This while the globalist crowd livea s it up, folks?!
Want another bowl of breakfast, Americans?
"NY mayor offers new gauge for poverty; Federal formula called outdated and inaccurate" by Dan Sewell, Associated Press | July 14, 2008
CINCINNATI - Mayor Michael Bloomberg of New York who considered an independent presidential run this year, also urged the presidential candidates to make poverty a priority issue in their campaigns.
Advocates of changing the federal poverty measure, which has been under study for years, say New York's way of measuring would better assess US poverty and the impact of government programs, helping better target resources. How poverty is measured is politically sensitive because it helps determine eligibility for some federal programs.
Oh, it isn't actually about helping poor people; it's about GETTING MORE FEDERAL LOOT!!!!
Bloomberg, a billionaire businessman, in the prepared text:
"So in Washington, while there's a never-ending debate about how to confront poverty, there is hardly any clarity on who is actually poor."
Well, I know ONE GUY who doesn't have to worry!!!
And a bunch of WAR-CONTRACTING CORPORATIONS!
City officials said under the federal formula, which is $20,444 for a family of four, some 19 percent of New Yorkers are considered poor. Under the new formula, which takes into account New York's high cost of living, the poverty line is at $26,138 and 23 percent of New Yorkers are below it.
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