Tag Archives: poverty

Two black economists explain how to end poverty in America | WINTERY KNIGHT

These days, everyone seems to think that being good to the poor means looking around to see what people are saying is good to the poor, then loudly shouting your agreement with it. People want to look good to others more than they want to help others. Besides, looking good by loud virtue signaling is free. If we really wanted to help people, though, we should tell them to do what will work.

So let’s talk about poverty in America, with help from famous black economist Walter Williams.

First, he says real poverty is not common in America:

There is no material poverty in the U.S. Here are a few facts about people whom the Census Bureau labels as poor. Dr. Robert Rector and Rachel Sheffield, in their study “Understanding Poverty in the United States: Surprising Facts About America’s Poor”, report that 80 percent of poor households have air conditioning; nearly three-quarters have a car or truck, and 31 percent have two or more. Two-thirds have cable or satellite TV. Half have one or more computers. Forty-two percent own their homes. Poor Americans have more living space than the typical non-poor person in Sweden, France or the U.K. What we have in our nation are dependency and poverty of the spirit, with people making unwise choices and leading pathological lives aided and abetted by the welfare state.

Second, the “poverty” is not caused by racism, but by poor choices:

The Census Bureau pegs the poverty rate among blacks at 35 percent and among whites at 13 percent. The illegitimacy rate among blacks is 72 percent, and among whites it’s 30 percent. A statistic that one doesn’t hear much about is that the poverty rate among black married families has been in the single digits for more than two decades, currently at 8 percent. For married white families, it’s 5 percent. Now the politically incorrect questions: Whose fault is it to have children without the benefit of marriage and risk a life of dependency? Do people have free will, or are they governed by instincts?

There may be some pinhead sociologists who blame the weak black family structure on racial discrimination. But why was the black illegitimacy rate only 14 percent in 1940, and why, as Dr. Thomas Sowell reports, do we find that census data “going back a hundred years, when blacks were just one generation out of slavery … showed that a slightly higher percentage of black adults had married than white adults. This fact remained true in every census from 1890 to 1940”? Is anyone willing to advance the argument that the reason the illegitimacy rate among blacks was lower and marriage rates higher in earlier periods was there was less racial discrimination and greater opportunity?

Third, avoiding poverty is the result of good choices:

No one can blame a person if he starts out in life poor, because how one starts out is not his fault.

If he stays poor, he is to blame because it is his fault. Avoiding long-term poverty is not rocket science. First, graduate from high school. Second, get married before you have children, and stay married. Third, work at any kind of job, even one that starts out paying the minimum wage. And finally, avoid engaging in criminal behavior. It turns out that a married couple, each earning the minimum wage, would earn an annual combined income of $30,000. The Census Bureau poverty line for a family of two is $15,500, and for a family of four, it’s $23,000. By the way, no adult who starts out earning the minimum wage does so for very long.

Fourth, what stops people from making good choices is big government:

Since President Lyndon Johnson declared war on poverty, the nation has spent about $18 trillion at the federal, state and local levels of government on programs justified by the “need” to deal with some aspect of poverty. In a column of mine in 1995, I pointed out that at that time, the nation had spent $5.4 trillion on the War on Poverty, and with that princely sum, “you could purchase every U.S. factory, all manufacturing equipment, and every office building. With what’s left over, one could buy every airline, trucking company and our commercial maritime fleet. If you’re still in the shopping mood, you could also buy every television, radio and power company, plus every retail and wholesale store in the entire nation”. Today’s total of $18 trillion spent on poverty means you could purchase everything produced in our country each year and then some.

Regarding those last two points, here is another famous black economist, Thomas Sowell:

Economist Thomas Sowell blames welfare for killing the black family

Economist Thomas Sowell blames welfare for killing the black family

To illustrate this point, here’s a graph with some helpful data taken from the U. S. Census.

