No 443 “En mi opinión” Julio 29, 2013 ‘IN GOD WE TRUST’
Lázaro R González Miño Editor firstname.lastname@example.org,
Según las informaciones. Las cámaras de control de tráfico (Debía decir Cámaras de ingresos fáciles a los gobiernos y las compañía s rapiñas, dueñas del invento de las camritas) ha sido reactivada y ya sus flashes funcionan activamente haciendo llenar las arcas de expoliar dineros para ciudades y el condado. Esto me parece un descaro atroz. Según la opinión de expertos y la mía también porque veo, oigo y leo los noticieros de TV, radio y periódicos y veo que realmente los accidentes bajo los semáforos han aumentado. “LOS ACCIDENTES HAN AUMENTADO DESPUES DE QUE SE COLOCARON LAS CAMARAS” Como es posible si eso es para evitar accidentes… Personas allegadas me aseguran que una de las causas es que el tiempo de la luz amarilla le han disminuido el tiempo de 15 segundos a 5 segundos para que al menos atrapen desde el segundo auto después del cambio de luz del semáforo. Yo no quiero pensar que esto es cierto porque es un descaro atroz y además criminal, más; pero gigantesco, que si es cierto ha costado ya varios cadáveres debajo de los semáforos. ¿Es que nuestros políticos son más miserables de lo que yo pensaba? ¿Es que no les importa la vida de las personas, solo obtener dinero? Si esto es así ya esto rebasa todo lo imaginable. A veces pienso que en la edad media estaban en lo correcto de la aplicación de la guillotina, ahí varios polítiqueros que la merecen… Lázaro R González Miño.
Columna de Alberto Pérez.
Cita con actualidad que tiene 2060 años: El verdadero destructor de las libertades de las personas, es el que se prolonga, propagándoles recompensas, donaciones y beneficios… Plutarco
El artículo de Diego Quirós Sr.
INTIMIDACION ES UNA MALA POLITICA
Tengo 76 años, a mi edad las ambiciones materiales que no se realizaron, ya están fuera de tiempo, pero hay otros intereses que ocupan un espacio muy importante para el civismo y la dignidad de la persona.
En mi tiempo, la palabra tenía más valor que cualquier documento firmado y hoy nos preguntamos: ¿Qué ha hecho cambiar esa actitud?
Nos referimos a la campaña política por la presidencia. Aun no entendemos ¿Por qué la administración Obama-Biden intimido a las personas de la tercera edad propagando que iban a disminuir sus beneficios e incrementar el costo de la atención medica en caso de triunfar los republicanos?
¿Por qué acusaron de terroristas al Movimiento Tea Party? y ¿Por qué intimidaron alegando que de triunfar Mitt Romney, volverián a ser esclavos, ¿a quienes se referían?
¿Fue esto una campaña limpia?… No, para nada. El binomio que aspiro a la re-elección no presento una agenda clara y concisa expresando como solucionarar la situación que ha agravado social y económicamente a la Nación. ¿Por qué no crear empleos para no seguir manteniendo a tantos millones de personas con el subsidio gubernamental sin límites de tiempo?.
Esta situación se asemeja al estado partenalista que ha mantenido a la tiranía marxista cubana de corte económico, social y ateo, al soviético, cuyo resultado es de todos conocido. FRACASO TOTAL.
La primera dama en su visita a la Florida, al referirse a las mujeres, expreso que con el triunfo republicano, ellas perderían sus derechos.
El aborto, la esterilización o el contraceptivo no son problemas de salud, por lo tanto los contribuyentes no tienen por qué tener esa carga.
A los retirados no se le regala nada, los retirados disfrutamos de lo que estuvimos contribuyendo con nuestro trabajo por muchos años, por lo tanto no hay que temer quien ocupe la Casa Blanca mientras vivamos en Democracia. La presente administración ha tratado de manipular a los sectores más vulnerables de nuestra sociedad.
Una campaña de ataques y desprestigio, como la que utilizaron los ocupantes de la Casa Blanca, es una campaña sin agendas. Y ¿Qué se puede esperar de ello? Solo mas desempleo, pobreza y crimen.
Miro hacia el futuro, aspiro a una Administracion que no establezca luchas sociales, que respete los Derechos que a cada uno le otorga la Constitución y que aporte seguridad económica a la familia americana creando fuentes de trabajo. Quiero ver realizado el sentimiento de Washington, Jefferson, Lincoln y todos aquellos que de una manera u otra han cooperado a hacer de Estados Unidos una Nación bajo Dios.
