Thursday, November 12, 2009

If capitalism is so great, why is America a declining power and China is a rising power?

China - which is run by the Communist Party.

If capitalism is so great, why is America a declining power and China is a rising power?
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You must be a democrat - hahaha just kidding.





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Think about your question for a second. It sounds flashy, but there's not much truth in it. Sorry.





Did you know China subsidizes heavily throughout many industries, making it extremely hard on foreign competition? This drains the economy in the long run. It is great for short bursts, but highly unethical and hard to sustain over a period of more than 10-15 years. So what looks good on paper now is just a pipe dream that will wither and die away over time.





Where have you been the past 2 years? Haven't you heard about how China manipulates its currency pegging the yuan to the U.S. Dollar instead of involving world currencies to determine its value. The practice is unfair and leads to cheap exports that easily beat the competition of domestic goods in other countries.





And don't get me started on their military. Yes, it's increasing at a rapid pace, but fact is that most experts place them about where we were in 1942 soon after the Pearl Harbor attacks.





I could go on and on, but we can just sum it up as China's cheating. Everything you hear about China is relative to where they were a decade ago. Sure, they've been rising tremendously. But in statistical terms, their "nominal" GDP is less than one-sixth of the United States. They rank fourth overall. And that's with all the cheating, LOL!!








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Update:





Be careful not to confuse socialism with legislation passed by elected officials. It's easy to do.





Some mentioned that the U.S. has many socialistic features, but in reality, they are a set of laws that can be overturned or challenged in court. Socialism however backs "nationalization" which gives TOTAL ownership to the public or to the government (in most cases, the govt) taking it away from the private sector. That is clearly not the same thing. We have a system of checks and balances, even though that system can be a bit tilted at times...
Reply:Its becoz people in america keep kissing chinese asses for money and giving them all their jobs. America is clearly afraid of China and if china said 'jump', america would jump, becoz americans only care about money. bottom line.( truth hurts) Report It

Reply:America needs to toughen up and get a backbone, otherwise america will become China's ***** in the future. Americans have no national pride. They only care about money. Report It

Reply:Americans worship two things. Money, and of course, black people. Unfortunately, America will become a 'prostitute' for China., making china;s money so they can get more power while we do nothing. Report It

Reply:Americans = money worshipping, black worshipping, chinese ***-kissing, weak people. Suck China's dick while they poison your food and take your jobs. America is all show and nothing more. Report It

Reply:The chinese hate americans and want to see america collapse. Why do you give people like that your jobs? and practically hand them power? What happened to the war on communism before? America is afraid. Report It

Reply:America was always afraid of China, even before when china had a nothing military. What more when China's military becomes more advanced? America will bow down. how pathetic. Fight for democracy? bullshit! Report It

Reply:Why did America block Taiwans UN candidacy? Becoz America is afraid of China. I thought America fought for democracy? why fight so hard for Iraqis when they really don't care about democracy? America = paper tiger. Report It

Reply:Anyone who says China isn't communist obviously has never been there and is buying in to the Chinese bullshit media campaign of "We're not really communist, just a little communist". Very Naive. Look in to the facts before . Only Hong Kong is not completely communist. Report It

Reply:But why is China a rising power? Because they are moving to a mixed economy with much more private enterprise, not communism.





How did you determine that America is declining?
Reply:MM...I thought China was starting to use capitalism, as an example.
Reply:America is becoming more Socialist and China more Capitalist.





While our supposedly Pro-Capitalism president passed a Medicare Drug Program and our opposition party is scheming to take over the whole Health Care system, China has been legalizing private property, corporations, and income inequality.





Capitalism, in its pure form, is not bad for the poor. It also doesn't allow Rockefellers or Bushes. Even in our Mercantilist economy that is designed to keep the same corporations on top (why do you think they get handouts from the government just like the people who refuse to work?), most of the Fortune 500 turns over every few decades. Large Multi-Nationals are wasteful and collapse under their own weight. That's gonna be Wal-Mart's fate especially since its stores are now competing against each other, causing each others' sales to drop. Standard Oil's market share was dropping before it was anti-trusted. Following the anti-trust lawsuit, Microsoft has fallen from over 95% of the computer market to about 80% as Apple and Linux are both growing their businesses faster. That's because smaller companies are more efficient than bigger companies. That's what did in Eastern Europe because each nation was like a


Multi-National on Steroids and predictably wasteful.
Reply:True China is ran by the Communist Party but capitalism is the central part of China's success. Over 1000 KFC's and 500 Mcdonald's in China plus everything else the U.S. has plus more. The U.S. also is a Democratic Republic but capitalism is the central part of the U.S's success.
Reply:China realized after several decades of Communism, that it just does not work so has introduced Capitalism, and is becoming more Capitalistic while Liberals here (which do lean towards Communism if anything) are trying to make America basically Communist, genius.
Reply:Your assertions are incorrect.





