

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