DIOS BENDIGA A AMERICA. Diego Quirós, Sr
COLUMNA DE Ricardo Samitier.
· Airliner Defense Israel does it again!!!!!!! Ojala sea cierto… una compañía Israelí desarrolla un sistema contra los COHETES ANTIAÉREOS…
Todos estos GASTOS PARA MANTENER NUESTRA VIDA… Hay que agradecerlos a los MUSULMANES… a los que les estamos PERMITIENDO PREDICAR en el OCCIDENTE CRISTIANO… Lo cual ellos NO PERMITEN EN SUS TERRITORIOS…
Para ver el sistema contra los cohetes… haga clic en el enlace… http://www.youtube.com/embed/uVlERTFVSpo?rel=0
Porque el fondillo de los NEGROS…
Todas las razas tenían los MISMO TIPOS DE HOMBRES… los hay altos, bajitos, anchos de pecho, flacos, gordos, culones etc. …
La EXOGAMIA practicada especialmente por la raza blanca… gracias a los
Medios de LOCOMOCIÓN que siempre dispuso fue UNIFICANDO LA ESTÉTICA de los Blancos…
Los Negros sin medios de LOCOMOCIÓN (ÁFRICA no tiene animales domesticables como el caballo) quedó atrapada en la ENDOGAMIA TRIBAL… manteniéndose las características de cada
Raza NEGRA… de ahí la existencia todavía de PIGMEOS… y que las características de las tribus se mantenga…
En América es el ÚNICO LUGAR que GRACIAS A LA ESCLAVITUD los negros han practicado la EXOGAMIA… casándose negros originalmente de una tribu con miembros de otra… produciéndose negros mejor formados y más hermosos que en ÁFRICA… COSA que TAMPOCO SE HABLA…
La raza negra NÓMADA… tiene un almacén de grasa en las NALGAS… ÚNICO LUGAR QUE AL CAMINAR no se ejercita y es el mejor lugar para ALMACENAR LAS RESERVA DE GRASAS…
Dicho almacén… luce bonito durante la juventud…
Como existieron también BLANCOS NÓMADAS… TRIBUS que fueron las primeras en desaparecer por la EXOGAMIA… hace miles de años… hay algunos blancos que dan UN PASO ATRÁS y también tienen NALGAS GRANDES Y ALTAS…
Porque atacan a Arizona y No a Missouri????
Missouri Tiene Leyes Contra Los Ilegales Iguales o PEORES Que Arizona… Entonces ¿Por Que Se Ataca A Arizona Y No A Missouri?
SMARTEST STATE IN THE USA – VERY INTERESTING:
Missouri has no illegals, go figure…shouldn’t the other states do the same?
Missouri’s approach to the problem of illegal immigration appears to be more advanced, sophisticated, strict and effective than anything to date in Arizona. Does the White House appreciate what Missouri has done? So, why doesn’t Missouri receive attention? Answer: There are no illegals in Missouri to demonstrate.
The “Show Me” state has again shown us how it should be done. There needs to be more publicity and exposure regarding what Missouri has done. Please pass this around.
In 2007, Missouri placed on the ballot a proposed constitutional amendment designating English as the official language of Missouri. In November, 2008, nearly 90% voted in favor! Thus, English became the official language for ALL governmental activity in Missouri. No individual has the right to demand government services in a language OTHER than English.
In 2008, a measure was passed that required the Missouri Highway Patrol and other law enforcement officials to verify the immigration status of any person arrested, and inform federal authorities if the person is found to be in Missouri illegally. Missouri law enforcement officers receive specific training with respect to enforcement of federal immigration laws.
In Missouri, illegal immigrants do NOT have access to taxpayer benefits such as food stamps or health care through Missouri Health NET.
In 2009, a measure was passed that ensures Missouri’s public institutions of higher education do NOT award financial aid to individuals who are illegally in the United States.
In Missouri, all post-secondary institutions of higher education to annually certify to the Missouri Dept. of Higher Education that they have NOT knowingly awarded financial aid to students who are unlawfully present in the United States.
So, while Arizona has made national news for its new law, it is important to remember Missouri has been far more proactive in addressing this horrific problem. Missouri has made it clear that illegal immigrants are NOT welcome in the state, and they will certainly NOT receive public benefits at the expense of Missouri taxpayers.