The U.S. economy grew by over two trillion dollars last year.





The Chinese economy was stable... at best. Some even say that it declined to a degree.





I know it is difficult for liberals, but please.... try to be factual.
Reply:Because China is now allowing capitalim while the US liberals are making the US more socialist (communist)
Reply:interesting question... I would say economic greatness has more to do with resources, timing and efficiency... than economic system... a lot of the time...





and also, as a follow-up question, America clearly has many social programs and laws that are far from pure capitalism... SO... why are the countries that have purer forms of capitalism not passing America and the rest of the world?
Reply:Americas capitalism just hasn't trickled down yet as the neo-con leaders keep promising. Hang in there. It will happen. You'll see. Feel the coming trickle. Be the trickle.
Reply:Capitalism can be great IF, and only IF, the system is not being ABUSED. Right now, bush and his band of cohorts are viciously abusing the system...
Reply:One issue that America is having right now is investing its GDP so as to expand our money supply so we wont have to rely on contries like China. We could just change consumer values and stop having all those wacky liberals try to tie up our money in the government.
Reply:Because China is Communist in name only.





The Chinese slowly implemented economic reform beginning in the early 90's called "special economic zones". These zones where initially embryonic capitalism.





These zones it was quickly noted performed far better than their centrally planned neighbors. The Chinese, not being stupid, implemented more.





Now you can't take 5 steps without crossing into a "special economic zone". China is communist in name only. They are undergoing a slow transition into a capitalist society.
Reply:Individual freedom is the dream of our age. It's what our leaders promise to give us, it defines how we think of ourselves and, repeatedly, we have gone to war to impose freedom around the world. But if you step back and look at what freedom actually means for us today, it's a strange and limited kind of freedom.





Politicians promised to liberate us from the old dead hand of bureaucracy, but they have created an evermore controlling system of social management, driven by targets and numbers. Governments committed to freedom of choice have presided over a rise in inequality and a dramatic collapse in social mobility. And abroad, in Iraq and Afghanistan, the attempt to enforce freedom has led to bloody mayhem and the rise of an authoritarian anti-democratic Islamism. This, in turn, has helped inspire terrorist attacks in Britain. In response, the Government has dismantled long-standing laws designed to protect our freedom.


The origins of our contemporary, narrow idea of freedom.


shows how a simplistic model of human beings as self-seeking, almost robotic, creatures led to today's idea of freedom. This model was derived from ideas and techniques developed by nuclear strategists during the Cold War to control the behaviour of the Soviet enemy.





Mathematicians such as John Nash developed paranoid game theories whose equations required people to be seen as selfish and isolated creatures, constantly monitoring each other suspiciously – always intent on their own advantage.





This model was then developed by genetic biologists, anthropologists, radical psychiatrists and free market economists, and has come to dominate both political thinking since the Seventies and the way people think about themselves as human beings.





However, within this simplistic idea lay the seeds of new forms of control. And what people have forgotten is that there are other ideas of freedom. We are, in a trap of our own making that controls us, deprives us of meaning and causes death and chaos abroad.


http://www.bbc.co.uk/bbctwo/noise/?id=tr...
Reply:Ummm, Capitalism is the Economic Engine which is driving the Rise of the Chinese.





Sheesh, learn some recent history.
Reply:Couldn't have anything to do with all those factories they've built, to make stuff on the cheap that WE BUY?





If we don't buy from them, what happens?
Reply:the us economy grew by 2.2 trillion in the last two years which is larger than the entire economy of china. and china is no way a purely communistic state.
Reply:China, communist or not, is playing the free market game better than the US. While Americans are over their heads in debt buying cheap consumer goods, the Chinese government is spending money on industry, information, and technology...all of which are things that add capital. China, as a nation is big on production...the US is big on consumption.