In fact, there is a whole video featuring Thomas Sowell to go with this graph:

Black women were more likely to be married before welfare programs

Black women were more likely to be married before welfare programs

And an article to go with it:

If we wanted to be serious about evidence, we might compare where blacks stood a hundred years after the end of slavery with where they stood after 30 years of the liberal welfare state. In other words, we could compare hard evidence on “the legacy of slavery” with hard evidence on the legacy of liberals.

Despite the grand myth that black economic progress began or accelerated with the passage of the civil rights laws and “war on poverty” programs of the 1960s, the cold fact is that the poverty rate among blacks fell from 87 percent in 1940 to 47 percent by 1960. This was before any of those programs began.

Over the next 20 years, the poverty rate among blacks fell another 18 percentage points, compared to the 40-point drop in the previous 20 years. This was the continuation of a previous economic trend, at a slower rate of progress, not the economic grand deliverance proclaimed by liberals and self-serving black “leaders.”

Ending the Jim Crow laws was a landmark achievement. But, despite the great proliferation of black political and other “leaders” that resulted from the laws and policies of the 1960s, nothing comparable happened economically. And there were serious retrogressions socially.

Nearly a hundred years of the supposed “legacy of slavery” found most black children being raised in two-parent families in 1960. But thirty years after the liberal welfare state found the great majority of black children being raised by a single parent.

The rest of the article points out how even crime rates among blacks were caused by the implementation of soft law enforcement policies by progressives. Just look at the big cities if you want to know what it is like for blacks to be ruled by Democrats. It sucks!

If everybody started to read more Thomas Sowell books, we would be much better off as a country! Only good things happen when people stop watching TV and listening to music and watching movies, and instead settle down in a chair with a Thomas Sowell book. I recommended a bunch of them in a previous post.

Demand At Food Banks Has Soared To Record Levels All Over The United States | The Economic Collapse

Why is demand at food banks all over the country higher than it has ever been before?  The media keeps insisting that economic conditions are just fine, but it has become quite obvious to everyone that this is not true.  In particular, the rising cost of living has been absolutely crushing households from coast to coast.  In the old days, most of the people that would show up at food banks were unemployed.  But now food banks are serving large numbers of people that actually do have jobs but that don’t make enough to pay for all of the basics.  The ranks of the “working poor” are growing very rapidly, and this is creating an unprecedented crisis all over America.

Perhaps you think that I am exaggerating.

Let me share some specific examples that will prove that I am not.

In Pennsylvania, the Greater Pittsburgh Community Food Bank saw “its highest need on record this past year”

A new report shows the Greater Pittsburgh Community Food Bank saw its highest need on record this past year. It comes as we mark Hunger Action Month across the country.

Toi Payne of Pittsburgh’s Allentown neighborhood gets emotional thinking about how the Greater Pittsburgh Community Food Bank in Duquesne and other local pantries have been lifesavers for her for the past 30 years.

“We need these places,” Payne said. “Without the food banks, I think a lot of people would be struggling even more, you know, and it helps like the elderly and people like me that’s on disability.”

We are also seeing record demand in Montana

North Valley Food Bank in Whitefish served 613 families a Thanksgiving meal – a record high.

They anticipate more than 1,000 food bank customers for their Christmas holiday distribution on December 18-19.

“Year round here we’re feeding over a 1,000 of our neighbors every week and the need goes up during the holiday season,” said North Valley Food Bank Director of Development Mandy Gerth.

And in the San Francisco area

This holiday season, food banks say they’re facing greater need than ever before. In Silicon Valley, they say 1 in 6 people are coming in for food assistance. In San Francisco, that number is 1 in 5. But the organizations say donations are not keeping up with demand.

For all the food banks, December is a big month. Both in terms of need, and in terms of fundraising. And they say what happens now will impact the entire year ahead.

In some parts of the nation, food banks are absolutely shattering all of the old records.