DON’T DELETE THIS AMERICA. KEEP IT GOING UNTIL WE GET ALL 50 STATES TO COMPLY!!!
Los Empleados Del IRS Están “Muy Preocupados” De Ser Obligados A Inscribirse En El Obamacare Y Perder Su Seguro Médico Privado…
Former acting Internal Revenue Service (IRS) Commissioner Steve Miller (R) and Treasury Inspector General for Tax Administration, J. Russell George are sworn in before testifying before a full House Ways and Means committee hearing on ‘Internal Revenue Service Targeting Conservative Groups’ on Capitol Hill in Washington, DC on May 17, 2013. (Image credit: AFP/Getty Images via @daylife)
In the private sector, many workers are concerned about losing their employer-sponsored health insurance coverage, and being dumped into Obamacare’s subsidized insurance exchanges. Two weeks ago, representatives of three large labor unions fired off a harsh letter to Democratic leaders in Congress, complaining that Obamacare would “shatter…our hard-earned health benefits” and create “nightmare scenarios” for their members. Today, we learn that the National Treasury Employees Union—the union that includes employees of the Internal Revenue Service—is asking its members to write letters to their Congressmen, stating that they are “very concerned” about legislative efforts requiring IRS and Treasury employees to enroll in the Obamacare exchanges.
“I am a federal employee and one of your constituents,” the letter begins. “I am very concerned about legislation that has been introduced by Congressman Dave Camp to push federal employees out of the Federal Employees Health Benefits Program (FEHBP) and into the insurance exchanges established under the Affordable Care Act (ACA).”
Rep. Dave Camp (R., Mich.), the representative referred to in the letter, is chairman of the House Ways and Means Committee, the committee in the House that is responsible for tax legislation. (Obamacare’s insurance subsidies are technically tax credits.) In April, Camp introduced legislation to put all federal employees on the exchanges, in response to reports that members of Congress and their staff were seeking an exemption from the provision in Obamacare that requires them to enroll in the exchanges.
“If the ObamaCare exchanges are good enough for the hardworking Americans and small businesses the law claims to help, then they should be good enough for the president, vice president, Congress, and federal employees,” said Camp’s spokeswoman in a statement at the time.
There is one legitimate issue regarding members of Congress and their staff enrolling in the exchanges. Today, federal employees are offered subsidies, or vouchers, which they can use to shop for insurance on the popular federal employees’ exchange, called the Federal Employee Health Benefits Program. Because Obamacare was drafted so hastily, it’s not clear whether the law allows similar subsidies to flow to federal employees on the Obamacare exchanges.
We’re still awaiting a ruling from the U.S. Office of Personnel Management on that front. For inexplicable reasons, OPM has not clarified whether or not the government will be allowed to funnel subsidies through the Obamacare exchanges.
Nonetheless, it would be a very good thing for some federal employees to eat their own cooking, especially those who work for Congress, the IRS and the Department of Health and Human Services. They’re the ones who are writing the Obamacare regulations; they’re the ones who, in many cases, wrote the law itself. The IRS enforces Obamacare’s individual mandate and eligibility for the exchange subsidies, among other provisions.
They should be required to enroll in the same Obamacare exchanges that tens of millions of private citizens will have to. They should have to experience the same premium increases and limited flexibility that other Americans will endure there. Maybe then, we’ll start to build a constituency for market-based reform.
Taken from: “The Ozarks Sentinel” Editorial.
Palin Blasts Obama for Calling Scandals ‘Phony’
On Friday, former Alaska Gov. Sarah Palin blasted President Barack Obama for calling his administration’s scandals “phony,” saying that was an “atrocious” thing to do.
Appearing on Fox News’s On The Record, Palin referred to scandals like Fast and Furious, Benghazi, the IRS’s targeting of conservatives, and the National Security Agency’s domestic spying.
She then asked, “Which one is a phony scandal?”
Palin asked if Benghazi, where “200-plus years of honorable military ethos was thrown out the window when we left our own to be slaughtered by Muslims,” was a phony scandal.
She said the government “spies and lies,” and once again asked if all of these scandals were phony.
“Americans are smarter than the lamestream media give them credit,” Palin said, noting regular Americans are figuring out the “hypocrisies” and “lies” coming from the Obama administration by doing their own homework.