However, this imbalance in trade and the growing US deficit are but one of many reasons why the US is a declining power. The present administration is another big reason as to why the US is losing its imperial grasp over world dominion.
Reply:Because the Chinese are becoming more and more capitalistic. There's tons of (capitalist) US corporate investment, and at least half of the manufactured goods you use are made by Chinese labor, sometimes using political prisoners, children, and slave labor.
Reply:Because Americans keep going to places like Wal-Mart and buying stuff made in China.





We are PAYING them to become a bigger power than us.. Which by the way, WILL happen in the next couple of decades.





The fact that they have 4 times the population of the US and are rapidly industrializing kind of helps.





But, that's not to say they don't have problems of their own. For example, due to their strict regulation on number of children parents can have, they have a very top-sided population pyramid.





So, you think we have a social security problem ahead of us in the U.S.? It's nothing compared to the problem China faces as the number of elderly greatly outnumbers workers, and the gap is growing.
Reply:Because our government has allowed there to be a trade deficit with China for years. Now the corporations are leaving the US in droves because of the cheap labor. These are the same corporations that either have received or continue to receive US federal grants. This is Bullsh*t. They are being allowed to rape us financially and then not give our citizens jobs. Why wouldn't China be glad to welcome these corporations with open arms, the government is off the hook as far as fiances goes %26amp; then reaps the whirlwind from the tax revenues.
Reply:China is adopting a capitalist system to become wealthier. That is common knowledge. Your communist propaganda is finished. The people have wised up to your tricks and deceit. Go home commie!
Reply:our country has became more communist because the Zionist can control us better, while China has became more capitalistic. the U,S, started integration and trying to make everyone equal , since they could not make certain ones smarter they have dumbed down the smart ones, haven't you noticed that the so called prejudice country's are all on the rise while the white country's who have been conned are all losing ground, just think America came in in 5th place this year in math, science,engineering,and technology, to these so called prejudice nations, Japan. China,India, south Korea, and the U,S, is in debt up to their eyeballs with these prejudice nations and should they demand payment the U,S, would collapse, America was number one but since integration this country has gone down because our educational system has been completely destroyed, thru affirmative action etc, welfare,
Reply:True, but the Chinese people are working hard for low wages, and being told what to do and how to live everyday.





That's why they try to come to America.
Reply:You should move there. Of course, your views would land you right into the reeducation camp.
Reply:china calls itself communist, but to me (when i lived there) it seemed to be the same old empire that it always was - a different ruler, a different philosophy but not much different in structure - and the local people said the same - china is 7 thousand years old there have been about 20 dynasties and the latest is the communist dynasty. Sometime in the future they expect another revolution and a new dynasty but the same old china.





They call it communist, but private business was flourishing. I think that also is as it always has been - chinese like business. Larger businesses and institutions may be strictly government controlled, but a lot aren't.





So you can say that it is not democratic, but i think it is very capitalist.





Perhaps we should be questioning democracy rather than capitalism?
Reply:You are obviously getting your info from china's communist party, or maybe you are just a moron. Well either way, you are a moron.
Reply:capitalism isn't that great when it is controlled almost exclusively by less than 8.000 people!





Three companies own almost all cereal products.





We have anti-trust laws but they are hardly ever enforced!





Oh, our economy grew by 2 trillion last year





January 28, 2006


U.S. Economy Slowed Sharply at End of 2005


By EDUARDO PORTER


and VIKAS BAJAJ


Economic growth weakened unexpectedly in the fourth quarter of 2005, rising 1.1 percent, the slowest pace in three years, and clouding the immediate outlook for the economy, the government reported yesterday.





Consumer spending slowed abruptly as purchases of motor vehicles collapsed after automakers phased out the generous incentive programs that had lifted sales through the summer. As consumers cut back on spending, business investment also slowed as companies curtailed spending on cars and trucks. Military spending also fell unexpectedly, while a surging import bill put a drag on overall growth.





The intensity of the economic slowdown, which reduced yearly growth to 3.5 percent from 4.2 percent in 2004, surprised many forecasters. They had expected a sharp pickup in business investment in the final months of the year to take up some of the slack in consumer spending and had predicted an overall growth rate of 2.5 percent to 3 percent in the fourth quarter.





"It is not so much surprising as baffling," said Ian C. Shepherdson, chief United States economist at High Frequency Economics in Valhalla, N.Y.