At one location in New Jersey, demand has actually “quadrupled” since the peak of the pandemic…

Food banks across the Garden State are struggling to keep up with rising demand that may soon outpace donations.
At the Salvation Army’s Kroc Community Center in Camden, requests for services have quadrupled since the height of the pandemic, according to a spokesperson.

They keep telling us that everything is fine.

They keep telling us that there is no reason to be concerned.

But in some areas of the country demand at food banks is now four times higher than it was during the worst moments of the pandemic.

Wake up.

They aren’t telling you the truth.

In St. Louis, some people actually had to wait in line for eight hours just to receive a free Thanksgiving meal…

That high demand is felt all over the state. In St. Louis, people waited eight hours to get a free Thanksgiving meal from the Urban League.

This isn’t normal.

Poverty is rapidly growing all around us.

When will our leaders finally admit the truth?

In the state of Washington, approximately one-fourth of the entire population is now experiencing food insecurity…

The rising cost of living, particularly in housing and groceries, is pushing more families in Washington state to seek assistance from food banks.

According to Robert Ojeda of Food Lifeline, the largest hunger relief organization in the state, food insecurity affects about 25% of Washingtonians, meaning one in four residents is struggling to access enough food.

Ojeda said, “The percentage of food insecurity in Washington state is about 25%, so 1 in 4 Washingtonians are experiencing food insecurity.”

And the largest network of food banks in the state of Washington is reporting that overall demand has nearly doubled since the pandemic began…

  • Before the pandemic, Food Lifeline served about 800,000 people annually.
  • During the pandemic, that number rose to 1.1 million and has continued increasing, reaching 1.5 million in 2023 and 1.7 million in 2024, Coleman said.

Hunger in America is getting progressively worse.

Poverty in America is getting progressively worse.

Economic pain in America is getting progressively worse.

Meanwhile, the party on Wall Street never seems to end, and young bankers are “snorting lines of Adderall at their desks”

Young Wall Street bankers working 90 hours a week are snorting lines of Adderall at their desks in a new office drug culture.

While cocaine was once the drug of choice, bankers are now reportedly turning to the ADHD medication for work days that can last as long as 22 hours, along with nicotine patches and energy drinks.

One young banker that was interviewed openly admits that he uses Adderall to help him cope with 22 hour days…

Jonah Frey, a former investment banker for Wells Fargo in San Francisco, said one colleague would snort lines of crushed Adderall pills at his desk and that “nobody blinked an eye”.

Mr Frey told the Wall Street Journal he began taking the drug in 2020 because his colleagues told him it would help with the long hours, frequently pushing through from 4am until calls with the East Coast office at 2am the next day.

They are so busy making money on Wall Street that some workers hardly get any sleep at all.

But at the same time economic suffering is spreading like wildfire in communities all over the nation.

If our economic pain is this bad while the party on Wall Street is still raging, what is our country going to look like once the party on Wall Street finally ends?

Michael’s new book entitled “Why” is available in paperback and for the Kindle on Amazon.com, and you can subscribe to his Substack newsletter at michaeltsnyder.substack.com.

About the Author: Michael Snyder’s new book entitled “Why” is available in paperback and for the Kindle on Amazon.com. He has also written eight other books that are available on Amazon.com including “Chaos”“End Times”“7 Year Apocalypse”“Lost Prophecies Of The Future Of America”“The Beginning Of The End”, and “Living A Life That Really Matters”.  When you purchase any of Michael’s books you help to support the work that he is doing.  You can also get his articles by email as soon as he publishes them by subscribing to his Substack newsletter.  Michael has published thousands of articles on The Economic Collapse BlogEnd Of The American Dream and The Most Important News, and he always freely and happily allows others to republish those articles on their own websites.  These are such troubled times, and people need hope.  John 3:16 tells us about the hope that God has given us through Jesus Christ: “For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life.”  If you have not already done so, we strongly urge you to invite Jesus Christ to be your Lord and Savior today.

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