Food Stamp Recipients Shipping Groceries Overseas Enrique Enriquez.
Some food stamp recipients are using their electronic benefit transfer (EBT) cards to buy groceries in the United States and sending them to relatives in several Caribbean countries.
According to the New York Post, New Yorkers in largely Caribbean neighborhoods are using their EBT cards, which provide government benefits like food stamps and cash assistance, to buy the items and sending them overseas in large barrels.
Michael Tanner, a senior fellow at the Cato Institute, called the practice another example of welfare abuse.
“The purpose of this program is to help Americans who don’t have enough to eat,” he told the Post. “This is not intended as a form of foreign aid.”
In those largely Caribbean New York neighborhoods, supermarkets offer hundreds of 45- to 55-gallon barrels for shipping.
Customers buy the barrels for about $40 each, and use their food stamps to fill them over time with up to $2,000 worth of rice, beans, pasta, canned milk, and sausages, the Post reports.
They then call a shipping company to pick up the barrels and send them mostly to Jamaica, Haiti, and the Dominican Republican for about $70.
“Everybody does it,” a worker at a Brooklyn supermarket told the paper. “A lot of people pay with EBT.”
New York is likely not the only place EBT cards are being abused. The Boston Herald reported that similar barrels are available in Boston, as are the shipping companies.
“If it’s happening in one state, it’s happening in many other states,” Massachusetts Republican state Sen. Shaunna O’Connell told The Boston Herald. “It’s just one of countless scams happening through the food stamp program.”
In fiscal 2012, the government spent $74.6 billion on food assistance, and last September, 47.7 million Americans were receiving benefits.
Probablemente no solo NY está haciendo esta movida; puede ser algo ya nacional y con más razón observaría la Florida. Qué hacen nuestros politicos para hacerse los de la vista gorda y vean que el país que ellos reperesentan se destruye minuto a minuto. Recordemos las palabras de nuestro compatriota Eduardo R. Chibás: “Vergüenza contra dinero”
Por favor, pongamos a nuestros representantes políticos a tomar cartas en este asunto tan serio y vergonzoso.
Necesitamos enmendar las leyes al paso del tiempo Siglo XXI porque los habitantes de este Siglo o son mas astutos que los del tiempo pasado o son delinquentes.
Un patriótico abrazo.
SMARTEST STATE IN THE USA – VERY INTERESTING:
Missouri has no illegals, go figure…shouldn’t the other states do the same?
Missouri’s approach to the problem of illegal immigration appears to
be more advanced, sophisticated, strict and effective than anything to
date in Arizona. Does the White House appreciate what Missouri has
done? So, why doesn’t Missouri receive attention? Answer: There are no
illegals in Missouri to demonstrate.
The “Show Me” state has again shown us how it should be done. There
needs to be more publicity and exposure regarding what Missouri has
done. Please pass this around.
In 2007, Missouri placed on the ballot a proposed constitutional
amendment designating English as the official language of Missouri. In
November, 2008, nearly 90% voted in favor! Thus, English became the
official language for ALL governmental activity in Missouri. No
individual has the right to demand government services in a language
OTHER than English.
In 2008, a measure was passed that required the Missouri Highway
Patrol and other law enforcement officials to verify the immigration
status of any person arrested, and inform federal authorities if the
person is found to be in Missouri illegally. Missouri law enforcement
officers receive specific training with respect to enforcement of
federal immigration laws.
In Missouri, illegal immigrants do NOT have access to taxpayer
benefits such as food stamps or health care through Missouri Health
In 2009, a measure was passed that ensures Missouri’s public
institutions of higher education do NOT award financial aid to
individuals who are illegally in the United States.
In Missouri, all post-secondary institutions of higher education to
annually certify to the Missouri Dept. of Higher Education that they
have NOT knowingly awarded financial aid to students who are
unlawfully present in the United States.
So, while Arizona has made national news for its new law, it is
important to remember Missouri has been far more proactive in
addressing this horrific problem. Missouri has made it clear that
illegal immigrants are NOT welcome in the state, and they will
certainly NOT receive public benefits at the expense of Missouri
DON’T DELETE THIS AMERICA. KEEP IT GOING UNTIL WE GET ALL 50 STATES TO COMPLY!!!
Taken from: “The Ozarks Sentinel” Editorial.