The weak economic data pleased investors, who pushed up the price of stocks in the expectation that the Federal Reserve, whose policy-making committee meets on Tuesday, might end its 18-month campaign to raise its benchmark interest rate — now at 4.25 percent — after it reaches 4.5 percent or 4.75 percent. NY Times


______________________________________...


US recession in the making


In the first half of 2006, real GDP in the US expanded at an annual rate of 4.3%. At the same time, real personal consumption expenditure, which accounts for about 70% of total GDP, expanded at an annual rate of 3.7%. Though both real GDP and real personal consumption expenditure remained quite strong in the first half of this year, the US economy slowed sharply between the first and second quarters. This slowdown was led by weakening personal consumption expenditure, which declined from an annual rate of 4.8% in the first quarter of 2006 to 2.8% in the second quarter.


Asia Times





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U.S. economy leaving record numbers in severe poverty


By Tony Pugh


McClatchy Newspapers





Chuck Kennedy, MCT


John Treece, 60, leaves the Bread for the City food pantry in the Anacostia section of Washington, D.C., on Nov. 2, 2006.


WASHINGTON - The percentage of poor Americans who are living in severe poverty has reached a 32-year high, millions of working Americans are falling closer to the poverty line and the gulf between the nation's "haves" and "have-nots" continues to widen.








A McClatchy Newspapers analysis of 2005 census figures, the latest available, found that nearly 16 million Americans are living in deep or severe poverty. A family of four with two children and an annual income of less than $9,903 - half the federal poverty line - was considered severely poor in 2005. So were individuals who made less than $5,080 a year.








The McClatchy analysis found that the number of severely poor Americans grew by 26 percent from 2000 to 2005. That's 56 percent faster than the overall poverty population grew in the same period. McClatchy's review also found statistically significant increases in the percentage of the population in severe poverty in 65 of 215 large U.S. counties, and similar increases in 28 states. The review also suggested that the rise in severely poor residents isn't confined to large urban counties but extends to suburban and rural areas.








The plight of the severely poor is a distressing sidebar to an unusual economic expansion. Worker productivity has increased dramatically since the brief recession of 2001, but wages and job growth have lagged behind. At the same time, the share of national income going to corporate profits has dwarfed the amount going to wages and salaries. That helps explain why the median household income of working-age families, adjusted for inflation, has fallen for five straight years.








These and other factors have helped push 43 percent of the nation's 37 million poor people into deep poverty - the highest rate since at least 1975.








The share of poor Americans in deep poverty has climbed slowly but steadily over the last three decades. But since 2000, the number of severely poor has grown "more than any other segment of the population," according to a recent study in the American Journal of Preventive Medicine.








"That was the exact opposite of what we anticipated when we began," said Dr. Steven Woolf of Virginia Commonwealth University, who co-authored the study. "We're not seeing as much moderate poverty as a proportion of the population. What we're seeing is a dramatic growth of severe poverty."








The growth spurt, which leveled off in 2005, in part reflects how hard it is for low-skilled workers to earn their way out of poverty in an unstable job market that favors skilled and educated workers. It also suggests that social programs aren't as effective as they once were at catching those who fall into economic despair.








About one in three severely poor people are under age 17, and nearly two out of three are female. Female-headed families with children account for a large share of the severely poor.








According to census data, nearly two of three people in severe poverty are white (10.3 million) and 6.9 million are non-Hispanic whites. Severely poor blacks (4.3 million) are more than three times as likely as non-Hispanic whites to be in deep poverty, while extremely poor Hispanics of any race (3.7 million) are more than twice as likely.








Washington, D.C., the nation's capital, has a higher concentration of severely poor people - 10.8 percent in 2005 - than any of the 50 states, topping even hurricane-ravaged Mississippi and Louisiana, with 9.3 percent and 8.3 percent, respectively. Nearly six of 10 poor District residents are in extreme poverty.








'I DON'T ASK FOR NOTHING'








A few miles from the Capitol Building, 60-year-old John Treece pondered his life in deep poverty as he left a local food pantry with two bags of free groceries.








Plagued by arthritis, back problems and myriad ailments from years of manual labor, Treece has been unable to work full time for 15 years. He's tried unsuccessfully to get benefits from the Social Security Administration, which he said disputes his injuries and work history.








In 2006, an extremely poor individual earned less than $5,244 a year, according to federal poverty guidelines. Treece said he earned about that much in 2006 doing odd jobs.








