Sunday, September 26, 2010

Economically Raping The Poor


With poverty rates steadily increasing among African Americans it is hard to ignore the effects it has on American society and social intuitions. The increase of single parent homes and dependency on government aid has led many to believe that it is not only solely African Americans, or any other ethnic race group’s responsibility to high poverty rates.

Many are now realizing that some reasoning of poverty is due to the oppression of the higher social economical class.

Government anti-poverty efforts have made some progress but have not eradicated the problem. Similarly, periods of strong economic growths, which bring more jobs and higher wages, have helped reduce poverty but have not eliminated it entirely.

Despite the generally prosperous American economy as a whole, concerns about inequality continued during the 1980s and 1990s. Increasing global competition threatened workers in many traditional manufacturing industries, and their wages stagnated.

At the same time, the federal government edged away from tax policies that sought to favor lower-income families at the expense of wealthier ones, and it also cut spending on a number of domestic social programs intended to help the disadvantaged. Meanwhile, wealthier families reaped most of the gains from the booming stock market... hmmm??? Makes you wonder

Thoughts?...

Xoxo,

kitty<3

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