Why Detroit’s Bankruptcy Could Detonate a $3.7-Trillion Muni Bond Bomb
Published Wed, Jul 24th, 2013 Louis Basenese, Chief Investment Strategist
Don’t sweat it. That’s what municipal bond investors are being told by “respected” financial pundits in the aftermath of Detroit’s $18.5-billion bankruptcy filing – the largest in U.S. history.
“We view Detroit’s default and subsequent bankruptcy filing as idiosyncratic, and not as a symptom of a wider issue in the municipal market,” says Jane Hudson Ridley, a credit analyst with Standard & Poor’s.
Are you kidding me?
I get that all of the largest municipal bond ETFs – like the iShares S&P National AMT-Free Muni Bond ETF (MUB) and the Market Vectors High-Yield Muni ETF (HYD) – carry very little exposure to Michigan. So thanks to the powers of diversification, the underlying values of the funds won’t take a big hit.
But this isn’t about diversification. It’s about a $3.7-trillion muni bond market that’s anything but healthy – and a potentially disastrous precedent being set that promises to undermine 201 years’ worth of trust.
Sorry, but that’s a pretty big deal, and it’s certainly worth sweating over. So consider today’s article a super-sized dose of truth serum.
From Moral Obligation to Moral Hazard
Before we get to the current situation at hand, it’s important that we have a historical understanding of municipal bonds. Don’t worry. I’ll keep it to a couple paragraphs…
The first officially recorded municipal bond was issued by the City of New York for a canal in 1812. It was a general obligation bond, meaning the city pledged every available resource – most notably, tax revenue – to repay the debt. So, in theory, unless the city lost its legal ability to levy taxes, which it never would, investors would be repaid.
That’s key because every single general obligation muni bond issued since that time has carried the same level of implied safety. Apparently, though, Detroit’s emergency manager, Kevyn D. Orr, wants to do away with 201 years’ worth of trust established with investors.
His restructuring proposal calls for bondholders to be repaid as little as $0.10 on the dollar.
As Jim Colby, Senior Municipal Strategist at Market Vectors ETFs, says, the unprecedented move “begins to challenge what has been the foundation for nearly 70% of all financings done in the municipal bond market: the ‘moral obligation’ on the part of the issuer of bonds to adhere to the promise to set the ‘full faith and credit’ and taxing power of the entity… to repay the owners of those bonds.”
If Orr succeeds, look for all hell to break loose. Just like we witnessed during the real estate collapse when homeowners started walking away from their mortgage obligations without any recourse, other cash-strapped municipalities are destined to follow Detroit’s lead and try to renege, too.
“If the outcome is that [Detroit reduces] some liabilities, that could be an incentive” for bankruptcy filings by other cities, says Timothy Blake, Managing Director of Moody’s Investors Service.
The end result?
Instead of a moral obligation propping up muni bond prices like it has for two centuries, a moral hazard will undermine them. In a New York second, no less.
As Colby notes, “There would be damage done to untold numbers of portfolios as confidence disappears and valuations drop.”
But we shouldn’t sweat the situation, right?
Stay tuned for tomorrow, when I’ll reveal two major U.S. cities that might be on the brink of a collapse. I’ll also share three more reasons to be wary of muni bonds and, most importantly, specific actions we can take to protect our portfolios and potentially profit from the situation.
Ahead of the tape,
Newsmax wow I am amazed at these article, Obama economics at it’s best
Four in 5 Americans Face Near-poverty, No Work Under Obama
Sunday, July 28, 2013 02:57 PM
By: HOPE YEN
Four out of 5 U.S. adults struggle with joblessness, near-poverty or reliance on welfare for at least parts of their lives, a sign of deteriorating economic security and an elusive American dream.
Survey data exclusive to The Associated Press points to an increasingly globalized U.S. economy, the widening gap between rich and poor, and the loss of good-paying manufacturing jobs as reasons for the trend.
The findings come as President Barack Obama tries to renew his administration’s emphasis on the economy, saying in recent speeches that his highest priority is to “rebuild ladders of opportunity” and reverse income inequality.
As nonwhites approach a numerical majority in the U.S., one question is how public programs to lift the disadvantaged should be best focused — on the affirmative action that historically has tried to eliminate the racial barriers seen as the major impediment to economic equality, or simply on improving socioeconomic status for all, regardless of race.