Wearing shoes with holes, a tattered plaid jacket and a battered baseball cap, Treece lives hand-to-mouth in a $450-a-month room in a nondescript boarding house in a high-crime neighborhood. Thanks to food stamps, the food pantry and help from relatives, Treece said he never goes hungry. But toothpaste, soap, toilet paper and other items that require cash are tougher to come by.








"Sometimes it makes you want to do the wrong thing, you know," Treece said, referring to crime. "But I ain't a kid no more. I can't do no time. At this point, I ain't got a lotta years left."








Treece remains positive and humble despite his circumstances.








"I don't ask for nothing," he said. "I just thank the Lord for this day and ask that tomorrow be just as blessed."








Like Treece, many who did physical labor during their peak earning years have watched their job prospects dim as their bodies gave out.








David Jones, the president of the Community Service Society of New York City, an advocacy group for the poor, testified before the House Ways and Means Committee last month that he was shocked to discover how pervasive the problem was.








"You have this whole cohort of, particularly African-Americans of limited skills, men, who can't participate in the workforce because they don't have skills to do anything but heavy labor," he said.








'A PERMANENT UNDERCLASS'








Severe poverty is worst near the Mexican border and in some areas of the South, where 6.5 million severely poor residents are struggling to find work as manufacturing jobs in the textile, apparel and furniture-making industries disappear. The Midwestern Rust Belt and areas of the Northeast also have been hard hit as economic restructuring and foreign competition have forced numerous plant closings.








At the same time, low-skilled immigrants with impoverished family members are increasingly drawn to the South and Midwest to work in the meatpacking, food processing and agricultural industries.








These and other factors such as increased fluctuations in family incomes and illegal immigration have helped push 43 percent of the nation's 37 million poor people into deep poverty - the highest rate in at least 32 years.








"What appears to be taking place is that, over the long term, you have a significant permanent underclass that is not being impacted by anti-poverty policies," said Michael Tanner, the director of Health and Welfare Studies at the Cato Institute, a libertarian think tank.








Arloc Sherman, a senior researcher at the Center on Budget and Policy Priorities, a liberal think tank, disagreed. "It doesn't look like a growing permanent underclass," said Sherman, whose organization has chronicled the growth of deep poverty. "What you see in the data are more and more single moms with children who lose their jobs and who aren't being caught by a safety net anymore."








About 1.1 million such families account for roughly 2.1 million deeply poor children, Sherman said.








After fleeing an abusive marriage in 2002, 42-year-old Marjorie Sant moved with her three children from Arkansas to a seedy boarding house in Raleigh, N.C., where the four shared one bedroom. For most of 2005, they lived off food stamps and the $300 a month in Social Security Disability Income for her son with attention deficit hyperactivity disorder. Teachers offered clothes to Sant's children. Saturdays meant lunch at the Salvation Army.








"To depend on other people to feed and clothe your kids is horrible," Sant said. "I found myself in a hole and didn't know how to get out."








In the summer of 2005, social workers warned that she'd lose her children if her home situation didn't change. Sant then brought her two youngest children to a temporary housing program at the Raleigh Rescue Mission while her oldest son moved to California to live with an adult daughter from a previous marriage.








So for 10 months, Sant learned basic office skills. She now lives in a rented house, works two jobs and earns about $20,400 a year.








Sant is proud of where she is, but she knows that "if something went wrong, I could well be back to where I was."








'I'M GETTING NOWHERE FAST'








As more poor Americans sink into severe poverty, more individuals and families living within $8,000 above or below the poverty line also have seen their incomes decline. Steven Woolf of Virginia Commonwealth University attributes this to what he calls a "sinkhole effect" on income.








"Just as a sinkhole causes everything above it to collapse downward, families and individuals in the middle and upper classes appear to be migrating to lower-income tiers that bring them closer to the poverty threshold," Woolf wrote in the study.








Before Hurricane Katrina, Rene Winn of Biloxi, Miss., earned $28,000 a year as an administrator for the Boys and Girls Club. But for 11 months in 2006, she couldn't find steady work and wouldn't take a fast-food job. As her opportunities dwindled, Winn's frustration grew.








"Some days I feel like the world is mine and I can create my own destiny," she said. "Other days I feel a desperate feeling. Like I gotta' hurry up. Like my career is at a stop. Like I'm getting nowhere fast. And that's not me because I've always been a positive person."








After relocating to New Jersey for 10 months after the storm, Winn returned to Biloxi in September because of medical and emotional problems with her son. She and her two youngest children moved into her sister's home along with her mother, who has Alzheimer's. With her sister, brother-in-law and their two children, eight people now share a three-bedroom home.








Winn said she recently took a job as a technician at the state health department. The hourly job pays $16,120 a year. That's enough to bring her out of severe poverty and just $122 shy of the $16,242 needed for a single mother with two children to escape poverty altogether under current federal guidelines.








Winn eventually wants to transfer to a higher-paying job, but she's thankful for her current position.








"I'm very independent and used to taking care of my own, so I don't like the fact that I have to depend on the state. I want to be able to do it myself."








The Census Bureau's Survey of Income and Program Participation shows that, in a given month, only 10 percent of severely poor Americans received Temporary Assistance for Needy Families in 2003 - the latest year available - and that only 36 percent received food stamps.








Many could have exhausted their eligibility for welfare or decided that the new program requirements were too onerous. But the low participation rates are troubling because the worst byproducts of poverty, such as higher crime and violence rates and poor health, nutrition and educational outcomes, are worse for those in deep poverty.








Over the last two decades, America has had the highest or near-highest poverty rates for children, individual adults and families among 31 developed countries, according to the Luxembourg Income Study, a 23-year project that compares poverty and income data from 31 industrial nations.








"It's shameful," said Timothy Smeeding, the former director of the study and the current head of the Center for Policy Research at Syracuse University. "We've been the worst performer every year since we've been doing this study."








With the exception of Mexico and Russia, the U.S. devotes the smallest portion of its gross domestic product to federal anti-poverty programs, and those programs are among the least effective at reducing poverty, the study found. Again, only Russia and Mexico do worse jobs.








One in three Americans will experience a full year of extreme poverty at some point in his or her adult life, according to long-term research by Mark Rank, a professor of social welfare at the Washington University in St. Louis.








An estimated 58 percent of Americans between the ages of 20 and 75 will spend at least a year in poverty, Rank said. Two of three will use a public assistance program between ages 20 and 65, and 40 percent will do so for five years or more.








These estimates apply only to non-immigrants. If illegal immigrants were factored in, the numbers would be worse, Rank said.








"It would appear that for most Americans the question is no longer if, but rather when, they will experience poverty. In short, poverty has become a routine and unfortunate part of the American life course," Rank wrote in a recent study. "Whether these patterns will continue throughout the first decade of 2000 and beyond is difficult to say ... but there is little reason to think that this trend will reverse itself any time soon."








'SOMETHING REAL AND TROUBLING'








Most researchers and economists say federal poverty estimates are a poor tool to gauge the complexity of poverty. The numbers don't factor in assistance from government anti-poverty programs, such as food stamps, housing subsidies and the Earned Income Tax Credit, all of which increase incomes and help pull people out of poverty.





But federal poverty measures also exclude work-related expenses and necessities such as day care, transportation, housing and health care costs, which eat up large portions of disposable income, particularly for low-income families.





Alternative poverty measures that account for these shortcomings typically inflate or deflate official poverty statistics. But many of those alternative measures show the same kind of long-term trends as the official poverty data.





Robert Rector, a senior researcher with the Heritage Foundation, a conservative think tank, questioned the growth of severe poverty, saying that census data become less accurate farther down the income ladder. He said many poor people, particularly single mothers with boyfriends, underreport their income by not including cash gifts and loans. Rector said he's seen no data that suggest increasing deprivation among the very poor.





Arloc Sherman of the liberal Center on Budget and Policy Priorities argues that the growing number of severely poor is an indisputable fact.





"When we check against more complete government survey data and administrative records from the benefit programs themselves, they confirm that this trend is real," Sherman said. He added that even among the poor, severely poor people have a much tougher time paying their bills. "That's another sign to me that we're seeing something real and troubling," Sherman said.





McClatchy correspondent Barbara Barrett contributed to this report.








BY THE NUMBERS





States with the most people in severe poverty:





California - 1.9 million


Texas - 1.6 million


New York - 1.2 million


Florida - 943,670


Illinois - 681,786


Ohio - 657,415


Pennsylvania - 618,229


Michigan - 576,428


Georgia - 562,014


North Carolina - 523,511








Source: U.S. Census Bureau





And to think Bush also put us 3 1/2 TRILLION in debt!!
Reply:The beginning of Armegedon The eagle will fall and the bear will rise, or something like that


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