Hardship is particularly growing among whites, based on several measures. Pessimism among that racial group about their families’ economic futures has climbed to the highest point since at least 1987. In the most recent AP-GfK poll, 63 percent of whites called the economy “poor.”
“I think it’s going to get worse,” said Irene Salyers, 52, of Buchanan County, Va., a declining coal region in Appalachia. Married and divorced three times, Salyers now helps run a fruit and vegetable stand with her boyfriend but it doesn’t generate much income. They live mostly off government disability checks.
“If you do try to go apply for a job, they’re not hiring people, and they’re not paying that much to even go to work,” she said. Children, she said, have “nothing better to do than to get on drugs.”
While racial and ethnic minorities are more likely to live in poverty, race disparities in the poverty rate have narrowed substantially since the 1970s, census data show. Economic insecurity among whites also is more pervasive than is shown in the government’s poverty data, engulfing more than 76 percent of white adults by the time they turn 60, according to a new economic gauge being published next year by the Oxford University Press.
The gauge defines “economic insecurity” as a year or more of periodic joblessness, reliance on government aid such as food stamps or income below 150 percent of the poverty line. Measured across all races, the risk of economic insecurity rises to 79 percent.
Marriage rates are in decline across all races, and the number of white mother-headed households living in poverty has risen to the level of black ones.
“It’s time that America comes to understand that many of the nation’s biggest disparities, from education and life expectancy to poverty, are increasingly due to economic class position,” said William Julius Wilson, a Harvard professor who specializes in race and poverty. He noted that despite continuing economic difficulties, minorities have more optimism about the future after Obama’s election, while struggling whites do not.
“There is the real possibility that white alienation will increase if steps are not taken to highlight and address inequality on a broad front,” Wilson said.
Nationwide, the count of America’s poor remains stuck at a record number: 46.2 million, or 15 percent of the population, due in part to lingering high unemployment following the recession. While poverty rates for blacks and Hispanics are nearly three times higher, by absolute numbers the predominant face of the poor is white.
More than 19 million whites fall below the poverty line of $23,021 for a family of four, accounting for more than 41 percent of the nation’s destitute, nearly double the number of poor blacks.
Sometimes termed “the invisible poor” by demographers, lower-income whites generally are dispersed in suburbs as well as small rural towns, where more than 60 percent of the poor are white. Concentrated in Appalachia in the East, they are numerous in the industrial Midwest and spread across America’s heartland, from Missouri, Arkansas and Oklahoma up through the Great Plains.
Buchanan County, in southwest Virginia, is among the nation’s most destitute based on median income, with poverty hovering at 24 percent. The county is mostly white, as are 99 percent of its poor.
More than 90 percent of Buchanan County’s inhabitants are working-class whites who lack a college degree. Higher education long has been seen there as nonessential to land a job because well-paying mining and related jobs were once in plentiful supply. These days many residents get by on odd jobs and government checks.
Salyers’ daughter, Renee Adams, 28, who grew up in the region, has two children. A jobless single mother, she relies on her live-in boyfriend’s disability checks to get by. Salyers says it was tough raising her own children as it is for her daughter now, and doesn’t even try to speculate what awaits her grandchildren, ages 4 and 5.
Smoking a cigarette in front of the produce stand, Adams later expresses a wish that employers will look past her conviction a few years ago for distributing prescription painkillers, so she can get a job and have money to “buy the kids everything they need.”
“It’s pretty hard,” she said. “Once the bills are paid, we might have $10 to our name.”
Census figures provide an official measure of poverty, but they’re only a temporary snapshot that doesn’t capture the makeup of those who cycle in and out of poverty at different points in their lives. They may be suburbanites, for example, or the working poor or the laid off.
In 2011 that snapshot showed 12.6 percent of adults in their prime working-age years of 25-60 lived in poverty. But measured in terms of a person’s lifetime risk, a much higher number — 4 in 10 adults — falls into poverty for at least a year of their lives.
The risks of poverty also have been increasing in recent decades, particularly among people ages 35-55, coinciding with widening income inequality. For instance, people ages 35-45 had a 17 percent risk of encountering poverty during the 1969-1989 time period; that risk increased to 23 percent during the 1989-2009 period. For those ages 45-55, the risk of poverty jumped from 11.8 percent to 17.7 percent.
Higher recent rates of unemployment mean the lifetime risk of experiencing economic insecurity now runs even higher: 79 percent, or 4 in 5 adults, by the time they turn 60.
By race, nonwhites still have a higher risk of being economically insecure, at 90 percent. But compared with the official poverty rate, some of the biggest jumps under the newer measure are among whites, with more than 76 percent enduring periods of joblessness, life on welfare or near-poverty.
By 2030, based on the current trend of widening income inequality, close to 85 percent of all working-age adults in the U.S. will experience bouts of economic insecurity.
“Poverty is no longer an issue of ‘them’, it’s an issue of ‘us’,” says Mark Rank, a professor at Washington University in St. Louis who calculated the numbers. “Only when poverty is thought of as a mainstream event, rather than a fringe experience that just affects blacks and Hispanics, can we really begin to build broader support for programs that lift people in need.”
The numbers come from Rank’s analysis being published by the Oxford University Press. They are supplemented with interviews and figures provided to the AP by Tom Hirschl, a professor at Cornell University; John Iceland, a sociology professor at Penn State University; the University of New Hampshire’s Carsey Institute; the Census Bureau; and the Population Reference Bureau.
Among the findings:
—For the first time since 1975, the number of white single-mother households living in poverty with children surpassed or equaled black ones in the past decade, spurred by job losses and faster rates of out-of-wedlock births among whites. White single-mother families in poverty stood at nearly 1.5 million in 2011, comparable to the number for blacks. Hispanic single-mother families in poverty trailed at 1.2 million.
—Since 2000, the poverty rate among working-class whites has grown faster than among working-class nonwhites, rising 3 percentage points to 11 percent as the recession took a bigger toll among lower-wage workers. Still, poverty among working-class nonwhites remains higher, at 23 percent.
—The share of children living in high-poverty neighborhoods — those with poverty rates of 30 percent or more — has increased to 1 in 10, putting them at higher risk of teenage pregnancy or dropping out of school. Non-Hispanic whites accounted for 17 percent of the child population in such neighborhoods, compared with 13 percent in 2000, even though the overall proportion of white children in the U.S. has been declining.
The share of black children in high-poverty neighborhoods dropped from 43 percent to 37 percent, while the share of Latino children went from 38 percent to 39 percent.
—Race disparities in health and education have narrowed generally since the 1960s. While residential segregation remains high, a typical black person now lives in a no majority black neighborhood for the first time. Previous studies have shown that wealth is a greater predictor of standardized test scores than race; the test-score gap between rich and low-income students is now nearly double the gap between blacks and whites.
Going back to the 1980s, never have whites been so pessimistic about their futures, according to the General Social Survey, a biannual survey conducted by NORC at the University of Chicago. Just 45 percent say their family will have a good chance of improving their economic position based on the way things are in America.
The divide is especially evident among those whites who self-identify as working class. Forty-nine percent say they think their children will do better than them, compared with 67 percent of nonwhites who consider themselves working class, even though the economic plight of minorities tends to be worse.
Although they are a shrinking group, working-class whites — defined as those lacking a college degree — remain the biggest demographic bloc of the working-age population. In 2012, Election Day exit polls conducted for the AP and the television networks showed working-class whites made up 36 percent of the electorate, even with a notable drop in white voter turnout.
Last November, Obama won the votes of just 36 percent of those noncollege whites, the worst performance of any Democratic nominee among that group since Republican Ronald Reagan’s 1984 landslide victory over Walter Mondale.
Some Democratic analysts have urged renewed efforts to bring working-class whites into the political fold, calling them a potential “decisive swing voter group” if minority and youth turnout level off in future elections. “In 2016 GOP messaging will be far more focused on expressing concern for ‘the middle class’ and ‘average Americans,'” Andrew Levison and Ruy Teixeira wrote recently in The New Republic.
“They don’t trust big government, but it doesn’t mean they want no government,” says Republican pollster Ed Goeas, who agrees that working-class whites will remain an important electoral group. His research found that many of them would support anti-poverty programs if focused broadly on job training and infrastructure investment. This past week, Obama pledged anew to help manufacturers bring jobs back to America and to create jobs in the energy sectors of wind, solar and natural gas.
“They feel that politicians are giving attention to other people and not them,” Goeas said.
No 443 “En mi opinión” Julio 29, 2013
“THE FREEDON NEVER IS FREE”
“En mi opinión” Lázaro R González Miño Editor ‘IN GOD WE TRUST’